Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
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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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Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

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Dividend explained; Author: The Finance Storyteller;https://www.youtube.com/watch?v=Wy7R-Gqfb6c;License: Standard Youtube License