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Post# of 65976
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GangstaRIB

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GangstaRIB

Re: map35 post# 45260

Thursday, 08/23/2018 10:47:42 AM

Thursday, August 23, 2018 10:47:42 AM

Post# of 65976
So i was curious about this. Lets say you bring in $1M in revenue as a dispensary and $100k is pretax profit. I will assume an effective tax rate of 30% for the upper bracket and 20% on the lower bracket.

The dispensary would owe $300k in taxes to the IRS? and not $20k on the profits?
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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