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The corporate tax rates are 15% for taxable income till $50,000; 18% for $51,000 to $80,000; 22% for $ 81,000 to $120,000 and 35% for
The corporate tax rates are 15% for taxable income till $50,000; 18% for $51,000 to $80,000; 22% for $ 81,000 to $120,000 and 35% for above $120,000. What will be the marginal tax for a taxable income of $170,000?
A.
35%
B.
22%
C.
18%
D.
15%
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