What is the purpose behind the small business deduction

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Question (1) What is the purpose behind the small business deduction?

Question (2) Is this deduction a savings or a deferral? Explain

Question (3) The purpose behind the components of the calculation.

Question (4) The purpose behind the associated company rules.

Question (5) If income is over the annual business limit should the company declare a bonus to reduce the income back down to the annual business limit?

Reference no: EM132946153

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