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Naily [24]
2 years ago
9

WILL GIVE BRAINLIEST

Business
1 answer:
Luba_88 [7]2 years ago
5 0
I think that the answer would be A. I hope you forgive me if I am wrong
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A company wants to set up operations in a country with the following corporate tax rate structure: Taxable Income Tax Rate <$
Alisiya [41]

Answer:

Taxable income = $240,000

Amount payable = $64,850

Explanation:

As per the data given in the question,

Taxable income :

Gross revenue = $400,000

Total cost = $100,000

Net profit = $400,000 - $100,000 = $300,000

Allowable tax deduction = $60,000

Taxable income = $300,000 - $60,000

= $240,000

Tax to be paid :

Computation of tax       Amount to be taxed           Rate            Tax

$50,000                                 $50,000                        15%            $7,500

$50,000 to $75,000             $25,000                        25%           $6,250

$75,000 to $100,000           $25,000                         34%           $8,500

More than $100,000             $140,000                       39%           $54,600

Total tax                                                                                           $76,850

Amount payable = Total tax - Tax credit

= $76,850 - $12,000

=$64,850

3 0
3 years ago
Calculate the interest for a loan of $10,000 with an interest
Damm [24]

.

interest= PRT

10000*8/100*25/10

=$2000

6 0
2 years ago
What occupational group falls under the service occupation cluster
Leokris [45]
Service occupations include such categories as food services, child care, home installation, maintenance and repair, etc. 
3 0
3 years ago
What are some next generation hotel technology applications?
BaLLatris [955]

Answer:

i think smart room key am i right

7 0
2 years ago
Read 2 more answers
Trusted wholesalers is a company that purchases products produced in mexico and sells them to companies based in the united stat
DENIUS [597]
The appropriate response is NAFTA or the North American Free Trade Agreement. It is an assertion among the United States, Canada, and Mexico intended to evacuate duty hindrances between the three nations.

<span>In 1994, the North American Free Trade Agreement (NAFTA) became effective, making one of the world's biggest facilitated commerce zones and establishing the frameworks for solid financial development and rising flourishing for Canada, the United States, and Mexico.</span>
7 0
3 years ago
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