Solution-What are its tax expense and taxes payable

What are its tax expense and taxes payable

Reference no: EM133064102

Question - Permanent Differences - Plimmox Company's income before taxes is $410,000, and its tax rate is 35%. Plimmox included $60,000 in nondeductible fines in the $410,000. There are no other book-tax differences. What are its tax expense and taxes payable? What is its net income?

Reference no: EM133064102

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What are its tax expense and taxes payable

Reference no: EM133064102

Reference no: EM133064102

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