In 2019 alberta based corporationgrowth has $88,000 in taxable income and alberta based corporation has $8,800,000 in taxable income . a. What is the tax bill for each b. Suppose both firms have identified a new project that will increase taxable income by $10,000 . (how much additional taxes will each firm pay) (is this amount same ) (if not,why )

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter3: Corporations: Introduction And Operating Rules
Section: Chapter Questions
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In 2019 alberta based corporationgrowth has $88,000 in
taxable income and alberta based corporation has
$8,800,000 in taxable income .
a. What is the tax bill for each
b. Suppose both firms have identified a new project that
will increase taxable income by $10,000 . (how much
additional taxes will each firm pay) (is this amount
same ) (if not,why )
Transcribed Image Text:18 ques In 2019 alberta based corporationgrowth has $88,000 in taxable income and alberta based corporation has $8,800,000 in taxable income . a. What is the tax bill for each b. Suppose both firms have identified a new project that will increase taxable income by $10,000 . (how much additional taxes will each firm pay) (is this amount same ) (if not,why )
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