Free Corp. is a Canadian public corporation that operates a retail store in Ontario. Free Corp.s taxable

Question:

Free Corp. is a Canadian public that operates a retail store in Ontario. Free Corp.’s taxable income for the current year is $100,000.
Determine the federal tax payable for the current year.
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...