Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer both of them Question 10 (1 point) Your federal income tax rate is 29%. Your province income tax rate is 17.5%. The provincial

please answer both of them
image text in transcribed
Question 10 (1 point) Your federal income tax rate is 29%. Your province income tax rate is 17.5%. The provincial dividend tax credit is 31% of the dividend gross up. You get a Canadian eligible dividend of $16,000. How much income tax do you pay on the dividend? 8,282 2,927 6,150 5,066 Question 11 (1 point) You received eligible dividends of $800, non eligible dividends of $600 and foreign dividends of $1,000 before 10% foreign income tax was withheld. Your Division B(Net Income) from property income 19: 2,649 2,749 2,794 2,664

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cyber Security Auditing Assurance And Awareness Through CSAM And CATRAM

Authors: Regner Sabillon

1st Edition

1799856097, 978-1799856092

More Books

Students also viewed these Accounting questions