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* The company may not be taxed, and instead the shareholders are taxed on the profits of the business, not on distributions. This method is adopted by the United States, but only for companies owned by a small number of shareholders, so-called S corporations.
* Under an imputation tax system, some or all of the tax paid by the company may be attributed pro rata to the shareholders by way of a tax credit to reduce the income tax payable on a distribution...
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* The company may not be taxed, and instead the shareholders are taxed on the profits of the business, not on distributions. This method is adopted by the United States, but only for companies owned by a small number of shareholders, so-called S corporations.
* Under an imputation tax system, some or all of the tax paid by the company may be attributed pro rata to the shareholders by way of a tax credit to reduce the income tax payable on a distribution...
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A company is the property of shareholders, is an exploded myth
A company is the property of the shareholders is an exploded myth
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