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Other Fields Homework Help Accounting Topic started by: Augustus1 on Jan 10, 2017



Title: A corporation is classified as a personal holding company. Its taxable income is $300,000 and its ...
Post by: Augustus1 on Jan 10, 2017
A corporation is classified as a personal holding company. Its taxable income is $300,000 and its regular federal income tax liability is $100,250. The company claims a $40,000 dividends-received deduction and pays $30,000 dividends to its shareholders. The personal holding company tax is
A) $25,463.
B) $29,963.
C) $31,463.
D) $35,963.


Title: Re: A corporation is classified as a personal holding company. Its taxable income is $300,000 and ...
Post by: Yoko900 on Jan 10, 2017
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Title: Re: A corporation is classified as a personal holding company. Its taxable income is $300,000 and its ...
Post by: Augustus1 on Mar 19, 2017
I needed this so bad, I'm laughing right now from happiness