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In the past the differential between the corporate and individual maximums rates combined with the effect of double taxation on corporate distributions sometimes acted as
In the past the differential between the corporate and individual maximums rates combined with the effect of double taxation on corporate distributions sometimes acted as an incentive for the corporation to accumulate income. What weapons does the Internal Revenue Code provide to combat this abuse?
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Bank Management
Authors: Timothy W. Koch, S. Scott MacDonald
8th edition
1133494684, 978-1305177239, 1305177231, 978-1133494683
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