Good afternoon,
I am trying to apply a tax bracket in my model, and wanted to use a simple formula to calculate my tax expense, I have a table displayed as follows
<tbody>
A
B
C
1
CIT rate
Maximum Profit
Profit
2
0
3
22.5%
1,500
36,500
4
25.5%
7,500
5
27.5%
35,000
6
31.5%...