The decrease in the corporate tax rate (35% to 21%) and the decrease in the dividend received deduction for ownership classification 1 (<20%) offset each other. In other words, the after-tax divided that a c corp receives from another c corp (in which it holds less than 20%) is the same before and after the tax reform

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Thats correct The Tax Cuts and Jobs Act of 2017 did indeed decrease the corporate tax rate from 35 t... View the full answer