Question

Take a look at the current corporate tax rates. What is your opinion on the current brackets, limits and corresponding rates? Why do you think they are what they are? What would you change?

Answer 1

• Corporate tax rates would as a rule be extremely high when contrasted with other tax rates.
• What's more, this is on the grounds that they are the methods for the legislature to get their income from as the corporate is a very much arranged structure, the tax arranging will be with the end goal that it won't influence the interests of open on the loose.
• The change I would expect will present chunk rate framework relying upon the sort of organization and industry it is working together in would help in the development of little businesses.
• For instance, same pace of tax for very much settled organizations and new businesses won't demonstrate any support to the newly beginning companies.