ADD Systems Comp. report cartas de $100,000 y nos gastos totales y derección de $225,000 Setios del estado impuestos loc
Posted: Thu May 19, 2022 10:01 am
ADD Systems Corp. reported net earnings of $590,000 and total expenses and depreciation of $225,000. If state taxes (local taxes) are 6% per year, determine the average percent of
federal tax and the applicable tax rate.
Effective Tax Rate = Local Tax + (Federal Tax) (1 - Local Tax), or
Effective Tax Rate = Federal Tax + (1 - Federal Tax) (Local Tax)
ADD Systems Comp. report cartas de $100,000 y nos gastos totales y derección de $225,000 Setios del estado impuestos locales de ore impuesto federal years afectivo Tax Rate Elective impuesto Local Federal - Impuesto Local Tax Rate Electivos impuesto Federal (1 posto Federal (must Local