[dsr_]

That depends on how you do business.

If you set up a sole proprietorship, the profits of the business are your personal income.

Set up an LLC, and each of the partners gets their profit split taxed as personal income. However, profits can be reduced by spending more, and many more things are untaxable expenses for a business.

Set up an actual corporation, and you pay corporate taxes on profits, not income taxes. You still pay income taxes on salary.