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Changes in Physical Functioning That Are Due to Illness,health Habits,and

question 97

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Changes in physical functioning that are due to illness,health habits,and other individual differences,but which are not due to increased age itself and are not inevitable,are called


Definitions:

Capital Gains

The profit that results from selling an asset for more than its purchase price, often related to investments or real estate.

Non-Eligible Dividends

are dividends that come from earnings that have not been taxed at the general corporate rate, often receiving less favorable tax treatment than eligible dividends.

Marginal Provincial Tax Rate

The rate at which your next dollar of taxable income would be taxed, specific to the province in the context of Canadian taxation.

Provincial Tax Rates

The percentage rate at which income, goods, services, and transactions are taxed by individual provinces or territories in Canada.

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