Correct me if I am wrong

naivejoe · November 30, 2007, 6:32pm

effective tax rate. under double taxation ETR= corporate tax rate +(1- corporate tax rate) *(DIV payout ratio) * (individual tax rate) right?

dnoyelles · November 30, 2007, 7:40pm

i believe that’s correct.

mar350 · November 30, 2007, 7:55pm

naivejoe Wrote: ------------------------------------------------------- > effective tax rate. > > under double taxation > > ETR= corporate tax rate +(1- corporate tax rate) > *(DIV payout ratio) * (individual tax rate) > > right? ETR= corporate tax rate +(1 - corporate tax rate) * (individual tax rate) no payout ratio in there.