QUESTION 2 Which of the following items is DEDUCTIBLE by Canadian taxpayers in the computation of...

 
 

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QUESTION 2 Which of the following items is DEDUCTIBLE by Canadian taxpayers in the computation of income from business or property in Subdivision b of Division B of the Act? a. Interest expenses on a loan to invest in a registered retirement savings plan. b. Commissions paid on the purchase of an investment in common shares. c. The premium paid on a $100,000 term life insurance policy on the purchase a $100,000 investment in common shares. d. Commissions paid on the sale of an investment in common shares. payer's life which is required as collateral for a $100,000 bank loan used to QUESTION 2 Which of the following items is DEDUCTIBLE by Canadian taxpayers in the computation of income from business or property in Subdivision b of Division B of the Act? a. Interest expenses on a loan to invest in a registered retirement savings plan. b. Commissions paid on the purchase of an investment in common shares. c. The premium paid on a $100,000 term life insurance policy on the purchase a $100,000 investment in common shares. d. Commissions paid on the sale of an investment in common shares. payer's life which is required as collateral for a $100,000 bank loan used to

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