Double Taxation referring to Corporations
Not what you're looking for?
What is the concept of double taxation when referring to corporations?
Purchase this Solution
Solution Summary
The response addresses the queries posted in 297 Words, APA References
Solution Preview
The response addresses the queries posted in 297 Words, APA References
Double Taxation referring to Corporations
Double Taxation: Double taxation is the enforcement of two or more taxes on the same income. It is a scheme of taxation under the Internal Revenue Code which is subjected to income gained by a corporation to an income tax at the industry level and a second tax at the stockholder level if the antecedently taxed income is disseminated to the shareholders as dividends (Baker & Powell, 2005).
Double Taxation referring to ...
Education
- MBA (IP), International Center for Internationa Business
- BBA, University of Rajasthan
Recent Feedback
- "Thank You so much! "
- "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
- "great job. I will need another help from you. "
- "first class!"
- "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution
Free BrainMass Quizzes
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)