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Corporate income tax) Boisjoly Productions had taxable income of $19.3 million. a. Calculate Boisjoly's federal income taxes using the tax table shown in the popup
Corporate income tax) Boisjoly Productions had taxable income of $19.3 million. a. Calculate Boisjoly's federal income taxes using the tax table shown in the popup window: . Now calculate Boisjoly's average and marginal tax rates. a. The firm's tax liability for the year is $ i Data Table . The firm's average tax rate is 21 %. The firm's marginal tax rate is 21 % (RO Taxable income $0-$50,000 $50,001 - $75,000 $75,001 - $100,000 $100,001 - $335,000 $335,001 - $10,000,000 $10,000,001 - $15,000,000 $15,000,001 - $18,333,333 Over $18,333,333 Marginal Tax Rate 15% 25% | 34% 39% 34% 35% 38% 35% Print Done
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