Question
If C corporations retain their after tax earnings when will their shareholders be taxed on the retained earnings A. Will be taxed when they sell
If C corporations retain their after tax earnings when will their shareholders be taxed on the retained earnings
A. Will be taxed when they sell their shares at a gain
B. The year they elect to be taxed on undos tributes earnings
C. Taxed on undistributed retained earnings the year the corporation files it's tax return
D. None of these
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
