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Consider DEF Company's tax obligations for the year ended December 31, 20X5. Calculate the following in bullet points: Corporate Income Tax: 25% of Net Profit
Consider DEF Company's tax obligations for the year ended December 31, 20X5. Calculate the following in bullet points:
•Corporate Income Tax: 25% of Net Profit before Tax
•Dividend Distribution Tax: 10% on Dividends distributed
•Minimum Alternative Tax (MAT): 18.5% of Book Profits
•Deferred Tax: 20% of Temporary Differences
Discuss how these taxes impact the company's financial performance and cash flow.
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