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An individual, named "Jane", is employed as the head of operations at a software company...

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Accounting

An individual, named "Jane", is employed as the head of operations at a software company named "TechPro". To enhance her knowledge and skills in a relevant field, Jane has enrolled in a prestigious executive MBA program at a local university. TechPro, Jane's employer, has agreed to cover the tuition fees for the program, which amount to $25,000 per annum for a duration of two years.
In accordance with the provisions of the Canadian Income Tax Act, determine the amount of the taxable benefit that Jane would be subject to as a result of her employer's financial assistance for her educational pursuits.
$50,000
$25,000
0
13 of the total tiotion fees
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