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Answer the following in your own words. limit your words What are differences between regular corporate income tax (RCIT) and minimum corporate income tax (MCIT)?

Answer the following in your own words. limit your words


  1. What are differences between regular corporate income tax (RCIT) and minimum corporate income tax (MCIT)?
  2. Were the rates lowered or increased under the CREATE Law? Explain
  3. When is the effectivity of CREATE Law?

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