George Black lives in Manitoba, a non-participating province that has an 7% provincial sales tax During the current year, he purchanes a new Lexus tor $82.000 He receives a trade in allowance of $36,000 for his old vehicle. The GST/HST charged on his new vehicle would be equal to Select one O a $4,100. O b. $5,980 O c. $2,300. O d. $10,660. Clear my choice Activate Windows

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter2: Income Tax Concepts
Section: Chapter Questions
Problem 18P
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George Black lives in Manitoba, a non-participating province that has an 7% provincial sales tax. During the current year, he purchases a new Lexus for $82.000
He receives a trade in allowance of $36,000 for his old vehicle. The GST/HST charged on his new vehicle would be equal to
Select one
O a $4, 100.
b. $5,980
C. $2,300.
d. $10,660.
Activate Windows
Go to Settings to activate W
Clear my choice
Transcribed Image Text:George Black lives in Manitoba, a non-participating province that has an 7% provincial sales tax. During the current year, he purchases a new Lexus for $82.000 He receives a trade in allowance of $36,000 for his old vehicle. The GST/HST charged on his new vehicle would be equal to Select one O a $4, 100. b. $5,980 C. $2,300. d. $10,660. Activate Windows Go to Settings to activate W Clear my choice
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