What is correct in respect to a base rate entity


Question: Which of the following is correct in respect to a base rate entity? Question Select one: A. Aggregated turnover for the income year is less than $50 million and a tax rate of 25% applies B. Aggregated turnover for the income year is less than $50 million and a tax rate of 30% applies C. Aggregated turnover for the income year is greater than $50 million and a tax rate of 25% applies D. Aggregated turnover for the income year is greater than $50 million and a tax rate of 30% applies

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Accounting Basics: What is correct in respect to a base rate entity
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