D Inc.'s income for the current year consists of interest income of $6,000, a taxable capital...

  

 

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D Inc.'s income for the current year consists of interest income of $6,000, a taxable capital gain of $20,000 and a business loss of $30,000. D Inc. has net capital losses of $25,000 incurred two years ago. What is the maximum non-capital loss for the current year? Note: Do not place a minus sign in front of the amount. M Inc., a Canadian public corporation, carries on business across Canada. In the current year M Inc. has taxable income of $300,000. What is the amount of federal tax payable? B Inc. has net income of $30,000 for the current year, including dividends received from taxable Canadian corporations of $2,000 and taxable capital gains of $3,000. B Inc. donated $25,000 to a registered charity during the year. B Inc. has net capital losses of $8,000 incurred last year. What is B Inc.'s minimum taxable income for the current year? D Inc.'s income for the current year consists of interest income of $6,000, a taxable capital gain of $20,000 and a business loss of $30,000. D Inc. has net capital losses of $25,000 incurred two years ago. What is the maximum non-capital loss for the current year? Note: Do not place a minus sign in front of the amount. M Inc., a Canadian public corporation, carries on business across Canada. In the current year M Inc. has taxable income of $300,000. What is the amount of federal tax payable? B Inc. has net income of $30,000 for the current year, including dividends received from taxable Canadian corporations of $2,000 and taxable capital gains of $3,000. B Inc. donated $25,000 to a registered charity during the year. B Inc. has net capital losses of $8,000 incurred last year. What is B Inc.'s minimum taxable income for the current year?