K Ltd. paid an employee a tax-free travel allowance of $5,200 based on 9,000 kilometres of out-of-town

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K Ltd. paid an employee a tax-free travel allowance of $5,200 based on 9,000 kilometres of out-of-town driving. What amount can K deduct for tax purposes?

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Canadian Income Taxation planning and decision making

ISBN: 9781259094330

17th edition 2014-2015 version

Authors: Joan Kitunen, William Buckwold

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Posted Date: Sep 16, 2020 10:45 PM

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K Ltd. paid an employee a tax-free travel allowance of $5,200 based on 9,000 kilometres of out-of-town

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Canadian Income Taxation planning and decision making

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