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Business, 04.07.2020 17:01 thruhdyjgrt

Marmot Corporation pays a dividend of $100,000 in the current year. Otter Corporation, owns 15% of Marmot's stock. Gerald, an individual taxpayer in the 24% marginal bracket, also owns 15% of Marmot's stock. Compare and contrast the treatment of the dividend by Otter Corporation and Gerald.

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Marmot Corporation pays a dividend of $100,000 in the current year. Otter Corporation, owns 15% of M...
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