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Unformatted text preview: Day. How will this sale change each of the following accounts? Pre-72 CSOH CDA Taxable surplus RDTOH 2. On January 2, 2010 Outrage Canoes Inc. , a CCPC, redeemed, on a pro-rate basis, 1,000 of its 2,000 outstanding redeemable preference shares at a premium of 20% above paid-up capital . There are no other shares outstanding. 3. Given the following information calculate the minumum possible 2010 Part I tax payable for this CCPC (there is an associated corporation which will take 25% of the Annual Business Limit). Show all calculations....
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This note was uploaded on 07/29/2011 for the course FMGT 1000 taught by Professor Jen during the Spring '11 term at British Columbia Institute of Technology.
- Spring '11