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Michelle is eligible to receive an annual Old Age Security (OAS) benefit of $6,942.36. If the OAS clawback threshold is $74,788, Michelle's net income is
Michelle is eligible to receive an annual Old Age Security (OAS) benefit of $6,942.36. If the OAS clawback threshold is $74,788, Michelle's net income is $81,963 and her combined marginal tax rate is 42%, how much will Michelle receive in OAS benefits after tax?
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
