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Business, 06.04.2021 03:10 log40

Assume that Clampett, Incorporated, has $200,000 of sales, $150,000 of cost of goods sold, $60,000 of interest income, and $40,000 of dividends. Assume that Clampett, Incorporated, never operated as a C corporation and that the corporate tax rate is 21 percent. What is Clampett, Incorporated's excess net passive income tax

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Assume that Clampett, Incorporated, has $200,000 of sales, $150,000 of cost of goods sold, $60,000 o...
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