Double taxation of corporate earnings means
A) for individuals who get dividends on personal income, tax rates are twice as high as for wage earners.
B) stockholders pay personal income taxes and corporation taxes on profits.
C) stockholders do not get the plowback but still pay taxes on it.
D) the corporation tax raises stock prices so individuals also pay a capital gains tax in addition to a tax on dividends.
Correct Answer:
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Q89: Bonds differ from stocks in all of
Q90: The sole owner of an unincorporated business
Q91: A stockholder who owns 1,000 shares of
Q92: Double taxation of corporate earnings
A)tends to restrict
Q93: The major advantage of the corporation is
A)limited
Q95: A corporation is legally owned by its
A)chief
Q96: The reason that some corporations grow so
Q97: For legal purposes, a corporation is treated
Q98: Double taxation of corporate earnings
A)is an advantage
Q99: Double taxation of corporate profits
A)imposes losses on
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