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This year, Napa Corporation received the following dividends. KLP Inc. (a taxable Delaware corporation in which Napa holds an 8% stock interest) $ 66,000 Gamma
This year, Napa Corporation received the following dividends.
| KLP Inc. (a taxable Delaware corporation in which Napa holds an 8% stock interest) | $ | 66,000 |
| Gamma Inc. (a taxable Florida corporation in which Napa holds a 90% stock interest) | 131,000 | |
Napa and Gamma do not file a consolidated tax return. Compute Napas dividends-received deduction.
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Water Audits And Loss Control Programs Manual Of Water Supply Practices M36
Authors: AWWA Staff
3rd Edition
1583216316, 978-1583216316
