A Distribution from a Corporation to a Shareholder Will Always

question 40

True/False

A distribution from a corporation to a shareholder will always be treated as a dividend for tax purposes.
It could also be a return of capital or gain from sale of the stock.

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Definitions:

Tariff

A governmental policy tool used to control the flow of international trade through taxes on imports and exports.

Saddles Imported

The act of bringing in saddles from foreign countries for sale within the domestic market.

Quantity

The amount or number of a material or immaterial good or service.

Tariff

A tax imposed by a government on imported goods, often used to protect domestic industries and adjust trade balances.