Most businesses pay corporate income tax to the federal government based onthe company'sO corporate profitsoptional tax rateexcise profitsO proportional tax rateDELLDIIprt scF10F6F7F8F9F4F5F3&#3$45.6.ERY00

The corporate income tax is paid based on the company's operating earnings.

Answered: Most businesses pay corporate income…

Most businesses pay corporate income tax to the federal government based on the company's corporate profits optional tax rate O excise profits proportional tax rate

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Most businesses pay corporate income tax to the federal government based on
the company's
O corporate profits
optional tax rate
excise profits
O proportional tax rate
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