Total Tax Rate (% profit) is defined as ... the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits. What is the U. S. s Total Tax Rate (% profit) ?

Question

Kerr

Business

19 January, 06:25

Total Tax Rate (% profit) is defined as ... the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits. What is the U. S. s Total Tax Rate (% profit) ?

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Conner Walsh · Answer 1

43.8%, ranked 93rd in the world during

Explanation:

The U. S's Total Tax Rate (% profit) is 43.8%. It is the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits.

However, Total tax rate (% profit) in United States was reported at 36.6% in 2019.