Co-op tax: Who pays and how much?
In the United States, the corporate tax is 35% on profits over $100 million, but it's generally levied on profits below $10 million.In many other countries, it's lower, but in most cases the top rate is at 39.6%.For example, in Ireland, the rate is 35%, but for businesses that don't make any profits above $20 million they can deduct their
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