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I have a question. I need to determine the corporation's net tax liability. The corporation has $250,000 in gross income and 125,000 in deductible business

I have a question. I need to determine the corporation's net tax liability.

The corporation has $250,000 in gross income and 125,000 in deductible business expenses, and $12 business tax credit.

I know that the taxable income is $125,000 [250,000-125,000]

I am confused to determine the corporation's net tax liability

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