You are right.......i thinksimpler maths here:Company tax rate...

  1. crashy
    1,741 Posts.
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    02/08/02
    22:06
    Post #: 44618
    You are right.......i think

    simpler maths here:

    Company tax rate is 30%, ie X * 0.7

    so to get back to the original figure you need to do the inverse, ie X / 0.7.

    eg $10 UF = $7 FF

    7 / 0.7= 10
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