Question
Differentiate and explain the following income taxes being imposed to corporate taxpayers or to corporation in general. Include also the tax rates and tax base
Differentiate and explain the following income taxes being imposed to corporate taxpayers or to corporation in general. Include also the tax rates and tax base (25 points). Send here the picture of your answer. (handwritten) 1. Regular or Normal Income Tax 2. Minimum Corporate Income Tax (MCIT) 3. Gross Income Tax (GIT) 4. Improperly Accumulated Earnings Tax 5. Final Tax on Passive Income
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Management Foundations A Pacific Rim Focus
Authors: Kathryn Bartol, Margaret Tein, Graham Matthews, Bishnu Sharma, Brenda Scott Ladd
3rd Edition
978-0070284944, 0070284946
