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Explore the case of Brilliance Corporation: Executive Name : Elijah Position : Chief Human Resources Officer (CHRO) Company Type : Publicly-traded company in the automotive



Explore the case of Brilliance Corporation:

  • Executive Name: Elijah
  • Position: Chief Human Resources Officer (CHRO)
  • Company Type: Publicly-traded company in the automotive industry
  • Effective Date: June 1, 2022

The breakdown of Elijah's compensation for 2023 is outlined below:

  • Base Salary: $800,000
  • Annual Bonus: $100,000
  • Stock Options: 6,000

Calculate the deductible portion of Elijah's compensation on Brilliance Corporation's 2023 corporate income tax return.

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