a firm firm that owns lare dividend payed by stockholders by the stock of another corporation does not have to on the entire amount dividend received. recenter, only 20 percent of the dividers received by one corporation from another are toccable. The reason for the law features is to mitigate the effect of triple taxation, which occurs when earnings are first taxed at the firm, its dividends paid to the second firm paid to stockholders by the second and the dasume that a firm with a 25 percent tox rate received $400,000 in dividend from another corporation. What took must be paid on this dividend, and what is the after-tax amount dividends? are tased firm are