WI Corporation is located in a jurisdiction that has a 35% corporate tax rate on pretax income and a 25% on dividends. W

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answerhappygod
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WI Corporation is located in a jurisdiction that has a 35% corporate tax rate on pretax income and a 25% on dividends. W

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WI Corporation is located in a jurisdiction that has a 35%corporate tax rate on pretax income and a 25% on dividends. WLdistributes all of its after-tax income to shareholders. What isthe effective tax rate on WL pretax income distributed individends?
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