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stion 13 Belgium has a classical system of taxation. Calculate the Net incomes of the company do that eams 2,500,000 Euro () and distributes 45

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stion 13 Belgium has a classical system of taxation. Calculate the Net incomes of the company do that eams 2,500,000 Euro () and distributes 45 percent of its earnings as a dividende that the company's income tax rate is 35 percent. (5 Marks) ed shareholders and the total taxes that would be paid by a company headquartered in Brussels shareholders. Assume that the company's shareholders are in the 50 percent tax bracket and stion 13 Belgium has a classical system of taxation. Calculate the Net incomes of the company do that eams 2,500,000 Euro () and distributes 45 percent of its earnings as a dividende that the company's income tax rate is 35 percent. (5 Marks) ed shareholders and the total taxes that would be paid by a company headquartered in Brussels shareholders. Assume that the company's shareholders are in the 50 percent tax bracket and

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