Which of the following is an income-based tax?
A) Ohio Commercial Activity Tax.
B) Texas Margin Tax.
C) Washington Business & Occupation Tax.
D) Wisconsin corporate tax.

Question

Quizplus · Accepted Answer

The Wisconsin corporate tax is an income-based tax, as it is levied on the net income of corporations. The other options are gross receipts or margin taxes, which are not based on income.

Which of the Following Is an Income-Based Tax