INCOME TAX RATES

The Income Tax Rates page gives users input fields for the current income tax rate, and the ending deferred tax rate. The beginning deferred tax rate appears for the review only. This field cannot be edited.

If there are different tax rates in effect due to tax law changes, the appropriate tax rates are entered in the Current and Ending Tax Rate fields.

When users finish entering the appropriate Statutory Tax Rates, click Save Changes. Users can follow the sequence for populating the remaining unit information by clicking the Next link.

Note: Administrators have the ability to Apply classes, tags and group permissions. They also can hide the Pre-Tax Book Income as well as set up the Pre-Tax Book Income as read-only. For more information, refer to the Administration section.