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Wren,IncIs Owned by Alfred (30%)and Mabel (70%)

Question 126

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Wren,Inc.is owned by Alfred (30%)and Mabel (70%).Alfred's marginal tax rate is 25% and Mabel's marginal tax rate is 33%.Wren's taxable income for 2012 is $400,000.
Wren,Inc.is owned by Alfred (30%)and Mabel (70%).Alfred's marginal tax rate is 25% and Mabel's marginal tax rate is 33%.Wren's taxable income for 2012 is $400,000.

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