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The federal tax rate for what are known as "qualifying dividends" is the same as the long term capital gains tax rate. The rate for all other dividends is the same as the ordinary income rate.
Mutual funds sometimes issue a dividend known as a "capital gains dividend" or a "capital gains distribution." This is a capital gain passed through from the fund and is treated as a long term capital gain to the shareholder.
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A corporation with a marginal tax rate of 34 percent would receive what after-tax dividend yield on a 12 percent coupon rate preferred stock bought at par assuming a 70 percent dividend exclusion?
A corporation with a marginal tax rate of 34 percent would receive what after-tax dividend yield on a 12 percent coupon rate preferred stock bought at par assuming a 70 percent dividend exclusion?
What is the tax treatment of a dividend to the company?
dividend paid by the company is exempt from tax u/s 115O, but dividend distribution tax should be paid by the company as per Income tax Act before dividend.According to the union budget 2007, the rate is 15%. Equity mutual funds (with more than 65% of assets invested in equities) do not pay a dividend distribution tax, though other funds do. Liquid and Money Market funds pay 25% dividend distribution tax.
What is the accounting double entry when a company declare or pay dividend to its holding overseas company with 10 percent local withholding tax rate?
Let's say the dividend payable is $110. When the dividend is declared (eg the decision is made to pay a dividend but the dividend and tax won't be paid until, say, the first day of next month) then the entry is: Debit "Dividends Expense" (Expense Account) $110 Credit "Dividend Payable Parent Company" (Liability Account) $100 Credit "Dividend Tax Withheld" (Liability Account) $ 10 When the dividend and Tax is actually paid (eg it is now the first day of next month) the entry is: Debit "Dividend Payable Parent Company" (Liability Account) $100 Debit "Dividend Tax Withheld" (Liability Account) $ 10 Credit "Bank Account" (Asset Account) $110
Is dividend tax a direct tax in India?
It is difficult to classify it because some times it is direct tax while on other times it becomes indirect tax. If dividend tax is imposed on company itself then it is an example of indirect tax because the company can shift it towards market/ consumers by increasing the prices. Mostly dividend is paid to share holders. If dividend is distributed among share holders then definitely it increases their income, they will have to pay income tax i.e. it is direct tax. Now a days dividends are exempted from tax in order to motivate the companies to increase their production, income
How do you find the tax rate if you have the pre tax and after tax profit?
After Tax Profit = Pretax Profit * (1 - Tax Rate) Solve for Tax Rate Tax Rate = 1 - (After Tax Profit/Pretax Profit)
A corporation with a marginal tax rate of 34 percent would receive what after-tax dividend yield on a 12 percent coupon rate preferred stock bought at par assuming a 70 percent dividend exclusion?
A corporation with a marginal tax rate of 34 percent would receive what after-tax dividend yield on a 12 percent coupon rate preferred stock bought at par assuming a 70 percent dividend exclusion?
Current corporate dividend tax rate in India?
At per the text book its 13.2345%
Is dividend yileds subject to tax?
Yes, at the special dividend rate, which currently is equal to the Cap gains rate (15%) for most people. Much lower (5%) for low earners.
What is the tax treatment of a dividend to the company?
dividend paid by the company is exempt from tax u/s 115O, but dividend distribution tax should be paid by the company as per Income tax Act before dividend.According to the union budget 2007, the rate is 15%. Equity mutual funds (with more than 65% of assets invested in equities) do not pay a dividend distribution tax, though other funds do. Liquid and Money Market funds pay 25% dividend distribution tax.
What is the accounting double entry when a company declare or pay dividend to its holding overseas company with 10 percent local withholding tax rate?
Let's say the dividend payable is $110. When the dividend is declared (eg the decision is made to pay a dividend but the dividend and tax won't be paid until, say, the first day of next month) then the entry is: Debit "Dividends Expense" (Expense Account) $110 Credit "Dividend Payable Parent Company" (Liability Account) $100 Credit "Dividend Tax Withheld" (Liability Account) $ 10 When the dividend and Tax is actually paid (eg it is now the first day of next month) the entry is: Debit "Dividend Payable Parent Company" (Liability Account) $100 Debit "Dividend Tax Withheld" (Liability Account) $ 10 Credit "Bank Account" (Asset Account) $110
What is a dividend of 164?
Dividend of 164 is the maximum tax on the dividend income that will be effected on 31st December.
Is dividend pay on net profit or profit after tax?
Tax is the first priority of payment that's why dividend is paid on income after tax basis which is dividable to shareholders.
What is a dividend rate?
Dividend rate is defined as a % when compared to the face value of a stock. Dividend is nothing but periodic sharing of profit by public limited companies with its share holders. Assuming a stock with a face value of Rs. 10/- declares a dividend of Rs. 5/- per share then dividend rate would be 50%
What is the symbol for Nuveen Tax-Advantaged Dividend Growth Fund in the NYSE?
The symbol for Nuveen Tax-Advantaged Dividend Growth Fund in the NYSE is: JTD.
What is dividend distribution tax?
Dividend distribution tax is the tax levied by the Indian Government on companies according to the dividend paid to a company's investors. As per existing tax provisions, income from dividends is tax free in the hands of the investor. There is a levy of 15% of the dividend declared as distribution tax. This tax is paid out of the profits/reserves of the company declaring the dividend.  The provisions of this Section applies to a domestic company for any assessment year, on an amount declared, distributed or paid by such company by way of dividends (whether interim or otherwise)  The Company is required to pay the Dividend Distribution Tax within 14 days from the date of declaration or distribution or payment of any dividend whichever is earlier.  The said dividend distribution tax is in addition to the income tax chargeable on the total income of the Company and the same shall be payable @15% and the same shall be increased by Surcharge @10%, and such aggregate of tax and surcharge shall be further increased by an Education cess @2% and higher education cess 1% .  The Section applies to dividend payments made either out of current or accumulated profits.  The dividend so paid will be eligible for exemption for the shareholders under Section 10(34).  The Dividend Distribution Tax is payable by a Domestic Company even if no income-tax is payable on its total income.
What is the sale tax rate in India?
The tax system in India is categorized as moderate. The top rate for the individual tax category is 30%, however because of a surcharge, the tax rate comes to 33%. Corporate income tax, comes higher than many other countries, with the highest rates hitting 30% also including the 10% surcharge totaling 33%. Besides these main taxes, there are also other taxes in india such as dividend tax, property tax and taxes on insurance contracts.
What is the symbol for Eaton Vance Tax Advantaged Dividend Income Fund in the NYSE?
The symbol for Eaton Vance Tax Advantaged Dividend Income Fund in the NYSE is: EVT.
