Which of the following is NOT one of the criteria for a CCPC to be considered a small CCPC eligible to pay instalments on a quarterly basis?
A)Taxable income cannot exceed $500,000 for the corporation and its associated corporations for the current taxation year and the two previous years.
B)The corporation has claimed the small business deduction in the current or previous year.
C)The corporation has a perfect compliance record during the last 12 months.
D)The corporation and its associated corporations do not have Taxable Capital Employed in Canada that exceeds $10 million for the current or previous year.

Question

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The Answer of Which of the following is NOT one of the criteria for a CCPC to be considered a small CCPC eligible to pay instalments on a quarterly basis?
A)Taxable income cannot exceed $500,000 for the corporation and its associated corporations for the current taxation year and the two previous years.
B)The corporation has claimed the small business deduction in the current or previous year.
C)The corporation has a perfect compliance record during the last 12 months.
D)The corporation and its associated corporations do not have Taxable Capital Employed in Canada that exceeds $10 million for the current or previous year.

Which of the Following Is NOT One of the Criteria