What is the amount of the grr for ciprog


Problem: Ciprog Inc. is a CCPC with a December 31 year end. Ciprog is associated with another corporation and has been allocated $400,000 of the business limit. Information for the current year: Taxable income: $650,000 AII: $40,000 Foreign income: nil What is the amount of the GRR for Ciprog?

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Taxation: What is the amount of the grr for ciprog
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