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KMS, a boutique design firm, has started selling in Ireland. It now has $1.2 million in revenues from Ireland, where the tax rate on income

KMS, a boutique design firm, has started selling in Ireland. It now has

$1.2

million in revenues from Ireland, where the tax rate on income is

12.5%.

Its U.S. tax rate is

21%.

What is the total tax it pays on its Irish income?

Question content area bottom

Part 1

The total taxes paid on the Irish income is

$enter your response here.

(Round to the nearest dollar.)

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