Case 2 Buffalo Wild Wings

Decent Essays
Buffalo Wild Wings will have to pay a 45 percent tax on the profits. The company will be required to estimate its tax liability each year and pay it in installments or outright if it so chooses. At the end of each year, Buffalo Wild Wings will be required to file an income tax return for the federal and state government and compute the tax liability on the profits earned for the year. The tax liability of the business will be calculated on a calendar year basis, and the tax return of Buffalo Wild Wings must be filed with the respective department no later than June 30 of each year.

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