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Select all the correct answers: 1. The advisor's strategies can be classified as Tax minimization and tax avoidance. 2. Ontario is the best porvince for

Select all the correct answers: 1. The advisor's strategies can be classified as Tax minimization and tax avoidance. 2. Ontario is the best porvince for Miranda if her only consideration is lower taxes. 3. Her advisor suggested that she should move to Ontario and should incorporate her business 4. Her advisor has considered tax strategies like, income splitting, reducing taxes at source, tax free growth, tax deferred growth, 5. The advisor's strategies can be classified as tax planning via tax minimization and tax deferral 6. 7. If she lives in quebec, to meet her $80,000 a year spending goal she would'nt have to sell her house and invest the proceeds or work longer. 8. Where ever she lives, to meet her $80,000 a year spending goal she would have to sell her house and invest the proceeds or work longer. 9. It does not matter if she is taking a salary or dividends because all the income still flows to her. 10. Her advisor has considered tax strategies like, reducing taxes at source, tax free growth, tax deferred growth 11. 12. Her goal to retire at age 65 with $80,000 in after tax spending, far more than the $55,680 a year she is spending now is unrealistic as people should spend less in retirement. 13. 14. 15. Incorporating would give her a choice to take a salary or dividends

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