Explain why financial managers must be concerned with taxation, and list some of the most important elements

Question:

Explain why financial managers must be concerned with taxation, and list some of the most important elements of the current tax laws, such as the differences between the treatment of dividends and interest paid and interest and income received.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...