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How do transportation costs affect the attractiveness of exporting?
Income Tax Schedule
A chart or table displaying the rates to be applied to income ranges for calculating the amount of income tax due.
Taxable Income
The portion of an individual's or entity's income used as the base for calculating income tax owed to the government.
Average Tax Rate
The ratio of the total amount of taxes paid to the total income, indicating how much of one's income goes to taxes.
Income Tax Schedule
A chart or table that displays tax rates applied to different levels of taxable income, used to calculate the amount of income tax owed.
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