Marco lives in a province where the province levies a provincial health tax to employers to help
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Question:
Marco lives in a province where the province levies a provincial health tax to employers to help cover the cost of provincial health insurance. What is the tax implication for Marco? Question 5 options: The cost is charged by the employer as a taxable benefit to Marco There is no income tax consequence Marco is charged a taxable benefit for any services he uses under the plan Marco's employer has the option as to whether or not the cost is treated as a taxable benefit to him
Related Book For
Introduction To Federal Income Taxation In Canada
ISBN: 9781554965021
33rd Edition
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
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