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Josee works in Alberta and is paid $7,000.00 quarterly as a director's fee. She has TD1 and TD1AB forms on file with claim code 1.
Josee works in Alberta and is paid $7,000.00 quarterly as a director's fee. She has TD1 and TD1AB forms on file with claim code 1. Calculate the income tax on the quarterly director's fees. (Hint: When calculating the Net Taxable Income, do not forget to calculate and deduct the enhanced portion of the CPP)
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Management Accounting Text Problems And Cases
Authors: M Y Khan, P K Jain
6th Edition
125902668X, 978-1259026683
