FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Swiss Formula is an Ontario company which, for the first time, has not submitted their Employer Health Tax Annual Return. They currently owe $8,000.00 for

Swiss Formula is an Ontario company which, for the first time, has not submitted their Employer Health Tax Annual Return. They currently owe $8,000.00 for the Employer Health Tax, which has been outstanding for 7 full months. Calculate the total penalty Swiss Formula owes the Minister of Finance.

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

Accounting Theory

Accounting Theory

Authors: Contemporary Accounting Issues

1st Edition

9780324107845

More Books

Students also viewed these Accounting questions

Question

★★★★★
Distinguish between (a) Direct and indirect muscle attachments (b) A tendon and an aponeurosis.

Answered: 1 week ago

Question

★★★★★
Assuming your feet are not held down, which is more difficult: doing sit-

Answered: 1 week ago

Question

★★★★★
=+a) A restaurant reviewed a sample of comment cards from restaurant guests to estimate the annual income of families that dined in.

Answered: 1 week ago

Question

★★★★★
1. The hospital already had bar-coding before the new networking system was installed. What can be done now that could not be done before to reduce drug administration errors? 2. As the case...

Answered: 1 week ago

Question

★★★★★
An all-equity company is considering borrowing $10,000,000 and using the borrowed funds to repurchase shares. The company's cost of equity is 9%. EBIT is expected to be $3,600,000 every year forever....

Answered: 1 week ago

Question

★★★★★
Ricky Ripov's Pawn Shop charges an interest rate of 16.75 percent per month on loans to its customers. Like all lenders, Ricky must report an APR to consumers. What rate should the shop report? (Do...

Answered: 1 week ago

Question

★★★★★
You require 4.300 kg prepared carrots for service. The trimming loss for carrots is 14%. What quantity of raw carrots will you require for preparation? Enter your answer to 3 decimal places, e.g....

Answered: 1 week ago

Question

★★★★★
How does the battery from Tesla cars negatively impact the environment? Does Tesla negatively impact the environment at all? If so, how? What could Tesla do to help solve these impacts?

Answered: 1 week ago

Question

★★★★★
United States Motors Inc. (USMI) manufactures automobiles and light trucks and distributes them for sale to consumers through franchised retail outlets. As part of the franchise agreement,...

Answered: 1 week ago

Question

★★★★★
What is the financial viability of Western Union in the current international financial environment? (i.e., the last 2 to 3 years)

Answered: 1 week ago

Question

★★★★★
If you have further questions, kindly ask. This is about share options On January 1, 2019, Symphony grants its president the right to choose either 10,000 ordinary shares or to receive cash payment...

Answered: 1 week ago

Question

★★★★★
How is workforce planning linked to strategic planning?

Answered: 1 week ago

Question

★★★★★
What would be your response to the publication of figures that showed an above-average turnover of students in a university/college department?

Answered: 1 week ago

Question

★★★★★
What are the various approaches to managing talent in times of recession?

Answered: 1 week ago

Previous Question Next Question