BKC definition
Examples of BKC in a sentence
BKC also reserves the right to stop the payment of assignment allowances or deduct outstanding balances from bonus or termination payments in order to collect unpaid equalization balances.
Tax equalization calculations are prepared by the BKC-designated tax consultant to ensure consistency and proper application of BKC policy.
BKC and the designated tax consultant will determine the appropriate withholding rate on such items.
However, where the executive is taxed on investment income in Canada due to no action taken by the executive, BKC will tax equalize up to $50,000 of this income.
The BKC-designated tax consultant will send BKC a copy of the summary tax data from the equalization for processing at the time the equalization is mailed or delivered to the executive.