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Unformatted text preview: There is no taxable income in the current year, and taxes payable are currently $nil. Determine: The amount of Investment Tax Credits for 2010. The amount of refundable ITCs for 2010. What is the appropriate treatment of the non-refundable portion? How will these tax credits affect income in 2011?...
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This note was uploaded on 01/31/2011 for the course MOS 4462 taught by Professor Ann during the Fall '10 term at UWO.
- Fall '10