What must be reported to the IRS by corporations when nondividend distributions are made to its shareholders?
What will be an ideal response?
The basic purpose of Form 5452, Corporate Report of Nondividend Distributions, is to report the E&P of the distributing corporation so that the IRS can determine whether the distributions are indeed nontaxable to shareholders. The corporation must include its current and accumulated E&P, the amounts paid to shareholders during the year and the percentage of each payment that is taxable and nontaxable, and a detailed computation of the corporation's E&P since incorporation.
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Indicate whether the statement is true or false
Once Starbucks established its presence in thousands of cities internationally, the company sought to increase the number of purchases by existing customers with a ________ strategy that led to new in-store merchandise, including compilation CDs and
high-speed wireless access. A) product-development B) market-penetration C) diversification D) market-development E) conglomerate
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Indicate whether the statement is true or false
Which of the following is an evidence-based guideline for using money as a motivator?
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