Answer:
True
Explanation:
Sole proprietorship and its owner are not treated a separate legal entities for the purpose of taxation. in fact a sole proprietorship and its owner are are both taxed under the same tax.
The owner of a sole proprietor reports the income from the sole proprietorship in his tax form when filling the tax assessment form.
A sole proprietor is personally liable for all the debt of the Sole proprietorship including the tax liability, hence the income from the sole proprietorship is included in his tax return.
