ETAX Corporation Special Tax Matters R17-184X

What items reduce taxable income in calculating accumulated taxable income for AET?

• Federal and foreign income tax.
• Charitable contribution over 10% limit.
• NCL, NSTCG, NLTCG over NSTCL.
• Dividends paid within 3 ½ months of year end.
• Consent dividends.
• Accumulated earnings credit.