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Canadian controlled private corporation (CCP), entitled to the small business deduction pays ties 20% on table income of 1000 water tax incent would be paid

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Canadian controlled private corporation (CCP), entitled to the small business deduction pays ties 20% on table income of 1000 water tax incent would be paid to the sole shareholder os a dividend in 2020 What would be the amount of the shareholder's taxable dividend Which of the following statements concerning the tox treatment of interest income is true! Multiple Choice Individual must accrue interest on a daily basis The anniversary day occrual method of recognizing interest income requires that interest income received by a corporation de recognized for tax purposes for every twelve-month period from the date the investment is made Foreign interest income is exempt from taxes in Canada The anniversary day accrual method of recognizing interest income requites at interest income received by an individuo be recognized for tak purposes for every twelve-month period from the date the investment is made

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