Skip to content

An Overview of Pass-through Businesses in the United States

Key Findings

  • Pass-through business income is taxed on the business owners’ tax returns through the individual income tax code.

  • Pass-through business income faces marginal tax rates that exceed 50 percent in some U.S. states.

  • Pass-through businesses face only one layer of tax on their profits compared to the double taxation faced by C corporations…

Read more by clicking here.