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14) Mayo dent.com www formation for ydeden 11. 2017 Domestic Protonding to be fitting business 400 00 150 1000 162 for Pages George SAAT SHOC Die 31.0 www.ecome a corrected betting the procent plan. 5200 meter. Maingand the land where he was there the press for business income of winted when we 20.000 MA wife 18.000 were declared on the day of each 14) Continued bende and to the Son Salon w the provincia corporate for Canadian Controller There he tromma NIQUID Compte del Parland Provinciales for the 2017 otion perforderline the trend when Show detail the call to acredited #3) (17 Marks) Come and Go Inc. is a Canadian controlled private corporation. The following data summarizes the operations of Come and Go Inc. for the year ended December 31, 2017 Income (los) from Business A $72.000 Income (loss) from Business B $8.000) Capital loss 1514,000 Dividends from taxable Canadian corporations $4,000 Capital gain $8.000 Donation to a charitable organization $1,600 Part-time farm income loss) (subject to Sec 31 1524.0003 Come and Go Inc. had the following account balances at December 31, 2016 Net capital loss (from 2011) Restricted farm loss from 2010) Non-capital loss (from 2009) Non-capital loss (from 2010) Refundable dividend tax on hand 2016 dividend refund Charitable Donations (from 2016) $4.000 $6,000 $21.000 $50,000 $4,000 $1,700 $2.800 REQUIRED: 1. Calculate the minimum taxable income of Come and Go Inc. for the year ended December 31, 2017. Use section 3 format for the calculation of net income. Use carry overs in the following order Charitable Donations Restricted Farm Losses Net Capital Losses Non-Capital Losses Farm Losses 2. Prepare a schedule of losses incurred, applied and available to be carried over to 2018 #2) (1 mark) Jasmine Inc. was incorporated in the U.S.four years ago. However, all of the directors of the corporation are Canadian residents, holding all of their meetings in Calgary, AB. How would Jasmine Inc. be taxed? Informace of rendedor 31, 2012, come per comfort came M1.000 Preferring and comme Plenere feresse DeCA A For Premios Net Income To Pups SH Tehh 11 Ofico SS.COM The following information has been wide Mature women in 200CM Pro end had been here that became to the kapitan errone e come The presse wird in the led to . 000 2.70 Grande former www on www 2017 and wiltro 2.300 hech 14) Continued brownies sem RELIG BON 4 Aure the parar elapse Curitian Creatist name RIGUARD congue the Federal Partion and was for the tiny w for the two NOTES 1. U themed to represent the credit to our 14) Mayo dent.com www formation for ydeden 11. 2017 Domestic Protonding to be fitting business 400 00 150 1000 162 for Pages George SAAT SHOC Die 31.0 www.ecome a corrected betting the procent plan. 5200 meter. Maingand the land where he was there the press for business income of winted when we 20.000 MA wife 18.000 were declared on the day of each 14) Continued bende and to the Son Salon w the provincia corporate for Canadian Controller There he tromma NIQUID Compte del Parland Provinciales for the 2017 otion perforderline the trend when Show detail the call to acredited #3) (17 Marks) Come and Go Inc. is a Canadian controlled private corporation. The following data summarizes the operations of Come and Go Inc. for the year ended December 31, 2017 Income (los) from Business A $72.000 Income (loss) from Business B $8.000) Capital loss 1514,000 Dividends from taxable Canadian corporations $4,000 Capital gain $8.000 Donation to a charitable organization $1,600 Part-time farm income loss) (subject to Sec 31 1524.0003 Come and Go Inc. had the following account balances at December 31, 2016 Net capital loss (from 2011) Restricted farm loss from 2010) Non-capital loss (from 2009) Non-capital loss (from 2010) Refundable dividend tax on hand 2016 dividend refund Charitable Donations (from 2016) $4.000 $6,000 $21.000 $50,000 $4,000 $1,700 $2.800 REQUIRED: 1. Calculate the minimum taxable income of Come and Go Inc. for the year ended December 31, 2017. Use section 3 format for the calculation of net income. Use carry overs in the following order Charitable Donations Restricted Farm Losses Net Capital Losses Non-Capital Losses Farm Losses 2. Prepare a schedule of losses incurred, applied and available to be carried over to 2018 #2) (1 mark) Jasmine Inc. was incorporated in the U.S.four years ago. However, all of the directors of the corporation are Canadian residents, holding all of their meetings in Calgary, AB. How would Jasmine Inc. be taxed? Informace of rendedor 31, 2012, come per comfort came M1.000 Preferring and comme Plenere feresse DeCA A For Premios Net Income To Pups SH Tehh 11 Ofico SS.COM The following information has been wide Mature women in 200CM Pro end had been here that became to the kapitan errone e come The presse wird in the led to . 000 2.70 Grande former www on www 2017 and wiltro 2.300 hech 14) Continued brownies sem RELIG BON 4 Aure the parar elapse Curitian Creatist name RIGUARD congue the Federal Partion and was for the tiny w for the two NOTES 1. U themed to represent the credit to our

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