Dianne works for a company located in Pierrefonds, Québec. She earns anannual salary of $53,274.00 and is paid on a semi-monthly basis. Hercompany pays 100% of the premiums for its employees' group term lifeinsurance coverage. The premiums the company pays for Dianne'scoverage are a non-cash taxable benefit of $32.00 per pay. Dianneparticipates in the company's group Registered Retirement Savings Planand contributes 5% of her salary to the plan every pay. She also pays$28.00 in union dues each pay. Her Québec deduction code is C.Determine Dianne's provincial income tax deduction per pay period.Your answer:

Solution:- Given, Dianne works for a company located in Pierrefonds, Quebec. Salary = $53,274…

Answered: Determine Dianne's provincial income…

Business

Accounting

Determine Dianne's provincial income tax deduction per pay period. Your answer:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Dianne works for a company located in Pierrefonds, Québec. She earns an
annual salary of $53,274.00 and is paid on a semi-monthly basis. Her
company pays 100% of the premiums for its employees' group term life
insurance coverage. The premiums the company pays for Dianne's
coverage are a non-cash taxable benefit of $32.00 per pay. Dianne
participates in the company's group Registered Retirement Savings Plan
and contributes 5% of her salary to the plan every pay. She also pays
$28.00 in union dues each pay. Her Québec deduction code is C.
Determine Dianne's provincial income tax deduction per pay period.
Your answer:

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