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Business, 02.12.2019 22:31 tshaw04614

Eagle corporation, a calendar year c corporation, owns stock in hawk corporation and has taxable income of $100,000 for the year before considering the dividends received deduction.
in the current year, hawk corporation pays eagle a dividend of $130,000, which was considered in calculating the $100,000.

what amount of dividends received deduction may eagle claim if it owns 15% of hawk’s stock?

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