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Select the item to complete the sentence correctly. Check your answers when you are finished. The objective states that the income tax system should not
Select the item to complete the sentence correctly. Check your answers when you are finished. The objective states that the income tax system should not interfere with the de- cision-making process of taxpayers. flexibility neutrality simplicity equity + international competitiveness Taxpayers in similar scenarios should be subject to similar amounts of income tax, according to the objective. The objective is deemed less important than other objectives in the Canadian in- come tax system, which is why the Income Tax Act has grown and become more complex since its inception in 1917. The objective ensures that individuals or businesses do not leave Canada for other jurisdictions with more favourable income tax rules and/or rates. The objective ensures that the income tax legislation in Canada has the ability to evolve and grow with the Canadian economy
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