Tax on Corporate Dividends

In a corporate world, dividends is not a new topic. As a matter of fact, it is one of the major consideration for an investor to purchase shares of stock of a company. It represents the share in the net earnings distribution of a stockholders who own shares of stocks of a company. It could be in the form of cash, property, company's own shares or stock dividends and liquidating dividends upon liquidation and dissolution. It is basically sourced from the unrestricted or free retained earnings of the company made available through an action of the Board of Directors.Taxability of cash and/or property dividends would normally depend on the classification...

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