Calculate the annual tax payable

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Problem - EHT premium - In Ontario the Employer Health Tax (EHT) rates must be applied based on the employer's annual gross total Ontario remuneration. There is an exemption of $450,000.00 to be applied before calculating the tax payable. Sounders Company has an Annual Gross Total Ontario Remuneration of $ 680,000.00 and they are eligible for the exemption. Calculate the annual tax payable?

Reference no: EM132872349

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