Which of the following types of business (Sole Trader, Partnership, Close Corporation, Public Company, Private Company), is a separate taxable entity?

If this is a homework problem you need to let us know what you think rather than us just give you the answer. HINT: Think of where general liabilities fall on each of the five types. If it falls on a different entity than the entity itself is taxable. If it falls on the owners than the owner is taxed for the company.