Examlex
Which of the following statements is true?
Net Income
After accounting for all costs and paying taxes, the remaining revenue that constitutes a company's profit.
Marginal Tax Rates
The rate at which your last dollar of income is taxed, representing the percentage of tax applied to your income for each tax bracket in which you qualify.
Eligible Dividends
Dividends designated by a corporation to be eligible for a reduced tax rate in the hands of individual Canadian shareholders.
Interest Income
Income earned from deposit accounts or investments through the receipt of interest payments.
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