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The Anberin Co. had $305319 in 2015 taxable income. Use the tax rates from Table 2.3. Calculate the companys marginal tax rate TABLE 2.3 Taxable Income Corporate Tax Rates 50,000 75,000 100,000 100,001335,000 335,001-10,000,000 10,000,001-15,000,000 15,000,001-18,333,333 15% 25 34 39 34 35 38 35 50,001 75,001 18,333,334+

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Answer #1

Marginal tax rate for the company would fall in the taxable income slab of $(100,001-
$335000) rate.

Hence Marginal tax rate for the company is equal to

=39%

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