For the 3 year ending December 31,2014 through December 31, 2016. a corporation combines a...
60.1K
Verified Solution
Link Copied!
Question
Accounting
For the 3 year ending December 31,2014 through December 31, 2016. a corporation combines a federal and provincial tax payable is as follows:in 2014 the net income tax was $153640, in 2015 it was $186540 and in 2016 its expected to be $186540.Based on this information, calculate the amount of instalment if any is required for the following cases: 1 (a) small corporation(small CPCC) (b) large corporation(large CPCC) (c) small corporation assume the combined federal and provincial taxes payable for the year ending December 31 2015 were $163420 instead of $186540. 
For the 3 year ending December 31,2014 through December 31, 2016. a corporation combines a federal and provincial tax payable is as follows:in 2014 the net income tax was $153640, in 2015 it was $186540 and in 2016 its expected to be $186540.Based on this information, calculate the amount of instalment if any is required for the following cases:
1
(a) small corporation(small CPCC)
(b) large corporation(large CPCC)
(c) small corporation assume the combined federal and provincial taxes payable for the year ending December 31 2015 were $163420 instead of $186540.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.