Intel Corp (INTC)

[Professor MD]

The 2010 numbers (source):

EBT, INCLUDING UNUSUAL ITEMS: 16,045.0
Income Tax Expense: (4,581.0)
TOTAL DIVIDEND PAID: (3,503.0)

Dividend taxes paid: (3,503.0)*.15 = (525.45)

Your total "double tax" burden on Intel's earnings (i.e. Intel's income tax + taxes paid by shareholders on Intel's dividends) was:

(525.45 + 4581.0) / 16045 = 0.318 = ~32%

Intel paid income tax on all its “Taxable Earning” (that did not include the dividend that was obviously not Earning)

The tax that Intel paid on dividend (that is not earning) is an addition to the regular income tax. The payment by the shareholders is on top of the tax paid by Intel.

I think that the USA is the only country that insists on double taxation.