Do corporations pay long term capital gains taxes (15%) on real estate or do they pay their normal tax rate?

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2006-10-19 03:37:09 · 2 answers · asked by jeff p 1 in Business & Finance ➔ Taxes ➔ United States

I believe that "all" income for a traditional corporation (or "C" Corp) is taxed the same.

2006-10-19 03:44:32 · answer #1 · answered by Wayne Z 7 · 0⤊ 0⤋

Wayne is correct, there is no special capital gain rate for corporations.

2006-10-19 09:32:13 · answer #2 · answered by TaxGuru 4 · 0⤊ 0⤋