Question
During the 2022 taxation year, Ontario Ltd. has a business loss of $300,000, net taxable capital gains of $100,000, an Allowable Business Investment Loss of
During the 2022 taxation year, Ontario Ltd. has a business loss of $300,000, net taxable capital gains of $100,000, an Allowable Business Investment Loss of $50,000, and dividends from taxable Canadian corporations of $80,000. What is the amount of the non-capital loss for the year? $390,000. $400,000. $250,000 $360,000.
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter J. Walton, Walter Aerts
3rd Edition
1408062860, 9781408062869
