Before the Law of Reduction of Imnuestos and Emoleos. the crowns clashed
to progressive tax tables that ranged between 15% and 39%. under that
old tax law, a company with revenues of $100 million would have owed
taxes of $35 million. Under the Tax Cuts and Jobs Act.
the tax rate for corporations is 21%. For a company that earns $100
million in taxable income, what would be the tax reduction that the firm
enjoy because of the new tax law?