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2 Part 1 Valencia Ltd. is a CCPC with a calendar-based taxation year end. The following information is available for the 2023 taxation year: 1.

2 Part 1 Valencia Ltd. is a CCPC with a calendar-based taxation year end. The following information is available for the 2023 taxation year: 1. The company had Canadian active business income of $ 360 comma 000. Of this total, it was determined that $ 185 comma 000 qualified as M

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