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Business, 12.04.2021 23:30 angelesramos112

Bacon Signs Inc. is based in a country with a territorial approach to taxation but generates​ 100% of its income in a country with a worldwide approach to taxation. The tax rate in the country of incorporation is​ 25%, and the tax rate in the country where they earn their income is​ 50%. In​ theory, and barring any special provisions in the tax codes of either​ country, Bacon should pay taxes at a rate of​ in the country of incorporation.

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