Mr. Allen, whose marginal tax rate is 37%, owns an office building that generates $100,000 annual taxable income. He plans to create a family partnership by giving each of his three children a 15% interest in the building. Mr. Allen will retain a 55% interest. Mr. Allen will manage the building, and receive a guaranteed payment of $20,000. If Mr. Allen's children are in the 12% tax bracket, compute the annual tax savings from this income-shifting arrangement.
A. $0
B. $11,250
C. $9,000
D. $5,000
Answer: C
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Experienced project managers recognize the need to build ________ before they need them.
Fill in the blank(s) with the appropriate word(s).
To get high schoolers excited about a new kind of sugar-free Red Bull, the company handed out free cans in the parking lot of high school football games. What kind of promotion was Red Bull doing?
A. contest B. polybagging C. sweepstake D. sampling E. free premium
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A. 15%. B. 115%. C. 13%. D. 100%. E. 87%.
Which of the following statements is true of the total product approach?
A. In marketing, there is no difference between the total product and the augmented or core products. B. The augmented product is the basic description of what your company does. C. Customers describe your good or service in only one way. D. Using the total product approach can help you get inside your customers' heads.