- CFA Exams
- CFA Level I Exam
- Topic 4. Financial Statement Analysis
- Learning Module 9. Analysis of Income Taxes
- Subject 5. Corporate Income Tax Rates
CFA Practice Question
What does the corporate cash tax rate represent?
B. The tax rate based on the corporation's financial statements.
C. The tax rate set by the government that applies to the corporation's cash flows.
D. The tax rate after considering tax incentives and exemptions.
A. The tax rate paid by corporations in cash.
B. The tax rate based on the corporation's financial statements.
C. The tax rate set by the government that applies to the corporation's cash flows.
D. The tax rate after considering tax incentives and exemptions.
Correct Answer: A
It represents the tax rate applicable to a corporation's cash flows.
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