3. In general, provincial taxes are based on a specified percentage of federal tax payable. True or False? 4. The federal government does not collect personal or corporate taxes for Ontario or Quebec. True or False? 5. Part I of the Income Tax Act is the largest and most important part. True or False? 6. The citation ITA 61(4)(b)(ii) would be read Paragraph 61, Subparagraph 4, Section b, Subsection ii. True or False? 7. An income tax is payable for each taxation year on the Taxable Income of every person resident in Canada at any time in the year. True or False? B. Any taxpayer can choose the calendar year as their taxation year