Mr. YorkeYorke is the sole owner of Aquebogue Ltd. and Brookville Inc. Mr. YorkeYorke also owns 1212% of the shares of Centre Ltd., which is not an associated company. All three corporations are CCPCs, and each has at least $ 630 comma 000$630,000 of active business income earned in Canada.

What is the total amount of income eligible for the SBD when the income of all three corporations are considered?  

Answer rating: 100% (QA)

To determine the total amount of income eligible for the Small Business Deduction SBD when consideri... View the full answer