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A company's taxable total profits for an accounting period are 3,200,000. Compute the corporation tax liability if the accounting period is: (a) the year to
A company's taxable total profits for an accounting period are £3,200,000. Compute the corporation tax liability if the accounting period is: (a) the year to 31 March 2021 (b) the year to 31 December 2020 (c) the ten months to 31 October 2020 (d) the ten months to 31 October 2017. What would these liabilities have been if the FY2020 main rate had fallen to 17%?
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a The corporation tax liability for the year to 31 March 2021 would be 3200000 ...
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
