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Sati [7]
2 years ago
15

what is the amount of the overall tax (corporate level + shareholder level) on the $590.000 of pre-interest expense earnings if

hazel, Nutt's sole shareholder lends Nutt corporation $61.500 at the beginning of the year, Nutt pays Hazel $7200 of interest on the loan ( interest is considered to be reasonable), and Nutt distributes all of its after-tax earnings to hazel (ignore the net investment income tax)? assume hazel's ordinary marginal tax rate 35 percent and her dividend tax rate is 15 percent
Business
2 answers:
Vitek1552 [10]2 years ago
7 0
If my math is correct 54,000
andre [41]2 years ago
6 0
$54,000 is a reasonalble amount
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8 0
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Which of the following is a characteristic of utility?
klasskru [66]

Answer:

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Nikolay [14]

Answer:

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Explanation:

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4 0
2 years ago
The following information was available for Kingbird, Inc. at December 31, 2017: beginning inventory $70000; ending inventory $1
photoshop1234 [79]

Answer:

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