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2 years ago

If c corporations retain their after-tax earnings, when will their individual shareholders be taxed on the retained earnings?

1 answer:

4 0

When will shareholders of C businesses that retain their post-tax profits be subject to individual income tax on those retained profits. When shareholders sell their shares for a profit, they must pay taxes.

C corporations will pay tax at a corporate rate of 21% as of the 2020 tax year (down from 35 percent in 2017). Then, dividends are taxed at the owner's personal marginal tax rate, which is up to 37%. (depending on the tax bracket).

Distributions of money or other assets to shareholders will lower the corporation's earnings and profits (E&P), but they won't affect its taxable income. Taxes are paid by the corporation on its taxable income and by the shareholders on any dividends they receive.

To learn more on Retained Earning

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When a pizza maker lists the price of a pizza as $10, this is an example of using money as a:

RideAnS [48]

When a pizza maker lists the price of a pizza as $10, this is an example of using money as a unit of account

<h3>What is a unit of account?</h3>

A unit of account is a standard numerical unit of money used for measuring goods and services.

According to the question, the price of the pizza is a unit of account because it was used to measure the price of the goods.

Learn more on unit of account here; brainly.com/question/12730352

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2 years ago

You record the credit entry for transaction (A) 5/1 in the journal as Date Description Debit Credit

-BARSIC- [3]

I think the answer is B. hope i helped

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3 years ago

Read 2 more answers

What type of conflict management style does Doug have?

stiv31 [10]

Answer:

competing

Explanation:

because his cooperativeness is low and his assertiveness is high.

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3 years ago

Cragmont has beginning equity of $277,000, net income of $63,000, withdrawals of $25,000 and no additional investments by owners

MatroZZZ [7]

The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000

3 0

3 years ago

Universal Containers would like to remove data silos and connect their legacy CRM together with their ERP and with Salesforce. M

iragen [17]

From the options the two techniques that should be used for smooth interoperability now and in the future are

a. Specify the legacy CRM as the system of record during transition until it is removed from operation and fully replaced by Salesforce.

b. Work with stakeholders to establish a Master Data Management plan for the system of record for specific objects, records, and fields.

Explanation:

Join the legacy CRM and Deal for interested parties are two techniques.

Indicate the conventional CRM as the record system throughout the transition up to Sales force’s removal and replacement.

Creates a comprehensive data management strategy for tracking processes for certain objects, databases, and areas, for stakeholders

What's a legacy process when it comes to CRM?

An old system mostly based on a customer-server in-house design. The application functions on a SQL Server or Oracle interface. There are one or more different application servers for Windows 2000 or 2003.

MDM (Master Data Management) is used in the sector as a tool for identifying and handling an organization's important data to provide, by data management, a single event of reference. The mastered data can include lookup tables — the collection of allowable values and quantitative data supporting decision-making.

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3 years ago