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The taxable income for Company X is $65,000.00. The Corporate Tax Rate Table is listed below. RATES INCOME LEVELS 15% - 0-50,000 25% - 50,001

The taxable income for Company X is $65,000.00.

The Corporate Tax Rate Table is listed below.

RATES INCOME LEVELS

15% - 0-50,000

25% - 50,001 75,000

34% - 75,001 100,000

What is company X's average tax rate?

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