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Question 8 (1 point) An employee received an option to purchase shares of a Canadian-controlled private corporation (CCPC) at $8 per share when the
Question 8 (1 point) An employee received an option to purchase shares of a Canadian-controlled private corporation (CCPC) at $8 per share when the value of the stock was $10 per share. This would result in a taxable benefit which would be taxed as... Employment income when the option was exercised. Employment income when the option was granted. Employment income when the shares were sold. A capital gain when the shares were sold.
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