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conduit tax treatment |
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conduit tax treatment Income passing through an entity without taxation at that level,but only at the recipient's level. A subchapter S-corporation, a partnership, and a limited liability company are all examples. Contrast with a C-corporation, which pays income taxes on profits and then uses after-tax dollars to pay dividends to shareholders,who pay taxes on the dividends. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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