Corporations (a) Although it is technically a corporation, the corporation has the attributes of…

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Corporations (a) Although it is technically a corporation, the corporation has the attributes of…

Corporations
(a) Although it is technically a corporation, the corporation has the attributes of which business organization when considering the taxation factor?
(b) What is the implication of this treatment if the corporation has a profitable year but does not distribute dividends to its shareholders?
 

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