TAX QUESTIONS? YOU ASK LAH!

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Q: I am a partner in a limited liability partnership (PLT) and I receive monthly salary from the PLT. Is the monthly salary subject to monthly tax deduction (MTD)? 

A: Yes, a partner in an LLP is considered as an employee and the salary received is subject to MTD. 


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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