Answer:
B. Both taxes are paid annually
Explanation:
State corporate income taxes and State property taxes are different methods of extracting taxes from the citizens in the United States. While these different types of taxes are different in certain circumstances such as rates and brackets, they are so similar in terms of payment.
Therefore, the similarity between the two methods of getting taxes from citizens is that "Both taxes are paid annually."
Answer:
Original due date for the corporate tax return is 15th of April
Explanation:
What is the original due date for the corporate tax return?
Original due date for the corporate tax return of Aqua Linda Inc is 15th of April.
What happens if the original due date falls on a Saturday?
If the original due date which 15th of April falls on a Saturday,the due date will now be the 1st day after 15th of April that is not a Saturday, Sunday, or holiday.
In this scenario of Agua Linda, Inc.'s, the corporation due date will be 17th of April which is the Monday after Saturday the 15th
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