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Following the breakdown of Salim and Lathikas's marriage in ten years, part of the court order requires Lathika to transfer 50% of the value of
Following the breakdown of Salim and Lathikas's marriage in ten years, part of the court order requires Lathika to transfer 50% of the value of her RRSP to Salim's RRSP. If Lathikas's RRSP at that time has a fair market value of $510,000 and her combined marginal tax rate is 52%, what tax liability will Lathika incur as a result of the transfer?
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Lathika will not incur any tax liability as a result of transferring 50 of her RRSP value to Salims ...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
