These are the choices I found on the internet:
A. C corporations are generally not subject to corporate income tax.
B. C corporations are separate entities for tax purposes.
C. Shareholders of a C corporation have limited liability.
D. Shareholders of a C corporation are taxed only when the corporation distributes earnings and profits.
The false one would be letter A - C corporations are generally not subject to corporate income tax.
C corporations are subject to tax and may be taxed at a tax rate from 15 to 38 percent.
