Examlex
Summarize the following values that underlie social work practice: respect for the dignity and uniqueness of the individual, clients' right to self-determination, confidentiality, advocacy and social action for the oppressed, accountability, and the institutional orientation.
Nonliquidating Distribution
A nonliquidating distribution refers to distributions made by a corporation to its shareholders that are not in complete termination of the shareholder’s interest in the corporation.
Shareholders
Shareholders are individuals or entities that own one or more shares of stock in a corporation, making them partial owners of that corporation.
Corporation
A legal entity that is separate and distinct from its owners, providing limited liability and the ability to raise capital.
AMT Income
AMT Income refers to the income calculation used to determine the Alternative Minimum Tax, designed to prevent high-income taxpayers from excessively reducing their tax liability through credits and deductions.
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