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Calgary Corporation Has Permanent Establishments in Alberta, British Columbia and Seattle

Question 24

Multiple Choice

Calgary Corporation has permanent establishments in Alberta, British Columbia and Seattle in the United States. Gross revenues, Net Income and salaries and wages for each permanent establishment are: Calgary Corporation has permanent establishments in Alberta, British Columbia and Seattle in the United States. Gross revenues, Net Income and salaries and wages for each permanent establishment are:   For the purposes of calculating the federal tax abatement, the percentage of income allocated to a Canadian province would be: A) 64.79%. B) 65.72%. C) 70.63%. D) 71.57%. For the purposes of calculating the federal tax abatement, the percentage of income allocated to a Canadian province would be:


A) 64.79%.
B) 65.72%.
C) 70.63%.
D) 71.57%.

Correct Answer:

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