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First Nations Income Tax Exemptions Knowledge Check

Sharpen your first nations income tax exemptions skills with algorithmically generated problems. Each attempt produces unique values to test your formula knowledge.

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Peter, a Status Indian, generated $85000 in net income from his consulting business operated solely on his reserve. He also received $4000 in dividends from shares of a publicly traded company, held in an off-reserve brokerage account. What is his total tax-exempt income?

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