In the United States, dividends received from corporations are taxable at long-term capital gain rates. Because the

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In the United States, dividends received from corporations are taxable at long-term capital gain rates. Because the corporation paying the dividend does not get a deduction for dividends paid, the dividends are subject to double taxation. Other countries may provide tax relief for dividends received to eliminate the double taxation problem. Use the Internet to find information on the taxation of dividends in another country. Trace the process you used to obtain the information (search engine or tax directory and keywords used) and summarize the treatment of dividends received in that country.


Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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...
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Concepts In Federal Taxation

ISBN: 9780324379556

19th Edition

Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher

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