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Business, 23.11.2019 02:31 carsyn2016

Green corporation has negative current earnings and profits of ($100,000) and positive accumulated earnings and profits of $250,000. a $50,000 distribution from green to its sole shareholder will be treated as a dividend because total earnings and profits is a positive $150,000.

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Green corporation has negative current earnings and profits of ($100,000) and positive accumulated e...
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