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Author Question: In Canada, the corporate income tax is integrated with the ________, so that ________ are not taxed ... (Read 35 times)

erikka246

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on: Oct 12, 2022

Question 1

Suppose a firm buys $3000 worth of inputs from other firms, hires $2000 worth of labour services, and has sales revenue of $7500. The firm's resulting profit is $2500. If the GST (a value-added tax) rate is 5%, this firm will pay ________ in GST.
◦ $0
◦ $375
◦ $225
◦ $125
◦ $2500

Question 2

In Canada, the corporate income tax is integrated with the ________, so that ________ are not taxed twice on the firm's earnings.
◦ property tax; corporations
◦ income tax; shareholders
◦ sales tax; shareholders
◦ personal income tax; corporations
◦ sales tax; consumers
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by erikka246 on Oct 12, 2022

spicyzack

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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erikka246

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

tanna.moeller

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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