Red ball productions taxable income in 2005 was 500000., Ask an Expert

Economics

Red Ball Productions is a new company based in Orem, Utah. Red Ball supplies stock images of still photography. Utah's state corporate income tax consists of a flat tax rate of 5% on all corporate income. Red Ball Production's taxable income in 2005 was $500,000. Illustrate what amount of state income tax did Red Ball Productions owe?

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Business Economics, Economics

Category:- Business Economics
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