For the three taxation years ending December the taxpayer's combined federal and provincialterritorial income tax payable was as shown in the accompanying table.
ciew the combined taxes bavable
View the cases.
Read the requirements.
Requirement Indicate whether instalments are required during Provide a brief explanation of your conclusion. This explanation should be provided even if the amount of the requ instalments is nil.
Indicate whether instalments are required during in Case One.
A Instalments are required because the net tax owing exceeds $ in the current year as well as both of the previous two years.
B Instalments are required because the net tax owing exceeds $ in the current year and one of the two preceding years.
C Instalments are not required because the net tax owing exceeds $ in the current year but only one of the two preceding years.
D Instalments are not required because the net tax owing does not exceed $ in the current year.
Indicate whether instalments are required during in Case Two.
A Instalments are required because the net tax owing exceeds $ in the current year.
B Instalments are not required because the net tax owing does not exceed $ in the current year.
C Instalments are required because the net tax owing exceeds $ in the current year and one of the two preceding years.
D Instalments are required because the net tax owing exceeds $ in the current year as well as both of the previous two years.
Indicate whether instalments are required during in Case Three.
A Instalments are not required because the tax payable exceeds $ in the current year but only one of the two preceding years.
B Instalments are required because the tax payable exceeds $ in the current year as well as the preceding year.
C Instalments are not required because the tax payable does not exceed $ in the current year.
