Question: X Corp. is located in State A and also has income from its business in State B. Residence State A tax rate is 25%. Source

  1. X Corp. is located in State A and also has income from its business in State B. Residence State A tax rate is 25%. Source State B tax rate is 30%. X Corp. has income of 30,000 USD in State A, and 18.000 USD in State B.

Taking into account above information and using the ordinary tax credit method, calculate the corporate income tax paid in residence State A by X Corp

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