For the three years ending December 31, 2018 through December 31, 2020, a corporation's combined federal and provincial Tax Payable is as follows: 2018 $153,640 2019 = $186,540 2020 $172,340 (Estimated) = Case One The taxpayer is a small CCPC. Case Two The taxpayer is a small CCPC. Assume that its combined federal and provincial taxes payable for the year ending December 31, 2019 were $163,420, instead of the $186,540 given in the problem. Case Three The taxpayer is a publicly traded corporation. Case Four The taxpayer is a publicly traded corporation. Assume that its combined federal and provincial taxes payable for the year ending December 31, 2019 were $163,420, instead of the $186,540 given in the problem. Required: For each of the preceding independent Cases, provide the following information: 1. Indicate whether instalments are required during 2020. Provide a brief explanation of your conclusion. 2. Calculate the amount of instalments that would be required under each of the acceptable methods available. 3. Indicate which of the available methods would best serve to minimize instalment payments. Mr. John Lenonovitz is an unemployed poet. As Mr. Lenonovitz has no known sources of income, his wife Natasha, a successful painter, has decided to make contributions to an RRSP in his name, rather than making contributions to her own plan. What type of tax planning is involved in this decision? Explain your conclusion. A B I TAY