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imomo imomo
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5 months ago
Frank lives and works in Alberta and earned $50,000 in income. Percival lives and works in Nova Scotia and also earned $50,000 income. If the only difference between the two people is where they live, then

▸ Frank and Percival will have the same Federal income tax bill.

▸ Frank and Percival will have the same Provincial income tax bill.

▸ Frank and Percival will have the same total income tax bill.

▸ Where they live has no impact on their income tax bill.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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smiller94107smiller94107
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5 months ago
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imomo Author
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5 months ago
this is exactly what I needed
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Brilliant
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2 hours ago
Good timing, thanks!
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