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Hula Ltd. is a CCPC. It does not hold any investments that pay dividends. Its Non-Eligible RDTOH account at December 31, 2019 was 69053. Hula
Hula Ltd. is a CCPC. It does not hold any investments that pay dividends. Its Non-Eligible RDTOH account at December 31, 2019 was 69053. Hula Ltd. paid non-eligible taxable dividends of 118990 in 2019 on which the company received full refund. For its 2020 taxation year, its refundable portion of Part I tax was 40218. Hula did not pay any Part IV tax in 2020. During 2020, the corporation paid 149862 in non-eligible dividends. What is the balance in Hula Ltd.s Non-Eligible RDTOH account at December 31, 2020?
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