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Calculate the Tax Difference Between a British Columbia Resident and an Alberta

Question 254

Multiple Choice

Calculate the tax difference between a British Columbia resident and an Alberta resident both having $20,000 in interest income and $25,000 in capital gains.  Combined marginal tax rates for individuals in top provincial tax brackets \textbf{ Combined marginal tax rates for individuals in top provincial tax brackets }
 Calculate the tax difference between a British Columbia resident and an Alberta resident both having $20,000 in interest income and $25,000 in capital gains.  \textbf{       Combined marginal tax rates for individuals in top provincial tax brackets   }    A)  British Columbia resident would pay $2,210.00 more than the Alberta resident. B)  British Columbia resident would pay $2,210.00 less than the Alberta resident. C)  British Columbia resident would pay $3,500.00 more than the Alberta resident. D)  British Columbia resident would pay $3,500.00 less than the Alberta resident. E)  There are no tax differences between the two tax payers.


A) British Columbia resident would pay $2,210.00 more than the Alberta resident.
B) British Columbia resident would pay $2,210.00 less than the Alberta resident.
C) British Columbia resident would pay $3,500.00 more than the Alberta resident.
D) British Columbia resident would pay $3,500.00 less than the Alberta resident.
E) There are no tax differences between the two tax payers.

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