1. Assume that you have 100,000 TL annual income which is subject to a progressive taxation. Calculate your annual tax according to the information given below. Tax brackets Tax Rate 0-9,400TL 15 %...

1. 1. Assume that you have 100,000 TL annual income which is subject to a progressive taxation. Calculate your annual tax according to the information given below.

Tax brackets Tax Rate

0-9,400TL 15 %

9,400-25,000 25 %

25,000-35,000 35 %

35,000 and above 45 %