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3.17. Tax: Manz Property Management Company announced that in the year ended June 30, 2014, its earnings before taxes amounted to $1,478,936. Calculate its taxes
3.17. Tax: Manz Property Management Company announced that in the year ended June 30, 2014, its earnings before taxes amounted to $1,478,936. Calculate its taxes using Exhibit 3.6 in the text. Earnings before interest and taxes $1,478,936 U.S. Federal Corporate Income Tax Rates for 2013 Taxable Income from Upto Rate 0 50,000 15% 50,001 75000 25% 75001 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% 18,333,334 0% 35%
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