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WebJan 25, 2010 · "Applicable Interest Rate" means, at any time, the rate of interest per annum equal to the rate which the principal office of the Canadian Imperial Bank of Commerce in Toronto, Ontario quotes, publishes and refers to as its "prime rate" and which is its reference rate of interest for loans in Canadian dollars made in Canada to Canadian borrowers plus … WebIf a Sole Proprietorship has two income sources, one being $100,000 and the other being the $30,000 business, how does this affect income and taxes paid? I assume your gross income would be $130,000 ($100,000 + $30,000) but then you can deduct $30,000 and your net income would be $100,000 minus taxes, so for Ontario lets say $72,000 after ... WebWhat's new for small businesses and self-employed. Business income includes money you earn from a: profession. trade. manufacture or. undertaking of any kind, an adventure or … lithium battery fields