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Calculate the semi-monthly non-cash taxable benefit for the group term life insurance premium paid for an employee earning $55,000.00 annually. The employer pays 100% of
Calculate the semi-monthly non-cash taxable benefit for the group term life insurance premium paid for an employee earning $55,000.00 annually. The employer pays 100% of the monthly premium which is $1.50 (taxes included) per $1,000.00 of coverage. The benefit is two (2) times the annual salary.
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Canadian Income Taxation Planning And Decision Making
Authors: Joan Kitunen, William Buckwold
17th Edition 2014-2015 Version
1259094332, 978-1259094330
