Assume that you live in Ontario and earned $100,000 (in salary income) during the tax year 2011.Assume
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Assume that you live in Ontario and earned $100,000 (in salary income) during the tax year 2011.Assume that you have no deductions or credits other than your basic personal amount. Compute the total amount of federal tax and provincial tax that you owe. What is your average tax rate?What is your marginal tax rate?
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Strategic Financial Planning Over The Lifecycle A Conceptual Approach To Personal Risk Management
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Authors: Narat Charupat, Huaxiong Huang, Moshe A. Milevsky
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