Question
The United Techologies Corporation pays corporation taxes on Earnings Before Tax, in their tax accounts, of $11,508,842.00 at the following rates: 19% on the
The United Techologies Corporation pays corporation taxes on Earnings Before Tax, in their tax accounts, of $11,508,842.00 at the following rates: 19% on the first $73,000 then at 22% on the next $55,000 then at 30%, on the next $6,339,000 and then at 41% thereafter. How much tax should the company pay? Give your answer in dollars and cents. Express your answer in dollars and cents
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Get StartedRecommended Textbook for
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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