Are retained earnings taxed twice?

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Caleigh McLaughlin asked a question: Are retained earnings taxed twice?
Asked By: Caleigh McLaughlin
Date created: Sat, Jun 19, 2021 12:50 PM
Date updated: Fri, Jun 24, 2022 7:29 AM

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Top best answers to the question «Are retained earnings taxed twice»

On the company's balance sheet, "retained earnings" is the running total of all earnings the company has held onto over the years… Since earnings are by definition after-tax, so are retained earnings, so taxing them would mean taxing the same money twice.

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