1. Partnerships, public corporations, private corporations, and trusts are required to file income tax returns. True or False, Answer: 2. Which of the following is not a taxable entity for income tax purposes? a. Lyton Inc., a Canadian private company b. John Lyton, a Canadian resident c. Mary Lyton, a Canadian citizen, living in Tokyo, Japan. d. The Lyton family trust. 3. Which of the following is not a factor in determining whether an individual has ceased to be a Canadian resident? a. The individual's spouse and dependent children reside in Canada. b. The individual is no longer physically present in Canada. c. The individual has become a resident of another country. d. The individual has given up his Canadian citizenship in order to become a citizen of another country. 4. With respect to the filing of an individual income tax return, which of the following statements is not correct? a. An individual is required to file a return if the individual's ties with the other country under a tax treaty are such that he or she is considered a resident of that other country. b. An individual is required to file a tax return if he has an outstanding balance under the home buyers' plan. c. If an individual has disposed of a capital property during the year, they are required to file an income tax return, even if no tax is payable. d. An individual is required to file an income tax return if they owe taxes for the year. 5. Under what circumstances must an individual file an income tax