zozo88
26.06.2020 •
Mathematics
You are a shareholder in a C corporation. The corporation earns $ 1.55 per share before taxes. Once it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 21 %, and your personal tax rate on (both dividend and non-dividend) income is 20 %. How much is left for you after all taxes are paid?
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