Examlex
A global functional division structure is used primarily by:
Cash Dividends
Distributions of a company's earnings to its shareholders in the form of cash.
Federal Income Tax
A tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.
Double Taxation
The imposition of two or more taxes on the same income, asset, or financial transaction.
Corporate Form
A legal structure for a business recognized as a separate legal entity from its owners, providing limited liability but facing double taxation.
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