KMS, the boutique design firm has started selling in Ireland. It now has $1 million in revenues

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KMS, the boutique design firm has started selling in Ireland. It now has $1 million in revenues from Ireland, where the tax rate on its income is 15%. Its U.S. tax rate is 21%. What is the total tax it pays on its Irish income?

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Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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