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During the 2019 taxation year. X Word TIF Problems Chapters 1 x frame_auto.d2l?ou=634817&ispry=&drc=0&qi=5090908cfql=08.dnb=0 TIF-Problems-Chapters-11-21 X $322,000 Question 7 (2 points) ACCPC has Taxable Capital Employed

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During the 2019 taxation year. X Word TIF Problems Chapters 1 x frame_auto.d2l?ou=634817&ispry=&drc=0&qi=5090908cfql=08.dnb=0 TIF-Problems-Chapters-11-21 X $322,000 Question 7 (2 points) ACCPC has Taxable Capital Employed in Canada for the 2018 year of $14 million, and $13.5 million for the 2019 year. The company has Canadian active business income of $535,000, Taxable income of $435,000, and no foreign income, It is not associated with any other CPC. What is the 2019 annual business limit reduction for this company? $348,000. $400,000 O $350,000 O $304,500 During the 2019 taxation year. X Word TIF Problems Chapters 1 x frame_auto.d2l?ou=634817&ispry=&drc=0&qi=5090908cfql=08.dnb=0 TIF-Problems-Chapters-11-21 X $322,000 Question 7 (2 points) ACCPC has Taxable Capital Employed in Canada for the 2018 year of $14 million, and $13.5 million for the 2019 year. The company has Canadian active business income of $535,000, Taxable income of $435,000, and no foreign income, It is not associated with any other CPC. What is the 2019 annual business limit reduction for this company? $348,000. $400,000 O $350,000 O $304,500

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