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22, XYZ Corporation reported pretax book income of $750,000. Included in the computation were unfavorable temporary differences of $100,000, favorable temporary differences of $10,000,
22, XYZ Corporation reported pretax book income of $750,000. Included in the computation were unfavorable temporary differences of $100,000, favorable temporary differences of $10,000, and unfavorable permanent differences of $80,000. Assuming a corporate tax rate of 21 percent, what is XYZ's current income tax expense?
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Taxation Of Individuals And Business Entities 2023 Edition
Authors: Brian Spilker, Benjamin Ayers, John Barrick, Troy Lewis, John Robinson, Connie Weaver, Ronald Worsham
14th Edition
1265790299, 978-1265790295
