Koscil Inc.had the following taxable income.Corporate tax rate schedule. Koscil paid $315,000 foreign income tax.Compute its U.S.income tax liability.

Name: Koscil Inc.had the following taxable income.Corporate tax rate schedule. Koscil paid $315,000 foreign income tax.Compute its U.S.income tax liability.
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Question

Koscil Inc.had the following taxable income.Corporate tax rate schedule.   Koscil paid $315,000 foreign income tax.Compute its U.S.income tax liability.

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The Answer of Koscil Inc.had the following taxable income.Corporate tax rate schedule.   Koscil paid $315,000 foreign income tax.Compute its U.S.income tax liability.