Calculate federal and provincial tax payable

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Problem 1: During 2019, Joan Matel is a resident of Ontario and has calculated her Taxable Income to be $56,700. Assume that Ontario's rates are 5.05 percent on Taxable Income up to $47,630 and 9.15 percent on the next $47,629. Calculate her 2019 federal and provincial Tax Payable before consideration of credits, and her average rate of tax.

Reference no: EM132694076

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