Redball productions is a new company based in orem, Ask an Expert

Economics

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

What amount of state income tax did RedBall Productions owe?

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Microeconomics, Economics

Category:- Microeconomics
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