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Zolol [24]
3 years ago
6

For purposes of determining current​ E&P, which of the following items cannot be deducted in the year​ incurred? A. dividend

sminus−received deduction B. charitable contribution in excess of the​ 10% limitation C. life insurance premiums​ (in excess of the increase in cash surrender value for the​ policy) paid on the lives of key employees D. capital losses in excess of capital gains
Business
1 answer:
Bogdan [553]3 years ago
7 0

Answer:

A. dividendsminus−received deduction.

Explanation:

This allows companies to avoid mostly third taxes on the same earnings.

It is explained to be a federal tax deduction in the U.S. that is given to certain corporations that get dividends from related entities. The amount of the dividend that a company can deduct from its income tax is tied to how much ownership the company has in the dividend-paying company. However, there are criteria that must be met in order to qualify for a DRD.

The dividends received deduction allows a company that receives a dividend from another company to deduct that dividend from its income and reduce its income tax accordingly.

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What are the types of office etiquette?
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3 years ago
A typical source document could be Question 8 options: A) a computer data entry screen. B) the company's financial statements. C
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Both A and B  

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7 0
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The demand curve suggests that an auto manufacturer will sell 20,000 Mercedes-Benz M-Class vehicles when they are priced at $50,
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c. -3.07

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since the price elasticity is higher than |1|, then it is price elastic, which means that a 1% change in price will change the quantity demand in a higher proportion.

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