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John bought 1000 shares of TrippleChocolate in 2016 for $36.5 each. TrippleChocolate's share price was increasing...

John bought 1000 shares of TrippleChocolate in 2016 for $36.5 each. TrippleChocolate's share price was increasing 10% each year since. In 2019 John sold the shares. If the capital gains tax rate is 20%, dividends are taxed at 22%, and corporate tax rate is 21%, how much cash can John pocket after the sale of shares (net of taxes)?

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ekkarill92 answered 1 year ago
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