How is net income calculated?

How is income tax for a corporation calculated?

• is it: beginning retained earnings + net income - dividends - requisition of shares = ending retained earnings ending retained earnings x percentage of income tax = Income Tax Is this right? thanks

• Answer:

  It all relies on how much they donate to the government of their own free will, yes businesses too have free will not only god made humans and every other living animal on the planet! Plus by donating to the government the government in turn gives them favors like they get to pick what laws they want enacted that will protect their profits, and they get to go along with government gestapo as they go out to shut down some poor dairy farmer who is selling us healthy raw grass fed dairy products because they are stealing money away from hard working and governments new eligible to vote "people" businesses! "One person one vote"!YEAH! What a crock of shiit! Businesses are considered a big part of the people now and they do not need to be USA companies either! Our government is just in the process of putting the last nails in our coffins!