«Being a good
corporate citizen means assisting those less fortunate —
as long
as it is done in the
context of the
entities» aims, objectives and employees» desires,» says another executive.
Because dividends are not tax free (
as they are in pass through
entities once tax on
entity level earning has been paid by the owners - which would look politically ugly in a publicly held company
context letting people receive millions in dividends and pay not taxes on it), and there is no deduction for dividends paid to the corporation (in most
contexts), and there is no tax credit for taxes paid at the
corporate level against income tax liability on dividends, the end result is that there is double taxation of
corporate profits both when the profits are earned by the corporation and again when they are distributed to shareholders.
Just
as we can record a deposition in the
context of litigation, Alderson can work with any
corporate or non-profit
entity to provide a transcript (verbatim record) of your event.