Mr. Sohn is a savvy investor who mostly purchases stocks that pay a large dividend....
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Accounting
Mr Sohn is a savvy investor who mostly purchases stocks that pay a large dividend. Mr Sohn always elects to reinvest the dividends in more shares of stock because he knows there will be no commission charged to him on the purchase of these extra shares. Regardless, Mr Sohn still has to report these dividends as part of his gross income even though he received shares of stock instead. This demonstrates which of the following legal principles: Question options: Constructive receipt doctrine Economic benefit doctrine Fruit of the tree doctrine Actually, he does not have to report these dividends as taxable since he actually received shares of stock instead.
Mr Sohn is a savvy investor who mostly purchases stocks that pay a large dividend. Mr Sohn always elects to reinvest the dividends in more shares of stock because he knows there will be no commission charged to him on the purchase of these extra shares. Regardless, Mr Sohn still has to report these dividends as part of his gross income even though he received shares of stock instead.
This demonstrates which of the following legal principles:
Question options:
Constructive receipt doctrine
Economic benefit doctrine
Fruit of the tree doctrine
Actually, he does not have to report these dividends as taxable since he actually received shares of stock instead.
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