A Canadian-controlled private corporation can obtain a tax deferral from the small-business deduction. Will the corporations owner

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A Canadian-controlled private corporation can obtain a tax deferral from the small-business deduction. Will the corporation’s owner always benefit from investing the extra cash flow that results, regardless of the type of return that may be received from the investment? Explain.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Canadian Income Taxation Planning And Decision Making

ISBN: 9781259094330

17th Edition 2014-2015 Version

Authors: Joan Kitunen, William Buckwold

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