Calculate aggregate investment income


Question: Josen Inc. is a CCPC with a December 31 year-end. The following information is provided about Josen Inc.'s income for the current year: Canadian source interest income $ 15,000 Foreign source interest income $ 8,500 Active business income $255,882 Dividends from taxable Canadian corporations $ 32,400 Net rental loss $ (4,800) Capital gains $12,600 Capital losses $ (4,200) Required: Calculate aggregate investment income for Josen Inc. for the current taxation year.

 

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Accounting Basics: Calculate aggregate investment income
Reference No:- TGS03417654

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