A schedular system of corporate income tax means?
A. A method used to calculate the corporate income tax payable
B. A system that has a number of schedules which set out how different types of income
should be taxed
C. A system that has a number of schedules which set out when tax returns and tax
payments should be made
D. A system that has a number of schedules which set out the various tax rates
B. A system that has a number of schedules which set out how different types of income
should be taxed
C. A system that has a number of schedules which set out when tax returns and tax
payments should be made
D. A system that has a number of schedules which set out the various tax rates
Answer: B
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