Question
Consider a S corporation. The corporation earns $2.2 per share before taxes. The corporate tax rate is 35%, the tax rate on dividend income is
Consider a S corporation. The corporation earns $2.2 per share before taxes. The corporate tax rate is 35%, the tax rate on dividend income is 22%, and the personal income tax rate is set at 18%. What are the shareholder's earnings from the corporation after all corresponding taxes are paid?
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Capital As Power
Authors: Jonathan Nitzan, Shimshon Bichler
1st Edition
0415496802, 978-0415496803
