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    fayfayfry's Avatar
    fayfayfry Posts: 1, Reputation: 1
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    #1

    Nov 20, 2007, 11:35 PM
    How does double taxation occur
    How does double taxation of corporate income occur
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Nov 21, 2007, 08:29 AM
    C corporations pay income taxes on their net profit under the corporate tax return.

    They then pay dividends to their shareholders, who then pay taxes on the dividends received.

    The tax is paid by the corporations on the distributed dividends, then paid again by the shareholders on dividends received.
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