Define the term consent dividend How can a consent dividend be used to avoid the PHC and accumulated earnings taxes In each case, what requirements must be met by the distributing corporation and or its shareholders to qualify a consent dividend for the dividends paid deduction What are the tax consequences of a consent dividend to the shareholders and the distributing corporation

Question: Define the term consent dividend. How can a consent dividend be used to avoid the PHC and accumulated earnings taxes? In each case, what requirements

Define the term consent How can a consent be used to avoid the PHC and accumulated earnings taxes? In each case, what requirements must be met by the distributing and/or its shareholders to qualify a consent for the dividends-paid deduction? What are the tax consequences of a consent to the shareholders and the distributing

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