3 ms·
The C corp's money is not owned by the shareholders until it is distributed as a dividend. That is where the double tax comes into play since that money was alr
by rpedela 10y ago
The C corp's money is not owned by the shareholders until it is distributed as a dividend. That is where the double tax comes into play since that money was already taxed at the corporate level and then it will be taxed again at the personal level.