麻烦老师解释一下谢谢

问题如下：

In which of the following situations is the impact of double taxation on the corporate organizational form the least significant?

选项：

A.

The company's shareholders are in a tax jurisdiction with a high tax rate on dividend income.

B.

The company intends to reinvest all of its after-tax profits into business growth each year.

C.

The company plans to distribute all of its after-tax income as dividends to shareholders each year.

解释：

B is correct. Reinvesting all profits means that the company pays no dividends to shareholders, and thus, no double taxation occurs.

C is incorrect. Double taxation occurs because dividend income is taxed at both the corporate level and the shareholders’ personal levels. If all after-tax profits are distributed, shareholders are taxed twice on the business’s income.

A is incorrect because a high tax rate on shareholders’ dividend income would strongly encourage the company to retain profits, find alternative means of distributing profits, or change the organizational form​​.