Corporate income tax in the United States is mainly collected by the ________ and accounts for roughly ________ of the total tax revenue.

Name: Corporate income tax in the United States is mainly collected by the ________ and accounts for roughly ________ of the total tax revenue.
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Question

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Corporate income tax in the United States is primarily collected by the federal government and constitutes about 10 percent of the total tax revenue. This tax is levied on the income of entities recognized as corporations.

Corporate Income Tax in the United States Is Mainly Collected