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Question 500 - CTFA discussion

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Tax Act states that:

A.
A life insurer is subject to an investment income tax of 15 percent on its 'net Canadian life investment income
Answers
A.
A life insurer is subject to an investment income tax of 15 percent on its 'net Canadian life investment income
B.
A life insurer is subject to an investment income tax of 25 percent on its 'net Canadian life investment income
Answers
B.
A life insurer is subject to an investment income tax of 25 percent on its 'net Canadian life investment income
C.
A life insurer is subject to an investment income tax of 35 percent on its 'net Canadian life investment income
Answers
C.
A life insurer is subject to an investment income tax of 35 percent on its 'net Canadian life investment income
D.
A life insurer is subject to an investment income tax of 45 percent on its 'net Canadian life investment income
Answers
D.
A life insurer is subject to an investment income tax of 45 percent on its 'net Canadian life investment income
Suggested answer: A
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asked 16/09/2024
Ivan Dujmic
52 questions
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