InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
What Are The Effective Tax Rates For Small Businesses? |
|
Answer» The average effective tax rate for BUSINESSES organized as SOLE proprietorships was 15.1 percent in 2013, with SMALL S corporations facing the highest rates. (An effective tax rate is usually defined as the amount of tax paid as a fraction of net INCOME or profit.) The average effective tax rate for businesses organized as sole proprietorships was 15.1 percent in 2013, with small S corporations facing the highest rates. (An effective tax rate is usually defined as the amount of tax paid as a fraction of net income or profit.) |
|