Explain briefly the tax treatment of (1) interest and dividends paid, (2) interest earned and dividends received,
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For a business interest paid is considered an expense and is paid out of pretax income Therefore int...View the full answer
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Ali Khawaja
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Related Book For 
Fundamentals of Financial Management
ISBN: 978-0324664553
Concise 6th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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