Once invested IN a corporation, shareholders want their money out - they want a return on investment!
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Question:
Once invested IN a corporation, shareholders want their money out they want a return on investment! Mary owns of TAXCORP INC, which paid out a $ distribution to her on All other shareholders got distributions, which totaled up to $ So a total of $ was distributed on that date! The company was started years ago lost money every year! Mary was an original shareholder. She had invested $ for her stock. TAXCORP INC had a $ accumulated DEFICIT at BUT GOOD TIMES came in and the company had "current earnings and profits" of $ for Mary asks How much of this $ distribution will be treated as a dividend?
because combining the Accumulated Deficit of $ as of with the Current E&P of $ results in a Net Accumulated Deficit of $ before the distribution of the $ was made on
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