Question
You are a shareholder in a C corporation. The corporation earns $ 1.86 per share before taxes. Once it has paid taxes, it will distribute
You are a shareholder in a C corporation. The corporation earns
$ 1.86
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
35 %
and your personal tax rate on (both dividend and non-dividend) income is
25%
How much is left for you after all taxes are paid?
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The New Public Finance
Authors: Inge Kaul, Pedro Condeicao
1st Edition
0195179978, 978-0195179972
