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Discuss why a company really needs and benefits from competitors.
Average Provincial Tax Rate
The Average Provincial Tax Rate is the average rate of tax imposed by a province on income, which can vary depending on the income level and specific province.
Average Tax Rate
The ratio of total taxes paid to total income, representing the percentage of income paid in taxes.
Capital Gains
The profit earned from the sale of an asset that has increased in value over the holding period, subject to taxation.
Non-Eligible Dividends
Dividends paid from income that has not been taxed at the corporate level, often subject to a different tax rate on the recipient's end.
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