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Big Manufacturing Corp is a CCPC, with a single permanent establishment in Saskatchewan. Saskatchewan's tax rates are: 2% on income eligible for the federal small
Big Manufacturing Corp is a CCPC, with a single permanent establishment in Saskatchewan. Saskatchewan's tax rates are: 2% on income eligible for the federal small business deduction, 10% on income eligible for the federal manufacturing and processing tax deduction, and 12% on all other income. Information from Big Manufacturing's 2020 tax filings show $700,000 in active business income, $600,000 in manufacturing and processing profits, and $700,000 taxable income.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
