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It would be double taxed in a for profit. The business would be taxed and the income would be taxed.
by chung8123 2y ago
It would be double taxed in a for profit. The business would be taxed and the income would be taxed.
- bigstrat2003 2y agoThe business would not necessarily be taxed. Corporate taxes are on profits, not revenues.
- asdasdsddd 2y agoNo, corporate taxes are paid on net income which does not include salary