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A company wants to set up operations in a country with the following corporate tax rate structure: Therefore, a taxable income of exist60,000 would result
A company wants to set up operations in a country with the following corporate tax rate structure: Therefore, a taxable income of exist60,000 would result in taxes due of exist50,000*0.15 + (exist60,000-exist50,000)*0.25 = exist50,000*0.15 + exist10,000*0.25 = exist10,000 If the company expects gross revenues of exist800,000, exist350,000 in total costs, exist100,000 in allowable tax deductions and exist20,000 in a one-time business start-up credit, how much should the company expect to pay in taxes? exist119, 750 exist95, 430 exist99, 750 exist136, 500
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