PVC Inc. has a $15,000 loss from business operations this tax year, but the company did receive

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PVC Inc. has a $15,000 loss from business operations this tax year, but the company did receive $90,000 in dividends from the 18%-owned BQE Inc., which is a domestic corporation. What is the total of the dividends received deduction (DRD) for PVC Inc.?

a) $58,500 b) $37,500 c) $45,000 d) $48,750

Posted Date: May 18, 2024 09:15 AM

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PVC Inc. has a $15,000 loss from business operations this tax year, but the company did receive

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