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September 22nd, 2013, 06:28 PM   #1
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Finance tax question

I have a finance question in regards to tax:

In Quebec, provincial tax rates are 16% on the first $40,100; 20% on the next $40,100; and 24% on any income after that. If a Quebec resident earns an income of $102,000, then determine the total tax paid?
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September 22nd, 2013, 08:17 PM   #2
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Re: Finance tax question

Looks pretty straightforward. Where are you stuck?
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September 22nd, 2013, 08:37 PM   #3
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Re: Finance tax question

Quote:
Originally Posted by financegirlques
In Quebec, provincial tax rates are 16% on the first $40,100; 20% on the next $40,100; and 24% on any income after that. If a Quebec resident earns an income of $102,000, then determine the total tax paid?
Move to Ontario
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