Question: Q 1 . ( 2 0 marks ) Jonathan has purchased several companies stock on Toronto Stock Exchange. By the end of 2 0 2

Q1.(20 marks) Jonathan has purchased several companies stock on Toronto Stock Exchange. By the end of 2024, he has received dividends all his invested shares. Jonathan has received $5,000 from Public Corporation, $2,000 from Eligible Canadian Control Prive Corporation (CCPC). Jonathan also has received $3,000 divided from U.S. Stock after $600 tax withhold from foreign government. Assume Jonathan has 30% tax rate for year 2024. Calculate the taxable income, net Tax amount, and explain any tax purpose for Janathan regarding to 2024.

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