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In November 2020, you pay Janice Rider, your ex-employee, a retiring allowance of $65,000. She worked for you from 1987 to 2020. She did not
- In November 2020, you pay Janice Rider, your ex-employee, a retiring allowance of $65,000. She worked for you from 1987 to 2020. She did not contribute to a pension plan or DPSP.Calculate the amount of retiring allowance eligible for transfer directly into an RPP or RRSP with no tax deductions required?
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College Accounting Chapters 1-13
Authors: John Price
14th Edition
007763991X, 9780077639914
