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A corporation could be subject to additional tax if which of the following are true, mark all that apply. a. Personal holding company tax for
A corporation could be subject to additional tax if which of the following are true, mark all that apply. a. Personal holding company tax for being a corporation with few owners and more than 50% of the corporation Income is investment type income. Excessive earnings are retained in the corporation and not appropriately distributed to shareholders. b. c. Alternative minimum tax to ensure corporations pay their fair share. Net investment tax for large corporations. d. e. Corporations are only assessed the proportional flat corporate tax rate. A corporation could be subject to additional tax if which of the following are true, mark all that apply. a. Personal holding company tax for being a corporation with few owners and more than 50% of the corporation income is investment type income. Excessive earnings are retained in the corporation and not appropriately distributed to shareholders. b. c. Alternative minimum tax to ensure corporations pay their fair share, Net investment tax for large corporations. d. e. Corporations are only assessed the proportional flat corporate tax rate
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