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In a sole proprietorship, the business itself pays no taxes because it is not separate from the owner. T True F False

In a sole proprietorship, the business itself pays no taxes because it is not separate from the owner. T True F False
asked 104k views
3 votes
In a sole proprietorship, the business itself pays no taxes because it is not separate from the owner. T True F False

asked
User Wouter Overmeire
by
8.3k points

1 Answer

5 votes

False

Reason being no matter what, the business and owner always pay taxes.

answered
User Ian Oxley
by
9.3k points
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