FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Ma1.

 

1. What does self assessment mean? 2. What is the progressive tax system? 3. Who should file? 4. What is the due date for tax returns employees and self employed taxpayers? When is tax payable due? 5. What is the difference between total, net & taxable income? 6. What records and receipts must be kept? 7. When is the taxation year? 8. What is the determining factor of establishing what income is subject to taxation in Canada? 9. Why is Elections Canada question on TI? 10. Why is the Foreign Tax question on the TI?
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Transcribed Image Text:1. What does self assessment mean? 2. What is the progressive tax system? 3. Who should file? 4. What is the due date for tax returns employees and self employed taxpayers? When is tax payable due? 5. What is the difference between total, net & taxable income? 6. What records and receipts must be kept? 7. When is the taxation year? 8. What is the determining factor of establishing what income is subject to taxation in Canada? 9. Why is Elections Canada question on TI? 10. Why is the Foreign Tax question on the TI?
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