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To: OLDTRADER who wrote (170632)8/16/2002 11:00:14 AM
From: TigerPaw  Read Replies (2) | Respond to of 176388
 
Yes -double-dividends are like ordinary income-the earned type-corporations pay

I have trouble making my question clear. I understand that dividends are taxable to an individual like ordinary income.

What I don't understand is how they affect the corporate tax. Are they completely ignored by the corporate tax laws?

TP