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When Dayton Hudson Was the Target of a Hostile Takeover

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When Dayton Hudson was the target of a hostile takeover it was able to use its position of influence in the state of Minnesota to pressure the state legislature to change the laws preventing breakup of any company immediately after purchase.Dayton Hudson responded to the crisis using


Definitions:

W-4 Form

A tax form used by employees to indicate their tax situation to their employer, determining the amount of taxes to be withheld from their paycheck.

Federal Income Tax

An annual charge imposed by the US federal government on the income of individuals, businesses, trusts, and various legal organizations.

Wage Base Limits

The maximum amount of earnings on which an employee must pay certain taxes, such as Social Security.

FICA-OASDI

The Old Age, Survivors, and Disability Insurance part of the Federal Insurance Contributions Act tax, funding Social Security benefits.

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