Crane, Inc

Crane, Inc. is a domestic corporation with several foreign subsidiaries. This year, Crane has $2.3 million domestic gross receipts and $900,000 allowable deductions. It made deductible related party payments to its foreign affiliates of $650,000. Compute Crane's base erosion and anti-abuse tax liability (BEAT) .

A) $0
B) $205,000
C) $294,000
D) $89,000
107) This year, Plateau, Inc.'s before-tax income was $4,765,000. Plateau paid $310,000 income tax to state A and $130,000 income tax to state B.Compute Plateau's federal taxable income and tax liability.What is Plateau's overall income tax rate?