France works for a company located in Pierrefonds, Québec. She earns an annual salary of $54.905.00 and is paid on a monthily basis, Her company pays 100% of the premiums for its employees group term life insurance coverage. The premiums the company pays for France's coverage are a non cash taxable benefit of $32.00 per pay. France participates in the company's group Registered Retirement Savings Plan and contributes 3% of her salary to the plan every pay. She also pays $37.00 in union dues each pay. Her Québec deduction code is B. Determine France's provincial income tax deduction per pay period. Your answer:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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France works for a company located in Pierrefonds, Québec. She earns an annual salary of S54,905.00 and is paid on a monthly basis, Her company
pays 100% of the premiums for its employees' group term life insurance coverage. The premiums the company pays for France's coverage are a non
cash taxable benefit of $32.00 per pay. France participates in the company's group Registered Retirement Savings Plan and contributes 3% of her
salary to the plan every pay. She also pays $37.00 in union dues each pay. Her Québec deduction code is B.
Determine France's provincial income tax deduction per pay period.
Your answer:
Transcribed Image Text:France works for a company located in Pierrefonds, Québec. She earns an annual salary of S54,905.00 and is paid on a monthly basis, Her company pays 100% of the premiums for its employees' group term life insurance coverage. The premiums the company pays for France's coverage are a non cash taxable benefit of $32.00 per pay. France participates in the company's group Registered Retirement Savings Plan and contributes 3% of her salary to the plan every pay. She also pays $37.00 in union dues each pay. Her Québec deduction code is B. Determine France's provincial income tax deduction per pay period. Your answer:
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