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Which of the following is not a tax benefit of an urban reserve? a) Status Indian employees of businesses on urban reserves do not have to pay provincial or federal taxes on income earned on reserve. b)Businesses owned by First Nations bands or individuals do not have to collect federal payroll

Which of the following is not a tax benefit of an urban reserve? a) Status Indian employees of businesses on urban reserves do not have to pay provincial or federal taxes on income earned on reserve. b)Businesses owned by First Nations bands or individuals do not have to collect federal payroll

FINANCIAL ACCOUNTING
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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Which of the following is not a tax benefit of an urban reserve? a) Status Indian employees of businesses on urban reserves do not have to pay provincial or federal taxes on income earned on reserve. b)Businesses owned by First Nations bands or individuals do not have to collect federal payroll taxes for status Indian employees working on the reserve. c) Businesses owned by First Nations bands or individuals do not have to charge GST or PST to non-Indigenous customers.
Transcribed Image Text:Which of the following is not a tax benefit of an urban reserve? a) Status Indian employees of businesses on urban reserves do not have to pay provincial or federal taxes on income earned on reserve. b)Businesses owned by First Nations bands or individuals do not have to collect federal payroll taxes for status Indian employees working on the reserve. c) Businesses owned by First Nations bands or individuals do not have to charge GST or PST to non-Indigenous customers.
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