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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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