Passive Investment Income Tax | S Corporation Taxes | CPA Exam REG
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 14/01/2020

IN tis session, I will discuss passive investment income tax.
Tax Imposed When Passive Investment Income Of Corporation Having Accumulated Earnings And Profits Exceeds 25 Percent Of Gross Receipts. gross receipts more than 25 percent of which are passive investment income, then there is hereby imposed a tax on the income of such corporation for such taxable year.

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