Question
Danny Fred is an employee in Quebec and his remuneration includes the following: Bi-weekly salary - $1800.00, Bonus - $300.00, Car allowance (cash taxable
Danny Fred is an employee in Quebec and his remuneration includes the following: Bi-weekly salary - $1800.00, Bonus - $300.00, Car allowance (cash taxable benefit) - $50.00, Group term life insurance (non-cash taxable benefit) - $35.00. Besides, there are the following non-statutory deductions: RPP - $$250.00 and union dues are $10.00. What will be the net taxable income on which the federal tax and Quebec provincial tax will be based to calculate?
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Canadian Income Taxation Planning And Decision Making
Authors: Joan Kitunen, William Buckwold
17th Edition 2014-2015 Version
1259094332, 978-1259094330
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