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This is a taxation question: You own 100% of ABC Ltd. and own 100% of )(YZ Ltd. Hence, they are associated. You own 8% of

This is a taxation question:

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You own 100% of ABC Ltd. and own 100% of )(YZ Ltd. Hence, they are associated. You own 8% of 123 Ltd, which is not an associated company. Each of the three corporations has at least $500,000 of active business income earned in lCanada. What is the maximum small business deduction combined {i.e., total combined SBD deduction of all three companies) that the three corporations can claim on corporate income? 0 $0 0 $000,000 0 $1,000,000 0 $500,000

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