The corporate form of business is never preferred from a tax perspective because of the inherent double taxation.   True or False?

Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN:9781337485913
Author:BROOKS
Publisher:BROOKS
Chapter6: Professional Accounting In The Public Interest
Section: Chapter Questions
Problem 29.1EC
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The corporate form of business is never preferred from a tax perspective because of the inherent double taxation.
 
True or False?
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