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The Dyrdek Co. had $261,000 in 2014 taxable income. Use the tax rates from Table. Taxable Income Tax rate 0-50k 15% 50,001-75k 25% 75,001-100k 34%
The Dyrdek Co. had $261,000 in 2014 taxable income. Use the tax rates from Table. Taxable Income Tax rate
0-50k 15%
50,001-75k 25%
75,001-100k 34%
100,001-335k 39%
335,001-10,000,000 34%
10,000,001-15,000,000 35%
15,000,001-18,333,333 38%
18,333,334 + 35%
What is the average tax rate?
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