Business

12 July, 12:15

A distribution from a corporation to a shareholder will only be treated as a dividend for tax purposes if the distribution is paid out of current or accumulated earnings and profits.

a. True

b. False

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “A distribution from a corporation to a shareholder will only be treated as a dividend for tax purposes if the distribution is paid out of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Lee Company has a current ratio of 2.65. The acid test ratio is 2.01. The current liabilities of Lee are $45,000. The dollar amount of merchandise inventory is: (Assume no prepaid expenses) $28,008 $28,800 $90,450 $90,540 None of these

Conversion costs are a. direct materials and factory overhead b. direct materials and indirect labor c. direct materials and direct labor d. factory overhead and direct labor

In 2015 Huge-Packing repurchased shares of common stock worth $5,241 million and made dividend payments of $894 million. Other financing activities raised $196 million, and Huge-Packing's total cash flow from financing was - $6,077 million.

The market for plywood is characterized by the following demand and supply equations: QD = 800 - 10P and QS = 50P - 1,000, where P is the price per sheet of plywood and Q measures the quantity of plywood.

Compare and contrast weak sustainability and strong sustainability. discuss how a policymaker might decide which sustainability concept to use

New Questions in Business

Headings in reports that describe the content of the section and may even give a conclusion about the section are called:

Coronado Company purchased land for $80,000. The company also paid $12,000 in accrued taxes on the property, incurred $5,000 to remove an old building, and received $2,000 from the salvage of the old building.

Trueview video ads can be especially effective for driving what goals?

There are three factors that can affect the shape of the Treasury yield curve (r*t, IP_t, and MRP_t) and five factors that can affect the shape of the corporate yield curve (r*t, IP_t, MRPt, DRP_t, and LP_t).

Alyson is an employee at Who'd of Thunk It Games, a company that was just purchased by a competitor. The goals set forth by the new management team are extremely ambitious and are placing seemingly insurmountable goals for the employees.