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Indigo Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. Indigo Inc. follows IFRS. Accounting Income Year (Loss)

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Indigo Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. Indigo Inc. follows IFRS. Accounting Income Year (Loss) Tax Rate 2020 $122,000 18% 2021 92,000 18% 2022 (234,000 ) 16% 2023 130,000 16% The tax rates were all enacted by the beginning of 2020.

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