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The Table Below Shows 2015 Federal Income-Tax Rates in Canada

Question 18

Multiple Choice

The table below shows 2015 federal income-tax rates in Canada.
The table below shows 2015 federal income-tax rates in Canada. TABLE 18-1 -Refer to Table 18-1.If an individual had a taxable income of $120 000,how much federal tax would be due from the portion of earnings taxed at the maximum rate of 29%? A) $0 B) $1817 C) $8003 D) $23 621 E) $34 800 TABLE 18-1
-Refer to Table 18-1.If an individual had a taxable income of $120 000,how much federal tax would be due from the portion of earnings taxed at the maximum rate of 29%?


A) $0
B) $1817
C) $8003
D) $23 621
E) $34 800

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