What is the marginal tax rate for a corporation with 70000


What is the marginal tax rate for a corporation with $70,000 taxable income and an average tax rate of 15% if the next-lowest marginal tax rate of 10% covers taxable incomes up to $50,000?

Solution Preview :

Prepared by a verified Expert
Basic Computer Science: What is the marginal tax rate for a corporation with 70000
Reference No:- TGS01484597

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)