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Let's analyze Brilliant Corporation: Executive Name : Mia Position : Chief Marketing Officer (CMO) Company Type : Publicly-traded company in the retail sector Effective Date



Let's analyze Brilliant Corporation:

  • Executive Name: Mia
  • Position: Chief Marketing Officer (CMO)
  • Company Type: Publicly-traded company in the retail sector
  • Effective Date: July 1, 2022

The breakdown of Mia's compensation for 2023 is presented as follows:

  • Base Salary: $1,100,000
  • Annual Bonus: $150,000
  • Stock Options: 8,000

Determine the deductible portion of Mia's compensation on Brilliant Corporation's 2023 corporate income tax return.

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