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During 2020, Joan Matel is a resident of Ontario and has calculated her taxable Income to be $56,700. Assume that ontario's rate are 5.05 percent
During 2020, Joan Matel is a resident of Ontario and has calculated her taxable Income to be $56,700. Assume that ontario's rate are 5.05 percent on taxable income up $48,535 and 9.15 percent on the next $48,534. Calculate her 2020 federal and provincial tax payable before consideration of credits and her average rate of tax
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
11th Edition
0471448966, 978-0471448969
