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The small business deduction is only available on: Income earned in Canada by any resident corporation. The first $ 5 0 0 , 0 0

The small business deduction is only available on:
Income earned in Canada by any resident corporation.
The first $500,000 in manufacturing and processing income earned by a Canadian controlled public corporation.
The active business income of a private corporation with no more than five full-time employees devoted to the production of property income.
All of the income earned in Canada by a Canadian controlled private corporation.
None of the above.
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