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Latest revision as of 21:06, 12 September 2026
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The most widespread form of legal entity is this company. There are two basic forms, C Corp and S Corp. A C Corp pays tax by its profit for the majority and then any dividends paid to shareholders one other taxed. Hence the term double-taxation. An S Corp however works differently. The S Corp pays no tax on profits. The gain flows transfer pricing to the shareholders who then pay tax on that money. The big difference let me reveal that the 15.3% self-employment tax doesn't apply.
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