2 ms·
They are taxed; they are taxed because they are a subset of profits, which is a taxed category. They are not taxed more than other profits, but that doesn’t mea
by nickff 1y ago
They are taxed; they are taxed because they are a subset of profits, which is a taxed category. They are not taxed more than other profits, but that doesn’t mean they’re ’not taxed’.
- blibble 1y agothey are not retained earnings by definition are the accumulation of net incomes, and net income by definition is post tax what went into the produce the retained earnings (profit) has been taxed but the retained earnings themselves are not subject to additional taxation (with a few exceptions)