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In 2020, a Canadian controlled private corporation (CCPC) earned $550,000 of active business income in Canada, and $75,000 of interest income. What would be its
In 2020, a Canadian controlled private corporation (CCPC) earned $550,000 of active business income in Canada, and $75,000 of interest income. What would be its federal Part 1 tax payable?
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$81,500
$72,000
$64,000
$16,500
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