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

Business

Emma Patrick

25 June, 04:51

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) ?

+2

Answers (1)

Know the Answer?

Jaylen Parsons · 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.