1/ Beginning in 2018, one of the major changes regarding the corporate tax rate was its...
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1/ Beginning in 2018, one of the major changes regarding the corporate tax rate was its reduction from 35% to a flat rate of 21%. Explain how this reduction was done to make the U.S. corporate tax rate more competitive with rates imposed by other countries and to encourage economic activity in the U.S. 2/ Explain how large amounts of free cash flow held by managers could be harmful to the shareholders. 1/ Beginning in 2018, one of the major changes regarding the corporate tax rate was its reduction from 35% to a flat rate of 21%. Explain how this reduction was done to make the U.S. corporate tax rate more competitive with rates imposed by other countries and to encourage economic activity in the U.S. 2/ Explain how large amounts of free cash flow held by managers could be harmful to the shareholders.
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Answer rating: 100% (QA)
Answer 1 The reduction of the corporate tax rate was done to make the US corporate tax rate more competitive with rates imposed by other countries such as the UK and Canada and to encourage economic a... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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