Multiple Choice
Calculate the tax difference between a British Columbia resident and a Quebec resident both having $20,000 in interest income and $25,000 in capital gains.
A) British Columbia resident would pay $1,356.50 less than the Quebec resident.
B) British Columbia resident would pay $1,356.50 more than the Quebec resident.
C) British Columbia resident would pay $2,456.50 less than the Quebec resident.
D) British Columbia resident would pay $2,456.50 more than the Quebec resident.
E) There are no tax differences between the two tax payers.
Correct Answer:

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Correct Answer:
Verified
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