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Do corporations pay taxes on dividends paid 2024?

Ethan Patel | 2023-05-08 00:39:34 | page views：1292
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Zoe Clark

Studied at the University of Melbourne, Lives in Melbourne, Australia.
If a corporation distributes dividends to the owners, they must report and pay personal income tax on these amounts. And because dividends, unlike salaries and bonuses, are not tax-deductible, the corporation must also pay taxes on them.
2023-05-15 00:39:34
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Scarlett White

QuesHub.com delivers expert answers and knowledge to you.
If a corporation distributes dividends to the owners, they must report and pay personal income tax on these amounts. And because dividends, unlike salaries and bonuses, are not tax-deductible, the corporation must also pay taxes on them.
How Corporations Are Taxed | Nolo.com
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