question archive Each of the following business entities have "flow-through" or "pass-through" taxation in which the owners of the business are taxed for any profits they receive

Each of the following business entities have "flow-through" or "pass-through" taxation in which the owners of the business are taxed for any profits they receive

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Each of the following business entities have "flow-through" or "pass-through" taxation in which the owners of the business are taxed for any profits they receive. Which of the following business entity is not a pass through entity but rather its income is taxed twice: one at the business entity level and also at the owner level?

  a.

General Partnership

 

  b.

Limited Partnership

 

  c.

C-corporation

 

  d.

S-corporation

 

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