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Small CCPC Net Income $50 000 Taxable Income $40 000 Federal Tax Payable $15 000 Manitoba Nunavut Wages $30,000 $70,000 Sales $300,000 $300,000 Tax rate
Small CCPC
Net Income $50 000 Taxable Income $40 000
Federal Tax Payable $15 000
| Manitoba | Nunavut | ||
| Wages | $30,000 | $70,000 | |
| Sales | $300,000 | $300,000 | |
| Tax rate | 3.0 % | 4.5 % | On first $500,000 (CCPC) |
| Tax rate | 12 % | 13.5% | On amount over $500,000 |
The provincial income tax payable for Manitoba is...
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Understanding Business And Finance An Active Learning Approach Promoting Act
Authors: Jill Hussey
1st Edition
9781858050799
