Corporation estimated tax requirements

    • [DOC File]Solutions to Chapter 9 Problems

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      16. Corporate Tax. A corporation’s taxable income is $1,500,000. If it distributes its after-tax income to its shareholders whose dividend tax rate is 15 percent, what are the total tax and the combined effective tax rate on corporate income? Solution: $658,500 total tax and 43.9% effective rate. $1,500,000 x 34% = $510,000 corporate income ...

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    • [DOC File]Starting A New Business - Arkansas

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      To avoid an underestimate penalty, a corporation required to make quarterly payments must remit an estimated amount equal to or greater than ninety percent (90%) of the actual tax liability for the current tax year, or one hundred percent (100%) of the corporation’s prior tax year’s tax liability.

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    • SHRM® Guide to Chapter

      The chapter makes estimated tax payments (Form 8109) if required. The chapter files electronic filing registration (Form 9779) if required. The chapter has knowledge of, or access to filing requirements, filing extension requirements and deadlines. Tax filings are accurate and on time. Copies are maintained of all tax and information returns.

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    • 12C-1

      (a) There are no special estimated tax requirements for large corporations. (b) A taxpayer may use the prior year exception, even if the corporation had a net operating loss the prior year, only when the prior year was a full 12-month tax year.

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    • [DOCX File]Continued - Welcome - Department of Revenue

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      This provision aligns Kentucky’s individual income, corporation income, limited liability entity, and non-resident withholding estimated tax filing rules with those of the IRS. Now, taxpayers will have only one set of rules for both federal and state estimated income tax …

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    • [DOC File]AICPA Comment Letter - Proposed Regulations Under Section ...

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      For tax years beginning before January 1, 1988, section 6655(d)(2) permitted a corporation to determine its required annual payment as the “tax computed at the rates applicable to the taxable year but otherwise on the basis of the facts shown on the return of the corporation for, and law applicable to, the preceding taxable year.”

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    • [DOC File][4830-01-p]

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      See §1.1446-3(f). Section 6425 (permitting an adjustment for an overpayment of estimated tax by a corporation) shall not apply to a partnership with respect to the payment of its 1446 tax. (2) Calculation--(i) General application of the principles of section 6655.

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    • 12C-1

      In the case of a corporation that is required to file a declaration of estimated tax for a short taxable year, the corporation shall file the declaration of estimated tax and make payments of estimated tax in accordance with the time periods prescribed in subsections (5) and (6) of this rule.

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