The double taxation of dividends under U.S.tax code means:
A) dividends are taxed while not being adjusted for inflation.
B) dividends are paid from after-tax corporate income and then taxed again as personal income.
C) dividends are deducted as an expense at the corporate level, but as a gain at the personal level.
D) both (a) and (b) are correct.
Correct Answer:
Verified
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A)earn more interest
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Q22: According to the Harberger model of the
Q23: Inflation affects corporate income by:
A)understating depreciation and
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Q29: Under the corporate income tax,
A)dividends paid out
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