Variations in tax impact allow it to be essential to know a person's tax status for private financial planning as well as the arrangement of business dealings. An extensive indication of the Canadian income tax system is offered in this letter along with images of numerous kinds of taxable receipts. Key messages are: that the quantity of income tax varies based on the level of income; and that different types of income are often taxed otherwise; that same forms of income in many cases are taxed differently determined by the entity that receives it the taxpayer brings in.
PUBLICATION DATE: February 02, 2011 PRODUCT #: 901B01-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING