Question
Question 6 Worker's compensation payments, social assistance payments, net federal supplements, income exempt by treaty? Question 6 options: True False Question 7 Why is Canada's
Question 6
Worker's compensation payments, social assistance payments, net federal supplements, income exempt by treaty?
Question 6 options:
True | |
False |
Question 7
Why is Canada's tax system called a progressice system?
Question 7 options:
|
It imposes low rates on low incomes and high rates of tax on high incomes.
|
|
Low income individual do not pay tax.
|
|
High income individual pay high rates and have high personal tax credits.
|
|
The taxable income is higher the lower tax rates.
|
Question 8
The main section of T1 General are Identification and other information, including Elections question and foreign property question; total Income; Net Income; Taxable Income, and refund or balance owing.
Question 8 options:
True | |
False |
Question 9
Neither Ben nor his wife is self-employes. What is the due date forBen's 2021 Return?
Question 9 options:
|
April 30, 2022
|
|
June 15, 2022
|
|
June 30, 2022
|
|
March 30, 2022
|
Question 10
Citizenship is more important factor in determining whether an individiual's income is subject to Canadian tax.
Question 10 options:
True | |
False |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started