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Law, 06.03.2020 23:47 Kizmit1423

Which of the following statements is correct? A. S shareholders are taxed on their proportionate share of earnings whether or not distributed. B. S shareholders are taxed on their proportionate share of earnings that are distributed. C. S shareholders are only taxed on distributions. D. An owner of a C corporation is taxed on his or her proportionate share of earnings.

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