Business
Business, 19.09.2019 21:30, ilovecatsomuchlolol

Ashton corporation is headquartered in pennsylvania and has a state income tax base there of $550,000. of this amount, $89,000 was nonbusiness income. ashton’s pennsylvania apportionment factor is 41.70 percent. the nonbusiness income allocated to pennsylvania was $47,500. assuming a pennsylvania corporate tax rate of 8.25 percent, what is ashton’s pennsylvania state tax liability? (round your answer to the nearest whole dollar amount.)

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Ashton corporation is headquartered in pennsylvania and has a state income tax base there of $550,00...

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