Question
you are a shareholder in a C corporation. the corporation earns $1.63 per share before taxes. Once it has paid taxes it will distribute the
you are a shareholder in a C corporation. the corporation earns $1.63 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a divided. The corporate tax rate is 40% and your personal tax rate on (both divided and non-divided) income is 30%. How much is left for you after all taxes are paid
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Auditing
Authors: Allan Millichamp, John Taylor
9th Edition
1844809404, 978-1844809400
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