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The question ( s ) below are based on the following information: The cost of the purchase of a used automobile is $ 2 0
The questions below are based on the following information:
The cost of the purchase of a used automobile is $ including HST If the automobile is leased, the monthly lease payment is $ including HST The automobile is driven for a total of km in and the operating expenses for the year are $
Assume the automobile is purchased. It is used by the employee for months of the year. In the other months, he was required to return the automobile to his employer's premises per company policy. He drives it for personal purposes for a total of km The minimum taxable benefit is:
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