10. What is the capital gain inclusion rate for 2021? a) $0, capital gains are not taxable b) 75% of total gain c) 50% of total gain d) 100% of total gain, there is no special break for capital gains
10. What is the capital gain inclusion rate for 2021? a) $0, capital gains are not taxable b) 75% of total gain c) 50% of total gain d) 100% of total gain, there is no special break for capital gains
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:10. What is the capital gain inclusion rate for 2021?
a) $0, capital gains are not taxable
b) 75% of total gain
c) 50% of total gain
d) 100% of total gain, there is no special break for capital gains
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