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This depends on the type of corporation that the question is inquiring about.
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Is the federal government exempt from state taxes?
Yes, the Federal Government cannot be taxed by the states, however the States can be taxed by the Federal Government. Just like the State cannot be taxed by local municipalities and Municipalities cannot be taxed by Townships.
Businesses the federal government runs are called...?
Businesses the federal government runs are called government corporations.
Are Unemployment checks taxed by the federal government?
Yes. Yes.
Do corporations have to follow the will of the federal government?
Yes, if they are an American business.
Giving charters to banks and corporations rests at what level of government?
The federal government and the states
What level of government is responsible for giving charters to banks and corporations?
The federal government and the states.
What level government is responsible for giving charters to banks and corporations?
The federal government and the states.
Which of these is taxed over a certain amount by the federal government and some states?
estate
What is the advantage of corporations?
S corporations' major benefit is that they are taxed like partnerships.
What is the major advantages of corporations?
S corporations' major benefit is that they are taxed like partnerships.
What percentage of income is withheld for social security by the federal government?
Social Security also known as FICA is taxed at 6.2% of income. Medicare is taxed at 1.45%.
What is a concurrent power a example of?
They are powers shared by both the state and federal government. Both the federal government and the states may charter banks, collect taxes, and build roads. Chartering banks and corporations
