A person who receives stock in return for services generally has compensation equal to the fair market value of the stock received. True or False
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- Which of the following is taxable compensation? A. Commissions B. Honoraria C. Gains on exercise of stock options D. All of the above E. None of the aboveWhat are the advantages and disadvantages of equity-based compensation contracts.Which of the following can be used to offset a passive loss? a.Dividend income from stock held as an investment b.Active income such as wages c.Pension income d.Passive income such as income from a limited partnership
- Explain how an investor in an equity REIT may receive a current dividend, part of which may be tax-deferred.Which of the following statements is correct? Earnings and profits are exactly the same as retained earnings. Distributions paid in excess of earnings and profits are taxable to the extent of stockholder basis. Distributions of appreciated property create a gain to the stockholder recipient. A distribution from earnings and profits is a dividendWhich of the following statements is correct? Multiple Choice Earnings and profits are exactly the same as retained earnings. Distributions of appreciated property create a gain to the stockholder recipient. A distribution from earnings and profits is a dividend. Distributions paid in excess of earnings and profits are taxable to the extent of stockholder basis.
- A corporation that transfers restricted stock to an employee as compensation may deduct the stock's fair market value in the year of transfer even if the employee doesn't recognize the value as gross income in the year of transfer. T/F also explain the reason, thanks.What factors should be considered in determining the issue price of a debenture. and Provide some examples of items that would be adjusted directly against equity, rather than beingincluded as part of profit or loss.Can the members of a non-stock corporation receive compensation?
- . The measurement of defined benefit cost is usually made by a trustee. True or false?Ordinary gains includes capital gains such as those from the performance of services whehter personal or professional and those accruing from business.True or FalseDescribe the difference between a right of first refusal, an option agreement and a buy-sell agreement. Which type of transfer restriction can guarantee a buyer for a shareholder's investment in the event of death, retirement or disability?
