Question: Corporation growth has RM 26,000 in taxable income and corporation income has RM 2,600,000 in taxable income. a) What is the tax bill for each

Corporation growth has RM 26,000 in taxable income and corporation income has RM 2,600,000 in taxable income.

a) What is the tax bill for each firm?

b) Suppose both firms have identified a new project that will increase taxable income by RM 12,000. How much in additional taxes will each firm pay?

c) Based on the above question, why is this amount the same?

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