In Country X corporate income tax is levied on profits as follows:
Which of the following describes the tax rate structure in Country X?
A . Proportional
B . Regressive
C . Progressive
D . Competent
Answer: C
In Country X corporate income tax is levied on profits as follows:
Which of the following describes the tax rate structure in Country X?
A . Proportional
B . Regressive
C . Progressive
D . Competent
Answer: C