Question: 2 2 . A CCPC has Taxable Capital Employed in Canada for the 2 0 1 8 year of $ 1 4 million, and $

22. A CCPC has Taxable Capital Employed in Canada for the 2018 year of $14 million, and $13.5 million for the 2019 year. The company has Canadian active business income of $535,000, Taxable Income of $435,000, and no foreign income. It is not associated with any other CCPC. What is the 2019 annual business limit reduction for this company? A. $304,500. B. $350,000. C. $348,000. D. $400,000.23.

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