QUESTION 1 6 MARKS

Identify the appropriate provision of the Act which deals with each of the following listed items: Be as specific as possible in citing the reference (Part, Division, Subdivision, Section, Subsection, etc)

Deduction for annual professional membership dues paid by an employee

Definition of a parent under the Act

Definition of taxable capital gain

QUESTION 2 12 MARKS

Read the provision 212(1) and respond to the following:

Who is subjected to this provision?

What activity, event or condition must be met for the provision to apply?

What is the consequence of the activity or event to the subject person?

What is the time frame for the application of this provision?