The amount earned in a Tax Free Savings Account (TFSA) is not subject to taxation; however, the withdrawals from a TFSA are taxed in the hands of the recipient. a) True b) False ) Question 4 (1 point) All corporations must file their tax returns no later than six months after the end of their fiscal year and pay any balance of tax owing no later than three months after the end of their fiscal year. a) True b) False