Question
You are a unitholder in a real estate investment trust. The REIT earns $2 per share before taxes. It will distribute all of its earnings
You are a unitholder in a real estate investment trust. The REIT earns $2 per share before taxes. It will distribute all of its earnings to the unitholders. The corporate tax rate is 34%, the personal tax rate on dividend income is 18%, and the personal tax rate on other income is 40%. How much is left for you after all taxes are paid?
The amount that remains is $ per share.
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REITs profits arent taxed at the corporate level Hence distribution to the unith...
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
