5. Gabriella Martin is planning to sell a piece of capital equipment which can be sold for more than its cost. She wants to defer the reporting of the capital gain. If she waits until after her company's year-end to sell it, she is engaging in what? (1 mark) a) Tax evasion. b) Tax avoidance. c) Potential application of the General Anti-Avoidance Rule (GAAR). d) Tax planning. 6. Which of the following groups of factors are used by the courts in order to determine a taxpayer's status as an employee or a self-employed contractor? (1 mark) a. Integration test, control test, ownership of tools test, number of hours worked per week; b. Integration test, ability to subcontract test, the type of work being undertaken, ownership of tools test; c. Integration test, control test, ownership of tools test, opportunity for profit; d. Integration test, ability to subcontract test, the location of the work site, opportunity for profit. 7. During 2019, Nishma receives from her current employer the following: . A $400 gift certificate for online retailer Amazon. A $600 reclining easy chair for outstanding customer service during the year. A set of 4 coffee mugs with the employer's logo etched on the side. These mugs cost the employer $20. An Easter basket of gourmet treats valued at $245. A cash award of $300 in recognition of 10 years of service with the employer. What is the amount that will be included in Nishma's 2019 Net Income For Tax Purposes due to the gifts ? (1 mark) a. $1,300 b. $800. C. $1,000 d. $700