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unrendezvous unrendezvous
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6 months ago
Which of the following best describes double taxation?

▸ Different levels of government use two different tax brackets.

▸ Both the provincial and federal levels of government collect tax on an income amount.

▸ The taxable amount is collected at two different points in any given year.

▸ Income that is taxed at the corporate level and then again at the personal level when the corporation pays a dividend.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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john a.john a.
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6 months ago
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