INCOME TAX RATES

In the Income Tax Rates page, users can enter the Current Income Tax Rate and the Ending Deferred Rate. The Beginning Deferred Rate cannot be edited; it is for review purposes.

If different tax rates are in effect due to tax law changes, users can enter the appropriate tax rate for each item in the Current and Ending Tax Rate fields.

1.Users type the appropriate Statutory Tax Rates.
2.Click Save Changes.
3.Click Next and then enter the remaining Unit information.
4.Click Permanent Diffs in the navigator menu to continue data entry.

2014.0 income tax rates

Note: Administrators can make the current, beginning deferred, and/or ending deferred tax rates read-only, or all three fields can be hidden from view by local users. For more information, refer to the Administration section.