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You are a shareholder in a "S" corporation. This corporation earns $4 per share before taxes. After it has paid taxes, it will distribute the remainder of its earnings to you as a dividend. The dividend is income to you, so you will then pay taxes on these earnings. The corporate tax rate is 21% and your tax rate on dividend income is 15%. The effective tax rate on your share of the corporations' earnings is closest to: WHEELSTE • 15% O 21% О 28% O 33% • 36%

Can you please solve this accounting issue?

You are a shareholder in a corporation. The corporation earns $5 per share before taxes. After it has paid taxes, it will distribute the rest of its earnings to you as dividend. The corporate tax rate is 30% and your personal tax rate on dividend income is 25%. What is the amount of your after-tax earnings on dividend?   a. 0.875   b. 1.25   c. 1.875   d. 2.625   e. 3.50

You are a shareholder in an S corporation. The corporation earns $2.36 per share before taxes. As a pass through​ entity, you will receive $2.36 for each share that you own. Your marginal tax rate is 20%. How much per share is left for you after all taxes are​ paid? The amount that remains is how much per share. ​ (Round to the nearest​ cent.)

You are a shareholder in an S corporation. The corporation earns $2.24 per share before taxes. As a pass through entity, you will receive $2.24 for each share that you own. Your marginal tax rate is 20%. How much per share is left for you after all taxes are paid? Amount that remains is $ per share. (Round to the nearest cent.)

8. The tax system Understanding taxes From a corporation's point of view, does the tax treatment of dividends and interest paid favor the use of debt financing or equity financing? O Equity financing O Debt financing You bought 1,000 shares of Tund Corp. stock for $75.00 per share and sold it for $77.25 per share within the same year. How will your gain or loss be treated when you file your taxes? O As a capital gain taxed at the current ordinary-income tax rate O As a capital gain taxed at the long-term tax rate Depreciation expenses directly affect a company's taxable income. An increase in depreciation expense will lead to a v taxable income. It will v tax deducted from a company's earnings, thus leading to a v operating cash flow, According to a tax law established in 1969, taxpayers must pay the of the Alternative Minimum Tax (AMT) or regular tax. Which of the following cash outflows cannot be deducted from the operating income to derive the taxable income? O Interest paid O…

From a corporation's point of view, does the tax treatment of dividends and interest paid favor the use of debt financing or equity financing? O Debt financing Equity financing You bought 1,000 shares of Tund Corp. stock for $60.59 per share and sold it for $82.35 per share after a few years. How will your gain or loss be treated when you file your taxes? will O As a capital gain taxed at the long-term tax rate O As a capital gain taxed at the current ordinary-income tax rate Depreciation expenses directly affect a company's taxable income. An increase in depreciation expense will lead to a tax deducted from a company's earnings, thus leading to a operating cash flow. According to a tax law established in 1969, taxpayers must pay the The applicable tax rate for S corporations is based on the: Stockholders' individual tax rates O Corporate tax rate taxable income. It of the Alternative Minimum Tax (AMT) or regular tax.

What is the company's tax liability?

A C corporation earns $4 per share before taxes. The corporate tax rate is 21%, the personal tax rate on dividends is 15%. What is the total amount $ of taxes paid (company + individual) if the company pays a $2 dividend?

During the year, CDE Corporation earned enough profits to pay dividends to its shareholders. CDE is a C corporation. What are the tax consequences of this distribution?  (a) The corporation will increase their earnings and profits by the amount distributed.  (b) The corporation will reduce its taxable income by the amount distributed to the shareholders.  (c) The corporation will pay a flat tax of 21% on the amount distributed. The shareholders also include their dividends received in taxable income.  (d) There are no direct tax consequences for either the corporation or the shareholders.

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Assume your new venture, organized as a proprietorship, is in its first year of operation. You expect to have taxable income of $50,000. Use the income tax rate information contained in Figure 3.6 to estimate the amount of income taxes you would have to pay. Requirement: If your venture had been organized as a standard corporation instead of a proprietorship, calculate your income tax liability.

Suppose that Congress sets the top personal tax rate on interest and dividends at 35% and the top rate on realized capital gains at 15%. The corporate tax rate stays at 21%. Assume capital gains are half of equity income. Compute the difference between the total corporate plus personal taxes paid on debt and the total taxes on equity income if all capital gains are realized immediately. Compute the difference between the total corporate plus personal taxes paid on debt and the total taxes on equity income if all capital gains are deferred forever. Note: Do not round intermediate calculations. Round your answers to 4 decimal places.

You bought 1,000 shares of Tund Corp. stock for $68.12 per share and sold it for $90.03 per share after a few years. How will your gain or loss be treated when you file your taxes? O As a capital gain taxed at the long-term tax rate O As a capital gain taxed at the current ordinary-income tax rate As a capital loss deducted from taxable income in the year that the loss is realized As a capital loss taxed at the long-term tax rate Suppose you want to invest $10,000. You have two options: (1) Invest in California municipal bonds with an expected rate of return of 9.00%, or (2) invest in J and K Corp.'s bonds with an expected rate of return of 12.15%. Assume that your decision is based on a tax perspective. If everything else is the same for both bonds, at what tax rate would you be indifferent between these two bonds? 25.93% 23.34% 22.04% O 32.41% According to a tax law established in 1969, taxpayers must pay the The applicable tax rate for S corporations is based on the: Stockholders'…

In corporation receives solve this accounting questions

Suppose pre-tax earnings are $100,000.00 and the corporate tax rate is 42%. How much additional money can a business owner receive by declaring the earnings as personal income which is taxed at a rate of 31%?

Assume that the corporate tax rate is 34% and the personal tax rate is 30%. The founders of a newly formed earnings, so all of its after-tax income will be paid out to its investors, who will have to pay personal taxes or can spend under the corporate and partnership forms of organization? O a. 21.90% O b. 28.56% O c. 23.56% O d. 23.80% O e. 22.61%

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18. Calculate the amount of corporate income tax due and the net income after taxes (in $) for the corporation. (Assume the corporate tax rate is 21%.) Name TaxableIncome TaxLiability Net Incomeafter Taxes Corporation 1 $256,100 $  $

Calculate Anaheim Corporation's excess net passive income tax in each of the following alternative scenarios: a. Passive investment income, $100,000; expenses associated with passive investment income, $40,000; gross receipts, $208,000; taxable income if a C corporation, $22,400; corporate Earnings and profit, $41,000. Excess net passive income tax???   b. Passive investment income, $100,000; expenses associated with passive investment income, $70,000; gross receipts, $208,000; taxable income if a C corporation, $5,600; corporate Earnings and profit, $41,000. Excess net passive income tax???   c. Passive investment income, $100,000; expenses associated with passive investment income, $40,000; gross receipts, $208,000; taxable income if a C corporation, $22,400; corporate Earnings and profit, $0. Excess net passive income tax???

Suppose pre-tax earnings are $100,000.00 and the corporate tax rate is 42%. How much additional money can a business owner receive by declaring the earnings as personal income which is taxed at a rate of 31%? a. $11,000.00 b. $42,000.00 c. $31,000.00 d. $3,200.00

The tax rates are as shown below: Taxable Income Tax Rate $ 0 - 50,000 15 % 50,001 - 75,000 25 % 75,001 - 100,000 34 % 100,001 - 335, 000 39 % Your firm currently has taxable income of $81,600. How much additional tax will you owe if you increase your taxable income by $22, 800 ?

25. Calculate the amount of corporate income tax due and the net income after taxes (in $) for the corporation. (Assume the corporate tax rate is 21%.) Taxable Tax Net Income Name Income Liability after Taxes $ Corporation 3 $13,450,000 $

Xavier Corporation ends the year with net income of $250,000 and long term capital gains of $30,000. How are the long term capital gains treated? What will be the tax owed by the corporation? Write in complete sentences. Show all necessary calculations.

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