Calculate the amount of instalment

Assignment Help Accounting Basics

Reference no: EM132673630

For the 3 year ending December 31,2014 through December 31, 2016. a corporation combines a federal and provincial tax payable is as follows: in 2014 the net income tax was $153640, in 2015 it was $186540 and in 2016 its expected to be $186540.Based on this information,

Problem 1: calculate the amount of instalment if any is required for the following cases:

(a) small corporation(small CPCC)
(b) large corporation(large CPCC)
(c) small corporation assume the combined federal and provincial taxes payable for the year ending December 31 2015 were $163420 instead of $186540.

Reference no: EM132673630

Questions Cloud

Calculate gross pay for walter pinkman : Calculate gross pay for Walter Pinkman. Walter Pinkman assembles merchandise and is paid $0.10 for each unit assembled. During the most recent week

Policy regarding use of instant messaging : You have been asked to draft a corporate usage policy regarding the use of instant messaging.

Calculate janet minimum taxable benefit : Mrs. Janet, the car is available throughout the year. Calculate Janet's minimum 2016 taxable benefit for for the use of auto mobile.

Operations and resources plan : Describe a general HRM/staffing plan based on your needs. What types of employees will be needed, and how many?

Calculate the amount of instalment : Calculate the amount of instalment Assuming small corporation assume the combined federal and provincial taxes payable for the year ending December

Ffordable care act-national health care workforce commission : Discuss the Affordable Care Act (ACA) in regards to the purpose of the National Health Care Workforce Commission (NHCWC).

Is required to make instalment payments and how much : John Doe, the net tax owing for 2016 is expected to be $4500. Is he required to make instalment payments? if yes? how much and at what date(S)?

What variables affect motivation and satisfaction : What variables affect motivation and satisfaction? Why? Which level is closest to your present leadership style?

Recruitment methods : Develop a brief plan to recruit for 20 nursing positions for your organization, using both internal and external recruiting sources.

User Account

All Pages