Podcast
Questions and Answers
Which tax is usually based on the previous year's income taxes and should be remitted in quarterly installments?
Which tax is usually based on the previous year's income taxes and should be remitted in quarterly installments?
- Corporate taxes
- Personal income tax (correct)
- Provincial sales tax (PST)
- Quebec Sales Tax (QST)
In which provinces is Provincial sales tax (PST) applicable?
In which provinces is Provincial sales tax (PST) applicable?
- Yukon, Northwest Territories, and Nunavut
- Ontario, Alberta, and Quebec
- British Columbia, Manitoba, and Saskatchewan (correct)
- Nova Scotia, New Brunswick, and Prince Edward Island
When should corporate taxes be remitted if the architectural practice is incorporated?
When should corporate taxes be remitted if the architectural practice is incorporated?
- Annually
- Biannually
- Quarterly (correct)
- Monthly
Which of the following is NOT considered when determining compensation for professionals in an architect's office?
Which of the following is NOT considered when determining compensation for professionals in an architect's office?
What are the sources of information on standard levels of compensation for professionals in an architect's office?
What are the sources of information on standard levels of compensation for professionals in an architect's office?
Which taxes must be considered in the financial management of an architectural practice?
Which taxes must be considered in the financial management of an architectural practice?