Aa Aa E. 8. The tax system Understanding taxes Which source of investor income is susceptible to double taxation? O Dividends O Interest earned You bought 1,000 shares of Tund Corp. stock for $75.00 per share and sold it for $77.25 per share within the same year. How will your gain or loss be treated when you file your taxes? O As a capital gain taxed at the current ordinary-income tax rate O As a capital gain taxed at the long-term tax rate Depreciation expenses directly affect a company's taxable income. An increase in depreciation expense will lead to a taxable income. It will tax deducted from a company's earnings, thus leading to a operating cash flow. If a taxpayer is liable to pay $8,950 under AMT aw but $7,500 according to the regular tax system, the taxpayer will need to pay taxes according to the