Whitney is paid with straight commission of 6.55 %, and her expected annual sale is $2,150,000.00. What based on the following rate (round to the nearest cent)? Taxable Income Tax Rate $0 to $12,000.00 0.00% $12,001.00 to $56,000.00 6.70% $56,001.00 to $100,000.00 10.30% $100,001.00 and more 15.25%
Whitney is paid with straight commission of 6.55 %, and her expected annual sale is $2,150,000.00. What based on the following rate (round to the nearest cent)? Taxable Income Tax Rate $0 to $12,000.00 0.00% $12,001.00 to $56,000.00 6.70% $56,001.00 to $100,000.00 10.30% $100,001.00 and more 15.25%
Chapter24: Multistate Corporate Taxation
Section: Chapter Questions
Problem 1BCRQ
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