Webster Holding Ltd is a company which owns a number of fashion brands. If Webster Holding makes a taxable profit of $1 000 000 in the 2016 financial year and chooses to pay 100% of its profit after tax as a dividend, how much is included in the shareholders' taxable income? Assume the company tax rate is 30%.
A)$300 000
B)$700 000
C)$1 000 000
D)$0

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The Answer of Webster Holding Ltd is a company which owns a number of fashion brands. If Webster Holding makes a taxable profit of $1 000 000 in the 2016 financial year and chooses to pay 100% of its profit after tax as a dividend, how much is included in the shareholders' taxable income? Assume the company tax rate is 30%.
A)$300 000
B)$700 000
C)$1 000 000
D)$0

Webster Holding Ltd Is a Company Which Owns a Number