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As a Sole Proprietor, Your Taxes Are

Question 5

Multiple Choice

As a sole proprietor, your taxes are:


A) More complex, compared to a corporation.
B) Declared on a separate form provided by Revenue Canada.
C) Fairly simple, since your business income is declared on your personal tax return.
D) Paid in installments throughout the year, but keep separate from your personal employment income.

Correct Answer:

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