Calculate the Tax Difference Between a British Columbia Resident and an Alberta

question 402

Multiple Choice

Calculate the tax difference between a British Columbia resident and an Alberta resident both having $20,000 in capital gains and $10,000 in eligible dividends.

• A) British Columbia resident would pay $1,919.00 more than the Alberta resident.
• B) British Columbia resident would pay $1,919.00 less than the Alberta resident.
• C) British Columbia resident would pay $1,619.00 more than the Alberta resident.
• D) British Columbia resident would pay $1,619.00 less than the Alberta resident.
• E) There are no tax differences between the two tax payers.

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