Retained earnings for investment
Can anyone explain the concept of retained earnings in a corporation and use that money for investment purposes.
I understand the investments (passive) within a corporation is taxable at a high rate.
Second, if a corporation invests in another corporation (non core business), how is that represented on the balance sheet? What are the tax implications?
I understand the investments (passive) within a corporation is taxable at a high rate.
Second, if a corporation invests in another corporation (non core business), how is that represented on the balance sheet? What are the tax implications?