Question
Alan is the director of your corporation. He is a resident of Alberta. He does not receive remuneration as an employee. You pay him a
Alan is the director of your corporation. He is a resident of Alberta. He does not receive remuneration as an employee. You pay him a directors' fee of $6,050 every three months.
Alan has claimed the basic amount, claim code 1, on his TD1 federal and provincial forms.
Use this information to answer questions 24-28. Use 2022 rates.
What is Alan's CPP contribution amount?
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
