Question
What will be the dividend tax credit on a $150 eligible dividend? Assume a marginal tax bracket of 20.5%, a dividend gross up for eligible
What will be the dividend tax credit on a $150 eligible dividend? Assume a marginal tax bracket of 20.5%, a dividend gross up for eligible dividends of 38%, and a dividend tax credit of 15,0198% of the grossed-up dividend.
a. $31,09
b.$22,50
c.$68,22
d.$57,00
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Principles Of Auditing
Authors: Vasuhi M
1st Edition
6206150747, 978-6206150749
