公司理财(第二章).pptVIP

Marginal tax rate – Additional taxes owed per dollar of additional income. Average tax rate – Total taxes owed divided by total income. * These tax rates refer to ordinary income (i.e. salary, wages, and interest earnings) Note: capital gains are taxed only when gains are realized, at a rate of 15% for most shareholders. * * 3-* Corporate Taxes In the United States, corporations pay tax on their income. US Corporate Tax Rates, 2011 3-* Corporate Taxes: Example What is the marginal tax rate for a corporation with $60,000 taxable income and an average tax rate of 16.67% if the next-lowest ma