What Is Double Taxation?
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Double taxation is a term used to describe a situation where the same income is taxed twice. Double taxation occurs when a corporation or a company is taxed on its profits at the corporate level and then again when the profits are distributed to shareholders as dividends, which are then taxed again as personal income. Need help with this issue or have a business question? Contact NCH today! #DoubleTaxation #BusinessTaxation #CorporateTax #Taxation #FinancialBurden #ShareholderDividends #PassThro
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