The Legal Environment of Business: Text and Cases (MindTap Course List)
The Legal Environment of Business: Text and Cases (MindTap Course List)
10th Edition
ISBN: 9781305967304
Author: Frank B. Cross, Roger LeRoy Miller
Publisher: Cengage Learning
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Chapter 18, Problem 1IS
Summary Introduction

Case summary:Company NB is a small business company. Twelve members of a single-family own one class of the stock of company NB. The corporate income of the company is taxed at the corporate level and shareholder level.

To find: The way by which company NB can avoid double taxation.

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