CORP Inc is a CCPC and has the year-end of December 31, 2022. CORP Inc. accounting net income is $730.948 in 2022. The company's only property income was a $20,000 capital gain on a holding of short term property investments which is included in the accounting net income. In the beginning of the year ending December 31, 2022, the company had a net capital loss carry forward balance of $7.000. 

What is the minimum taxable income for CORP. for the year-ended December 31, 2022?

Answer rating: 100% (QA)

To determine the minimum taxable income for CORP Inc for the yearended December 31 2022 ... View the full answer