The correct answer is the first option. By protecting the privacy of personal information collected on its website a company like apple would be behaving in a socially responsible way towards its customers. Technology companies like apple have a responsibility to protect the personal information of its customers, if this wasn't the case then people would not buy their products as they would not have any faith in the company.
Answer:
The long term capital gain= $30000-$25000
The long term capital gain= $5000
The basis in stock will be zero after the distribution.
Explanation:
Step 1 of 3
Tax treatment of amount distributed to shareholders:
The amount received as distribution to a shareholder under S Corporation is equal to the cash and fair market value of property distributed. The distribution is considered as tax-free to the limit that it does not exceed shareholder’s basis in the company’s stock. Any amount received in excess of basis will be treated as capital gain.
Step 2 of 3
However, taxation depends whether S Corporation has ever been a C Company or it posses’ accumulated earnings and profits. If it was never a C Corporation or doesn’t holds AEP then distribution equals to basis of share in S Corporation is a tax free gain for shareholder. Gain over and above basis is taxed as capital gains.
Step 3 of 3
In the given problem, C is a shareholder in S Corporation. He receives $30,000 as cash distribution. His basis in stock is $25,000. The distribution up to basis of stock is tax free distribution and above that is charged to capital gains. It is as follows-
Thus, capital gain of is taxable in hands of C. His basis in S Corporation will reduced to zero as entire distribution is over and above basis of his stock.
Answer:
A) kiosk marketing
Explanation:
kiosk marketing -
The marketing strategy , which a kiosk is used , is known as kiosk marketing .
A kiosk , is a temporary booth operated by one or two people, which is used to attract people, specifically placed in a crowded place, for marketing purpose .
Kiosks are placed in places like , malls , busy street etc .
Hence , the company , Green gardens set up kiosks in order to attract people and increase their customers and thereby increasing their profit .
