Question
ABC Corp. has permanent establishments in Alberta, British Columbia, and the United States. Gross revenues and Salaries and wages are as follows: Gross Revenue Wages
ABC Corp. has permanent establishments in Alberta, British Columbia, and the United States. Gross revenues and Salaries and wages are as follows:
| Gross Revenue | Wages and Salaries | ||
| Alberta | $5,000,000 | $3,000,000 | |
| British Columbia | 4,000,000 | 3,000,000 | |
| United States | 3,000,000 | 2,000,000 |
ABC Corp. had Taxable Income for the year of $100,000. What is the Federal Tax Abatement amount that may be deducted?
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Federal Tax Abatement will be maximum of 10 of taxable income earned in the year in Canadian Provinc...
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Introduction To Federal Income Taxation In Canada
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
33rd Edition
1554965020, 978-1554965021
