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Could you please finish the question around 300-hundred words? Thank you Your client is a closely held corporation with five shareholders. They operate a manufacturing

Could you please finish the question around 300-hundred words? Thank you

image text in transcribed Your client is a closely held corporation with five shareholders. They operate a manufacturing company based in New Jersey and are considering expanding to Singapore. They are profitable with significant cash and retained earnings. The corporation has never paid a dividend. What advice would you provide to the company regarding corporation penalty taxes

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