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Dr . Richard Dawkins, a resident of Canada, had various cash inflows and deductions during the tax year. Using the values provided and referring to
Dr Richard Dawkins, a resident of Canada, had various cash inflows and deductions during the tax year. Using the values provided and referring to ITA sections abc etc. correctly classify each item below and calculate the taxable income.
Items with values:
Salary from his job at ABC Corp. $
Sale of a vintage car at a profit $
Rent received from his secondary home $ annually
Stock trading loss $
RRSP contribution $
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