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Question 1- The Corporation You are a shareholder in a C corporation. The corporation earns $2 per share before taxes. Once it has paid taxes
Question 1- The Corporation You are a shareholder in a C corporation. The corporation earns $2 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 40% and the personal tax rate on (both dividend and non- dividend) income is 30%. How much is left for you after all taxes are paid? If the corporation is an S corporation, how much is left for you after all taxes are paid
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