Crane and loon corporations, two unrelated c corporations, have the following transactions for the current year: click here to access the dividends received deduction table. compute the dividends received deduction for crane corporation. $ compute the dividends received deduction for loon corporation. $
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Ответ:
Complete Question:
Crane and Loon Corporations, two unrelated calendar year C corporations, have the following transactions for the current year.
Crane,Loon
Gross Income: 180k, 300k
Expenses from operations: 100k, 230k
Div received: 100k, 230k
Compute the DRD for both companies
Solution:
DRD is a federal tax deduction for certain companies earning distributions from related entities in the United States. The amount of the dividend to be withheld from income tax by a corporation is related to how much it is owned in the business with the dividend.
Crane: 180k-255k+100k =25k-(100k*.5) = -25k so take 50k
Loon: 300k-310k+230k =220k-115.5k = 104.5+so good.
220.5k= 110k or 115k
Take lesser 110k
Crane DRD = 50k
Loon DRD = 110k
Ответ:
tell them about your hobbies, tell them things you like, let them talk about there life, what are some things you both like, and what you guys like to do
Explanation: