SOLUTION: You are a share holder in a S corporation. The corporation earns $3 per share before taxes. It will distribute its earnings to you as a dividend. The corporate tax rate is 35%, and
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-> SOLUTION: You are a share holder in a S corporation. The corporation earns $3 per share before taxes. It will distribute its earnings to you as a dividend. The corporate tax rate is 35%, and
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Question 467227: You are a share holder in a S corporation. The corporation earns $3 per share before taxes. It will distribute its earnings to you as a dividend. The corporate tax rate is 35%, and the personal tax rate on (both dividend and non- dividend) income is 20%. How much is left for you after all taxes are paid?
Amount that remains is______________$ per share. (Round to the nearest cent). Answer by Big Poop(157) (Show Source):
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