Question
What is the tax treatment of a tax free stock dividends from a corporation's point of view ? a. It does not cause the corporation
What is the tax treatment of a tax free stock dividends from a corporation's point of view ?
a. It does not cause the corporation to recognize Gain on the distribution
b. It is a deductible transaction
C. It is considered a distribution of the corporations earnings and profits
D. It triggers the recognition of Gain
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
