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In 2012, Baroque, Inc, a US corporation, eamed profits of $200,000 before taxes. After paying federal income taxes of 30%, all of Baroque's after-sex income
In 2012, Baroque, Inc, a US corporation, eamed profits of $200,000 before taxes. After paying federal income taxes of 30%, all of Baroque's after-sex income was paid to its only shareheider. The federal income sax rate on corporate dividends is 15% How much tax will Baroque's shareholder pay on these dividends? OA $100,000 O $21,000 Oc. $80.000 OD $30.000
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