Question

LawnCo and TreeCo operate in the same industry, and both report a 30% effective tax rate. Their book income and current, deferred, and total tax expense are reported below.
ShrubCo is a competitor of both of these companies. Prepare a letter to Laura Collins, VP-Taxation of ShrubCo, outlining your analysis of the other two companies’ effective tax rates, using only the preceding information. ShrubCo’s address is 9979 West Third Street, Peru, IN 46970.


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  • CreatedMay 25, 2015
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