Explain the role that earnings and profits play in determining
the tax treatment of distributions. Describe...
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Accounting
Explain the role that earnings and profits play in determiningthe tax treatment of distributions. Describe the tax treatment ofdividends for individual shareholders. Find an example of acorporation (AT&T) that has a dividend program and share theirapproach of (AT&T).
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The earnings and profits play an important role in determining the tax treatment of distributions as it helps us to know whether a distribution represents a taxable dividenda non taxable return of shareholder capital or capital gain to the
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