Which of the following companies is taxed at a flat rate of 35 percent?
A) An auto parts manufacturing corporation with taxable income of $73,000.
B) A consulting corporation of owner-employee CPAs with taxable income of $1,000,000.
C) A family-owned shoe store with earnings of $224,000 in 2017.
D) All of the above are taxed at a flat rate of 35 percent.
Correct Answer:
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