Corporate federal income taxes are

Social Studies

2 answers:

Sholpan [36]3 years ago

8 0

it's imposed at graduated rates

olga nikolaevna [1]3 years ago

4 0

Federal corporate income tax is imposed at graduated rates. The lower rate brackets apply to lower rates of income when compared to higher tax brackets that coincide with higher rates of taxable income. All taxable income is subject to tax at 34% or 35% where taxable income exceeds $335,000.

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