Question
Consider a S corporation. The corporation earns $14 per share before taxes. The corporate tax rate is 44%, the tax rate on dividend income is
Consider a S corporation. The corporation earns $14 per share before taxes. The corporate tax rate is 44%, the tax rate on dividend income is 25%, and the personal income tax rate is set at 23%. What are the shareholder's earnings from the corporation after all corresponding taxes are paid?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
2nd Edition
0073530638, 9780073530635
