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Using the IRS 2018 corporate tax rates (and ignoring alternative minimum taxes and any exemption or phase-outs), show the calculation of the federal corporate tax
- Using the IRS 2018 corporate tax rates (and ignoring alternative minimum taxes and any exemption or phase-outs), show the calculation of the federal corporate tax liability of Exxon on $36.1 billion in taxable income and on $40.0 billion in taxable income.
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Financial Accounting Theory
Authors: William R Scott
5th Edition
0132072866, 978-0132072861
