The maximum corporate tax rate of 35% is the same as the maximum rate applicable to individuals

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The maximum corporate tax rate of 35% is the same as the maximum rate applicable to individuals (except for certain high-income taxpayers). Consequently, for any additional taxable income, the corporate tax liability will be the same as the individual tax liability. Do you agree? Why or why not?

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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

ISBN: 1389

41st Edition

Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney

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Question Posted: Sep 09, 2015 07:03 AM

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The maximum corporate tax rate of 35% is the same as the maximum rate applicable to individuals

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The maximum statutory rate for a C corporation and for an individual other than a highinc...View the full answer

South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

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