A dividend is declared by the corporations board of directors, and it is paid to each shareholder

Question:

A is declared by the corporation’s board of directors, and it is paid to each shareholder in an equal fashion. Evaluate this statement from an accounting and Federal income tax standpoint. Summarize your position in no more than four PowerPoint slides in preparation for a presentation to your classmates in Business Law I.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...