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Q 1 7 - B - Midterm Question Last Semester: Refer to the earlier table of 2 . 3 on corporate tax rate, let, the
QB Midterm Question Last Semester:
Refer to the earlier table of on corporate tax rate, let, the TGS Co had $
in net income, $ in taxable income, $ in income before interest and
tax, and $ in reinvestment requirement. Calculate the company's different
income taxes: a Total taxes, b Average tax. c Marginal tax. Distinguish
between VAT and Corporate Tax.
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