If C corporations retain their after tax earnings when will their shareholders be taxed on the retained
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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 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
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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