Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is a penalty tax that may b

Which of the following is a penalty tax that may be levied on a corporation,...

80.2K

Verified Solution

Question

Accounting

Which of the following is a penalty tax that may be levied on a corporation, particularly a closely held corporation, that does not pay dividends and does not establish a reasonable need to avoid dividend payouts?

Question options:

a. Accumulated Earnings Tax

b. Environmental Tax

c. Built-in Gains Tax

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Select the statement that is FALSE O The interquartile range is always equal to or...

Statistics
Q

What would happen if an Angus steer (the steer is acclimated to living in Northern Colorado)...

Biology
Q

Dr. Franklin designed a treatment for panic attacks and tried it with all of her clients...

Psychology
Q

Equation of a travelling wave on a stretched string of linear density 5 g m...

Physics
Q

Solve for x Round to the nearest tenth if necessary H 5 4 16 x...

Geometry
Q

Solve the equation over the interval [0,2?), then support your solutions graphically.2 cos 2x +...

Basic Math
Q

Problem 2 Evaluate the following integrals Jos a 3 c b 2 0 In x...

Calculus
Q

cos uv u e x y V X 12

Calculus
Q

Requirement 1 . What is the opportunity cost of interest forgone from purchasing...

Accounting
Q

Durante el ao en curso, Comma Co. tena en circulacin: 25,000 acciones comunes, 8,000 acciones...

Accounting
Q

In the month of June, Jose Hebert's Beauty Salon gave 4,000 haircuts, shampoos, and permanets...

Accounting
Q

The veld on a one year Trawy security is 51.500, and the two your reasury...

Finance