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The CEO at Big Co. has decided to sell a piece of capital equipment after the company's year-end in order to avoid paying capital gains

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The CEO at Big Co. has decided to sell a piece of capital equipment after the company's year-end in order to avoid paying capital gains tax this year which tax planning method will the CEO be using Multiple Choice Transferring income to another entity Shifting income from one time period to another Converting the nature of income from one type to another. This is a form of tax evasion and is not allowed Which of the following payments is not a taxable benefit to the employees? (See CRA's Follo S2-F3-C2 Benefits and Allowances Received from Employment and Guide T4130, Employers' Guide - Taxable Benefits and Allowances) Multiple Choice Premiums for group term life insurance Gym membership fees to improve the employee's general health and job performance. O Public transit pas costs for the employee to get to and from work. Physical health counselling services fees The types of income for Canadian tax purposes do not include which of the following: Multiple Choice Employment Income Capital Gains and Losses Lottery Winnings Other Income

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