Question: Please send the answer first and then add the explanations in the comments I need the answer fast. Thank you! During 2020, Mr. Dwayne Johnson
Please send the answer first and then add the explanations in the comments I need the answer fast. Thank you!
During 2020, Mr. Dwayne Johnson is provided with an automobile that is leased by his employer. The monthly payment on this lease is 543, including HST. During 2020, he drives the car a total of 35,000 kilometers, of which 11,541 are for personal use. The car is used by Mr. Johnson for 9 months during 2020.
Calculate Mr. Johnson's minimum taxable benefit for the use of the automobile.
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