Your client, Royal Corporation, generates significant interest income from its working capital liquid investments. Write a memo

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Your client, Royal Corporation, generates significant interest income from its working capital liquid investments. Write a memo for the tax research file, discussing the planning opportunities presented by establishing a passive investment company. Support your memo with a diagram of the resulting flow of assets and income.

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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

ISBN: 1389

41st Edition

Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney

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Question Posted: Sep 09, 2015 07:07 AM

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Your client, Royal Corporation, generates significant interest income from its working capital liquid investments. Write a memo

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TAX FILE MEMORANDUM Date November 2 2015 From Mark A Barnes Subject Multistate tax planning Re Client Royals interest income The creation of a passive investment company is a technique utilized to min...View the full answer

South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

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