Company XYZ is a CCPC. This year, had an opening RDTOH of $20,000; Cdn ABI...
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Company XYZ is a CCPC. This year, had an opening RDTOH of $20,000; Cdn ABI Income was $200,000; Cdn Dividend Income (non-connected) was $20,000. The small business deduction was $19.000. Part I Tax was $40,000. There was an applied ACL Carry forward of $5,000. Cdn Taxable Capital Gains Income of $40,000; Paid out Dividends was $30,000.
Please calculate the company's Aggregate Investment Income (AII ) for this year?
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