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1. Calculate effective tax rate. Formula for corporation: Total Tax Expense / earnings before taxes. Effective tax rates simplify comparisons among companies or taxpayers. This
1. Calculate effective tax rate. Formula for corporation: Total Tax Expense / earnings before taxes. Effective tax rates simplify comparisons among companies or taxpayers. This is especially true where a progressive or tiered tax system is in place
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Financial And Management Accounting An Introduction
Authors: Pauline Weetman
8th Edition
1292244410, 978-1292244419
