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Chapter 11 Corporate Income Tax

Chapter 11 Corporate Income Tax. Income Tax Fundamentals 2012 Gerald E. Whittenburg Martha Altus-Buller. This chapter pertains to corporations Calculate tax liability using tax rates Compute basic capital gains/losses Ascertain how special deduction may affect taxable income

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Chapter 11 Corporate Income Tax

Chapter 11 Corporate Income Tax. Income Tax Fundamentals 2010 Gerald E. Whittenburg & Martha Altus-Buller. Corporate Tax Rates. Corporate rates are progressive Marginal rates are from 15% to 39%, depending on taxable income There are eight brackets

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738 views • 27 slides

Chapter 11

Chapter 11. Corporate Income Tax Income Tax Fundamentals 2007 Gerald E. Whittenburg & Martha Altus-Buller. Corporate Tax Rates. Corporate rates are progressive, from 15% to 39%, depending on taxable income For corporations with large income (more than $18.33 million)

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259 views • 10 slides

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Maximum regular corporate tax - PowerPoint PPT Presentation

Chapter 11 Corporate Income Tax

Chapter 11 Corporate Income Tax

Chapter 11