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What is the difference between non-refundable and refundable tax credits?

What is the difference between non-refundable and refundable tax credits?

by Anna Grigoryan | Feb 23, 2020 | Taxes

When filing your tax return, you can apply for various tax credits. Such credits can potentially reduce the amount of taxes you have to pay to the Canada Revenue Agency (CRA). What are refundable and non-refundable tax credits, and what is the difference between the...
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