Respuesta :
All of the following are advantages to organizing as a corporation except double taxation.
Double taxation is a tax principle referring to income taxes paid two times at the same supply of earnings. it may occur while profits is taxed at both the company level and personal level. Double taxation additionally happens in global trade or funding when the same income is taxed in different nations. Double taxation occurs whilst a agency will pay the corporate tax price on income or profits, then can pay dividends from those profits to shareholders who're again taxed on the money at their personal prices. What the law prohibits is the imposition of taxes at the same issue rely, for the equal cause, by using the same taxing authority, inside the same jurisdiction and at some stage in the same taxing duration; thus, double taxation ought to be of the equal type or man or woman to be a valid trouble. Double Taxation Avoidance agreement (DTAA) is an agreement between two countries that the profits of non-citizens ought to now not be taxed each of their us of a of origin and within the country wherein they stay. version forms had been first prepared by the fiscal Committee of the League of nations in 1927.
Learn more about Double taxation here:-
https://brainly.com/question/3474251
#SPJ4
