Della Corporation is headquartered in Carlisle, Pennsylvania. Della has a Pennsylvania state income tax base of $433,500. Of this amount, $76,700 was nonbusiness income. Della's Pennsylvania apportionment factor is 28.52 percent. The non-business income allocated to Pennsylvania was $61,850. Assuming a Pennsylvania corporate tax rate of 7.75 percent, what is Della's Pennsylvania state tax liability?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Della Corporation is headquartered in Carlisle, Pennsylvania. Della has a Pennsylvania state income tax base of $433,500. Of this amount, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The deprecation method that charges more expenses in earlier years than in later years is
Answers (2)
According to Herman, one of the differences of managing a nonprofit versus a for-profit corporation is
Answers (1)
Which statement concerning cash is true? a. Cash is increased by debiting. b. Cash will always have more debits than credits. c. Cash will never have a credit balance. d. All of these choices are correct.
Answers (1)
Which of the following terms refers to a cloud computing feature that allows for automatic allocation of computing resources in proportion with the demand? a. Rapid elasticityb. Measured servicec. On-demand self-serviced. Resource pooling
Answers (1)
where x1 and x2 represent number of units of production of basic and advanced iPods, respectively. Production time required for the basic iPod is 6 hours per unit, and production time required for the advanced iPod is 8 hours per unit.
Answers (1)
New Questions in Business
On March 1, Lincoln sold merchandise on account to Amelia Company for $28,200, terms 1/10, net 45. On March 6, Amelia returns merchandise worth $2,600. On March 11, Lincoln receives payment from Amelia for the balance due.
Answers (1)
Suppose that a business incurred implicit costs of $200,000 and explicit costs of $1 million in a specific year.
Answers (1)
A customer is considering buying a new $30,000 car and will put $6,000 down and will borrow the remaining $24,000 from the automobile finance company.
Answers (1)
Compare and contrast spatial distribution population density and population growth rate
Answers (1)
The new product development process has seven stages going from new product strategy development to commercialization. At which stage will a company identify feasible ideas and turn them into product concepts?
Answers (1)