30. lark enterprises inc. is a personal holding company. from the information below, compute its maximum dividends-paid deduction. a. land with a basis of $10,000 and a value of $50,000 was distributed during the taxable year ending december 31 to its two 50 percent shareholders as equal tenants in common. b. two months later, cash of $5,000 was distributed to one shareholder and three months later property worth $5,000 to the other. c. on february 10 of the following year, $3,000 was distributed to each shareholder and an election was made to treat the dividends as paid the previous year. d. a timely election was made to treat $5,000 each as consent dividends
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Business, 22.06.2019 05:50
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
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Business, 22.06.2019 11:20
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Business, 22.06.2019 16:30
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30. lark enterprises inc. is a personal holding company. from the information below, compute its max...
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