What mean by double taxation in the context

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Problem 1: Before we expand this discussion into the deeper details of corporate taxation this week, let's first focus on a fundamental drawback of incorporating an entity as a C corporation: double taxation. In your own words, explain what we mean by double taxation in this context, tell us why many people assert that it's not fair (for lack of a better word), and indicate any of the measures that might be used for circumventing this disadvantageous aspect of incorporating a business.

Reference no: EM133002194

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