Brock and David are equal shareholders of an S corporation that manufactures electric razors. They are interested
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Brock and David are equal shareholders of an S corporation that manufactures electric razors. They are interested in opening a plant in the south. They want to know whether Florida or Alabama would be the best state to move to, considering only tax consequences. The main concern is with regard to income taxes (corporate and personal), franchise taxes, and intangible asset property taxes. Brock and David expect the S corporation to generate $400,000 annual taxable income.
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Related Book For
Federal Tax Research
ISBN: 9780324659658
8th Edition
Authors: William A. Raabe, Gerald E. Whittenburg, Debra L. Sanders
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