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Fiesta
Social Studies
30 September, 12:51
Corporate federal income taxes are
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Lilliana Rosales
30 September, 12:57
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Federal corporate income tax is imposed at graduated rates. The lower rate brackets apply to lower rates of income when compared to higher tax brackets that coincide with higher rates of taxable income. All taxable income is subject to tax at 34% or 35% where taxable income exceeds $335,000.
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