2015 U.S. Corporate tax rates are shown below: Taxable income Marginal Tax Rate $0-$50,000 115% $50,001-$75,000 125% $75
Posted: Thu May 19, 2022 12:28 am
company's tax expense will be $3,500,000 $36,500,000 $35,000,000 $31,875,000
2015 U.S. Corporate tax rates are shown below: Taxable income Marginal Tax Rate $0-$50,000 115% $50,001-$75,000 125% $75,001-$100,000 |34% $100,001-$335,000 39% $335,001-$10,000,000 34% $10,000,001-$15,000,000 35% $15,000,001-$18,333,333 38% Over $18,333,333 35% Bouffard Co. has earnings before taxes of $100,000,000 in 2015. The