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

Question 54

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 earnings taxed at the rate of 26%? A) $497 B) $5639 C) $8960 D) $7955 E) $31 200 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 earnings taxed at the rate of 26%?


A) $497
B) $5639
C) $8960
D) $7955
E) $31 200

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