how much tax do you pay on net profit?
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jasper Apprentice
Joined: 11 Nov 2006 Posts: 23
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Posted: 08/17/07 - 04:20 Post subject: |
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| Hi, I really need your help! I hope someone here can tell me how much tax a company should pay on net profit? Does it depend on the kind of company you have, or is it the same for everyone? Its urgent, so your answers are very much appreciated. I am based in the US by the way. Thanks in advance. |
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morgun Apprentice
Joined: 20 Feb 2006 Posts: 13
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Posted: 09/25/07 - 01:52 Post subject: |
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| I always for that net profit was AFTER-tax profit? So the amount of profit you have made, after you pay tax on it? That means, you dont pay tax on net profit. It is simply the money you have left after youve paid everything. That means, the money you can put in your pocket. Forgive me if Im wrong |
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