Tania is an employee of ABC company earns $95,000/year. The contribution rate for CPP is 5.45%, the YMPE is $56,000 and the standard YBE applies. The provincial and federal tax credits rates are 10% and 15% respectively. Assume the MTR of the company is 45%,  What would be the tax benefit of ABC company for matching Tania's CPP contribution?

Answer rating: 100% (QA)

To calculate the tax benefit of the ABC company for matching Tanias CPP contribution we need to cons... View the full answer