Explain why the federal tax reduction of 13% or a provincial tax reduction on manufacturing and processing

Question:

Explain why the federal tax reduction of 13% or a provincial tax reduction on manufacturing and processing activities may apply to an amount that is greater than or less than the corporation’s actual income from manufacturing. Is it possible for a that earns $500,000 from retail activities and suffers a loss of $50,000 from manufacturing activities to be eligible for the 13% manufacturing reduction? 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...