A corporation had net taxable income of 60000 in 1991- how


1. Under what circumstances does it become advantageous for the small business to incorporate?

2. A corporation had net taxable income of $60,000 in 1991.

A. How much income tax must the corporation pay?

B. What is the marginal tax rate?

C. What is the average tax rate?

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Financial Management: A corporation had net taxable income of 60000 in 1991- how
Reference No:- TGS02141100

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