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,...

50.1K

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

Electrical Engineering
1.2K views

sketch, label & discuss the lattice structure showing the bonding & sketch band diagram. Show the...

General Management
1.2K views

A small firm makes three products, which all follow the same three-step process, which consists of...

Geometry
1.2K views

21 tangents of the acute angles in the rig 7 9 C 4 2 A

Basic Math
1.2K views

agrees to pay a student 6 for every problem in this chapter that the student...

Basic Math
1.2K views

George believes the Art Club students at his school have an unfair advantage in being...

Calculus
1.2K views

Consider the surface defined by the collection of points x y z R such that...

Calculus
1.2K views

4 The graph of y f x is shown Order the following from least to...

Algebra
1.2K views

Change the exponential statement to an equivalent statement involving a logarithm ex 17

Accounting
1.2K views

1. A change in which of the following would have no impact on a products...

Accounting
1.2K views

The following information is available for the pension plan of Sheridan Company for...

Accounting
1.2K views

6A) What are the main advantages and disadvantages of a small private business becoming a...

Accounting
1.2K views

Coolbrook Company has the following information available for the past year: ...