ACCO 340 Lecture 20: SOLUTIONS of Assigned problems AP
5 Jun 2016
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Mr. leduc would be considered a part year resident and would only be assessed for canadian income taxes on worldwide income during the portion of the year prior to his ceasing to be a resident of canada. S5-f1-c1 indicates that, in general, the cra will view an individual as becoming a non-resident on the latest of three dates: The date the individual"s spouse or common-law partner and dependants leave canada. The date the individual becomes a resident of another country. While mr. leduc departed from canada on february 12th, he will be considered a canadian resident until his family"s departure on june 20th. The fact that his family remained in canada would lead to this conclusion. While not essential to this conclusion, the fact that he did not sell his canadian residence until that date would provide additional support. His canadian salary from january 1 to february 11 would be subject to canadian taxes.
