The maximum corporate tax rate of 35% is the same as the maximum rate applicable to individuals
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The maximum corporate tax rate of 35% is the same as the maximum rate applicable to individuals (except for certain high-income taxpayers). Consequently, for any additional taxable income, the corporate tax liability will be the same as the individual tax liability. Do you agree? Why or why not?
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Related Book For
South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts
ISBN: 1389
41st Edition
Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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