Double-income taxation, Northwest Brands, Inc., is a small

Double-income taxation

Reference no: EM13321759

Northwest Brands, Inc., is a small business incorporated in Minnesota. It's one class of stock is owned by twelve members of a single family. Ordinarily, corporate income is taxed at the corporate and shareholder levels. Is there a way for Northwest Brands to avoid this double-income taxation? Explain your answer.

Reference no: EM13321759

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