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JUL 17TH, 2023
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Top Questions and Answers
HOW IS THE TAX COMPUTED? The tax is imposed at the rate of 5% of the taxable net income. The tax shall not be less than $250. Only an unincorporated business with gross income in excess of $50,000 and adjusted net income in excess of $15,000 shall be subject to the Unincorporated Business Tax.
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