Ask Question
BusinessBusiness
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)
  1. 25 June, 05:20
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Total Tax Rate (% profit) is defined as ... the amount of taxes and mandatory contributions payable by the business in the second year of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The recording of the factory labor incurred for general factory use would include a debit to:
Answers (1)
Question 4: FastFit and Capital One are two very different organizations but both rely on information technology to enable business processes.
Answers (1)
Codetermination: A. is the process by which both management and the board establish corporate strategic management. B. is present when all board members are also employed by the corporation. C.
Answers (2)
The following is a partial year-end adjusted trial balance. Account Title Debits Credits Sales revenue 300,000 Loss on sale of investments 22,000 Interest revenue 4,000 Cost of goods sold 160,000 General and administrative expenses 40,000
Answers (1)
When she uses her american express card, cathy obtains possession of goods and services when they are purchased. payment is due when billed at a later date.
Answers (1)
New Questions in Business
Identify the health care insurer that contributes the largest proportion of the health care dollar in the united states
Answers (1)
Emma has ben promoted to a managerial position where she manages fifty employees in a division that has a history of low product output.
Answers (1)
Adams Industries holds 55,000 shares of FedEx common stock, which is not a large enough ownership interest to allow Adams to exercise significant influence over FedEx.
Answers (1)
On January 3rd, Gates Gems returned merchandise they purchased on account from Jewelry Wholesalers in the amount of $1,450. What is the transaction to reflect this return?
Answers (1)
Do you feel ethics is critical in every business transactions? and why?
Answers (1)
Home » Business » 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) ?
Sign Up Forgot Password?