The amount of the current tax expense and income tax payable is determined by three things; (i) the aggregate of assessable income; (ii) the aggregate of allowable deductions; (iii) and the applicable tax rate.

Name: The amount of the current tax expense and income tax payable is determined by three things; (i) the aggregate of assessable income; (ii) the aggregate of allowable deductions; (iii) and the applicable tax rate.
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The Amount of the Current Tax Expense and Income Tax