Accountancy, asked by SM8242, 9 months ago

In case of a sole proprietorship business, income tax paid is treated as ​

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Answered by jiya551400
9

Answer:

The primary difference in tax treatment is that sole proprietorship profits are treated as personal income, whereas corporations are taxed separately. Because sole proprietorship income is taxed as personalincome, the tax amount depends on your personal income tax bracket.

Explanation:

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Answered by av20016571
1

Answer:

Drawing

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