Tax law questions and answers in August 2021

In normal times, healthcare resources are allocated on the basis of need. Those in most need of care go to the front of the queue. Clinicians are used to making difficult decisions about who gets whic...
The following information relates to RAS Limited for the 2020 taxation year: Taxable income $750,000 Small business deduction 76,000 Part I tax payable 102,500 Net taxable capital gains on active busi...