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Business, 01.08.2019 02:20 ingle75

Plum corporation will begin operations on january 1. earnings for the next five years are projected to be relatively stable at about $80,000 per year. the shareholders of plum are in the 32% tax bracket and dividends are taxable at 15%. assume, if applicable, the qualified business deduction is available. evaluate whether plum should operate as a c corporation or as an s corporation given the following assumptions.

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