Dividends

Question 1

Issue is with dividends

Answer 1

Corporate profits are taxed twice

Question 2

where are corporate profits taxed twice

Answer 2

1. Once as business income

2. second on dividends

Question 3

partnerships and LLC’s are taxed

Answer 3

just once

Question 4

For dividends preferential rates only apply to

Answer 4

qualified dividends

Question 5

what are qualified dividends

Answer 5

domestic corps

Question 6

foreign dividends

Answer 6

some are qualified, some arent qualified.