Financial management and analysis phần 2 docx

[...]... Income Amount of Loss Applied Taxes Paid Refigured Refigured Taxable Income Taxes Refund KPMG International’s Corporate Tax Rate Survey, January 20 02 Country Corporate Tax Rate January 1, 20 01 (%) Corporate Tax Rate January 1, 20 02 (%) Source: The Walt Disney Company 20 01 Annual Report, Corporate Tax Rate Survey ■ ■ ■ ■ ■ ■ ■ Year Taxable Income Taxes Paid (30% of Taxable Income) Year Taxable Income Taxes... paid a b b Modified Accelerated Cost Recovery System (MACRS) Panel a Classified Lives Panel b Depreciation Rates for 3-Year, 5-Year, 7-Year, 10-Year, 15-Year, and 20 -Year Classified Assets Depreciation Rate (%) Year 3-Year 5-Year 7-Year 10-Year 15-Year 20 -Year MACRS Depreciation of a $50,000 Truck, Using MACRS Rates Year Depreciation Rate a b Depreciation Expense = Rate Times $50,000 − − ↑ ↑ a b No Deduction,... × − × − × − × − ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ 107 Federal Income Tax Rate Schedule for Corporations, 20 01 If taxable income is: over … but not over … tax is … of the amount over … ( ) marginal marginal Marginal and Average Tax Rates from the 20 01 Corporate Tax Rate Schedule : ■ ■ ■ Corporate Taxable Income − − − − − − − − − − − − − − investing issues paid a b b .