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Unformatted text preview: taxes of the dividends (Willis, Hoffman, Maloney, & Raabe, 2010). The deduction rate depends upon the “percentage of Ownership by Corporate Shareholder” (Willis, Hoffman, Maloney, & Raabe, 2010). The related tax consequences and or benefits depend on several factors. “The tax rate for these dividends is 15 percent for most, a large reduction from the otherwise highest 35 percent rate” (Friedman, 2009). The alternative minimum tax rate will result in the rate of regular taxes. Reference: Friedman, L. D. (2009). Smart Business Network Inc. Retrieved 07 12, 2011, from Tax consequences of your investments: http://www.barneswendling.com/pdf/barnes %20wendling%2012_09%20reprint.pdf Willis, E., Hoffman, J. W., Maloney, D. M., & Raabe, W. A. (2010). South- Western Federal Taxation Comprehesive Volume . Mason, OH: South-Western Cengage Learning....
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- Spring '11
- Dividends, Taxation in the United States, Raabe, Maloney