FUND.OF FINANCIAL MGMT:CONCISE-MINDTAP
FUND.OF FINANCIAL MGMT:CONCISE-MINDTAP
10th Edition
ISBN: 9781337910972
Author: Brigham
Publisher: CENGAGE L
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Chapter 3, Problem 11Q
Summary Introduction

To explain: The double taxation and possibilities of triple taxation of corporate income.

Introduction:

Double Taxation: The double taxation is a result of taxes applicable on corporate and individual levels. A corporation pays tax on its earnings and then distributes the dividends. Now the individual investors need to pay the tax on dividends received on their investment.

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