The hotel group Clairmonde (an entity taxed on its own) reports accounting profit of 812,000. It recognised 54,000 of non-deductible entertainment costs and 26,000 of exempt dividends received (case data). With an enacted rate of 30%, what are its taxable profit and current tax?
- Accounting profit
- 812,000
- Non-deductible entertainment costs
- 54,000
- Exempt dividends
- 26,000
- Enacted tax rate (%)
- 30 %