You own 100 shares of a C corporation. The corporation earns $5.00 per share before taxes. Once
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You own 100 shares of a C corporation. The corporation earns $5.00 per share before taxes. Once the corporation has paid any corporate taxes that are due it will distribute the rest of its earnings to its shareholders in the form of a dividend If the corporate tax rate is 40% and your personal tax rate on (both dividend and non-dividend) income is 30%, then how much money is left for you after all taxes have been paid?
$10
$210
$300
$350
$500
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