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Connolly Corporation, an Ontario organization, paid a $ 2 4 , 0 0 0 . 0 0 death benefit to Suzanne, the widow of their
Connolly Corporation, an Ontario organization, paid a $ death benefit to Suzanne, the widow of their employee after he passed away in September. Calculate the income tax withholding on the death benefit based on the following:
The first $ are exempt from tax.
Lump sum tax rate is Points
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