更多"Xanos Corporation faced a 50% margi"的相关试题:
[填空题]The government official said that the new tax rates would come into ______ (effective) from April.
[单项选择]Assume the tax rate is constant, based on the following information, calculate the balance of the deferred tax account at the end of the second year The company acquired the asset for $ 8000. The asset will generate $ 5000 a year. The company’s tax rate is 40%. For tax purposes, the asset can be straight-line depreciated over 4 years. For financial accounting purposes, the asset is depreciated straight-line over 5 years.（）
A. $ 0.
B. $ 240.
C. $ 480.
[单项选择]A company, with a tax rate of 40% percent, sold a capital asset with a net book value of $500 000 for $570 000 during the year. Which of the following amounts will most likely be reported on their in their income statement for year related to the asset sale（）
A. $70000.
B. $92000.
C. $105000.
[填空题]
- A．Flat Tax
Income tax is a direct tax which is levied on the income of private individuals．There are various income tax systems that exist．ranging frOm a flat tax to an extensive progressive tax systern．
A flat tax，also cal led a proportional tax，is a system that taxes．Usual ly the flat tax is proposed to k ick in at a certain income level，or to exempt income below that level，so that the lowest-income members of society don’t need to pay income tax．
Proposed flat taxes usually allow little or no exemption of earned income besides the bottom-level exemption．
Advocates of a flat tax claim that it will end unfair discrimination．They also argue that flat taxes are easier(and cheaper)to administer and comply with than complex，graduated taxes．Most political parties that advocate the introduction of a flat tax are on the right of the pol itical spectrum． - B．Progressive Tax
A progressive tax，or graduated tax，is a tax that is larger as a percentage o
