Post by twetch#2022

1sNJWU…Qwas Key · twetch
Reposted
twetch#3033 6.9y

It's called Accumulated Earnings Tax

It's a 20% tax levied on C-Corps that have over 250K in retained earnings.

If I don't provide a good enough explanation for why I'm hodling cash over 250K the gov takes 20%.

What the chain says
Block
626 818
Time
2020-03-19T00:12:13Z
Signer
1sNJWUrAYfdxAKN1zGq3t9hwyR6ynQwas
App
twetch
Type
repost
Content type
text/plain
Name in tx
twetch#2022

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1sNJWUrAYfdxAKN1zGq3t9hwyR6ynQwas Verified