1. Which of the following groups of entities are all subject to taxation on income? A Individuals, proprietorships and corporations B: Individuals, trusts and corporations C: Proprietorships, corporations and trusts D: Individuals, partnerships and corporations 2 All the following statements are true, except A Canadian residents must report their worldwide income for tax purposes B: If an individual is a resident of Canada for part of the calendar year, that individual only has to report his or her worldwide income during the period of C. An individual who immigrates to Canada during the year is a resident of Canada for tax purposes for the il calendar year D. An individual can be a resident of Canada for tax purposes, even if she is not a Canadian citizen 3. A partnership can be a taxable entity for income tax purposes True or False 4. Tax avoidance is deliberately ignoring a specific provision in the Income Taxis True or False 5. Ms. Burke had employment income of $52.100 a loss from her unincorporated business of $51.000 and interest income of 8.200. As the result of dispositions of capital property, she had capital gains of $22.400 and capital losses of $28.200. During the year she also paid childcare costs of $3.100 and paid spousal support to her ex-husband of $5,100 Based on the above information answer the following three (3) questions 00 Ms. Burke's total income under ITA 31) A: $1,100 B 59,300 C: 552, 100 D: $60,300 Mrs. Burke's income under ITA 3(b) and allowable capital loss carry over are: Anl () and $5.800 B. negative $5,800 and $0 C:n (50) and $2.900 D: negative $2900 and 50 6) Ms. Burkey Net Income for Tax Purposes is A: A loss of $4,700 8.51,100 C: A loss of $1.800 D: $0 6. An individual was required to make instalments payments for 2020 it their net tax owing in 2020 is more than $3,000 and they had met tax owing in 2019 of $2.800 and in 2018 of $1500 True or False 7. John Smithran a small unincorporated business. His income tax retum and balance owing for the 2020 taxation year must be filed and paid by April 30 2021 True or False 8. Which of the following considerations is not relevant in the determination of whether an individual performing work is an employee or an independent contractor? A) Opportunity for profit B) Hours per week spent at the work site C) Ability to subcontract to others D Ownership of tools 9. Mary Smith is employed at XYZ Limited, a manufacturer of party supplies. During the year she received various benefits from her employer. These included gift Certificates to Hudson Bay Store valued at $300 a cash performance award for exceeding her sales target of $200 a 10% discount on all her purchases (worth $500) which was available to all employees a wedding gift of $300 a holiday gift fruit basket) worth $400 and the payment of her private health care premiums worth $500. Her employer also contributed $3.000 into her Registered Pension Plan (RPP) during the year. Based on the above information answer the following three (3) questions 0) The payment of the private health care premium must be included in income True or False The contribution made by the employer to Mary's registered pension plan must be included in income True of False The total value of the gifts and awards which must be included in income as a taxable benefit is: A) $1.500 B) $1.200 C) $700 D) $500 10. Which of the following groups or factors are used by the courts to determine a taxpayer's status as an employee or self-employed contractor? A) Intent, control test ownership of tools, number of hours worked por week B) Intentability to subcontract test the type of work being undertaken. ownership of tools test C) Intent control test, ownership to tools test, opportunity for profit D) Intentability to subcontract test, the location of the work site, opportunity for profit 11. Which of the following benefits provided by an employer is considered part of employment income? A Subsidized meats provided in the employer's facilities B) Low rent housing Promiums under private health service plans D) Uniforms and special clothing