Distributions from a corporation to its shareholders are considered dividend income to the extent the corporation has current and accumulated earnings and profits. Any additional amounts are a return of capital and any excess beyond capital are considered capital gain. 统计:共计2人答过,平均正确率50...
The article provides information on the excess accumulated earnings tax provision of Industrial Reorganization Corporation section 535 adopted by the U.S. Congress, cited in the case of Metro Leasing and Development Corp. As the difference between ordinary income tax rates and capital gains tax rates...
shareholders' meeting held on June 11, 2010, the annual net income after paying income tax and offsetting prior years'accumulated deficit(ifany) will be distributed in accordance with the regulations for special reserve, and the remaining distribution of earnings should be based on the following ...
obligations are so large that they imply losses in all future years and a negative present value of the company’s future earnings, the company is technically bankrupt. Shareholders have no residual value. Pensioners are then paid by a government insurance fund (the Pension Benefit Guarantee Corp...