All these questions ture or false.

1) A partnership is a taxable entity for income tax purposes.

2)partnership is a taxable entity for GST purposes.

3)In general, provincial income taxes for individuals are based on a specified percentage of federal income tax payable.

4)The federal government does not collect personal or corporate income taxes for Ontario or Quebec.

5)A major advantage of progressive tax rates is that their use encourages economic growth .

6)Tax expenditures are less costly to administer than direct funding programs.

7) Part I of the ITA is the largest and most important part.

8)The citation ITA 61(4)(b)(ii) would be read Paragraph 61, Subparagraph 4, Section b, Subsection ii.

9)Any taxpayer can choose the calendar year as their taxation year.

10)Because the taxation year of an individual must be based on the calendar year, all individuals will have the same filing due date.