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Tag Archives: small business deductions and accounting solutions in alberta edmonton calgary red deer accountable business services abs absprof canada

The Small Business Deduction is a Canadian Income Tax (T2) Deduction available to Businesses that were Canadian-Controlled Private Corporations (CCPCs) throughout a particular Tax (T2) year. It cuts back the Part I Tax (T2) that a corporation would have to pay otherwise. CCPC is a private corporation that is incorporated in Canada (Canadian resident) with […]