Millionaire Mode

Taxation of Corporations

Question 1 of 14

What is the basic principle underlying the taxation of corporations?

  1. Corporations are taxed on their net income.
  2. Corporations are taxed on their gross income.
  3. Corporations are taxed on their retained earnings.
  4. Corporations are taxed on their dividends.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000