Andrew English has agreed to play professional soccer with the Toronto Metros of the Canadian Soccer League.

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Andrew English has agreed to play professional soccer with the Toronto Metros of the Canadian Soccer League. Andrew lives in England and will be resident in Canada only for the five months of the soccer season. His three-year contract calls for an annual salary of $35,000. At the time of signing this contract in England, the Metros gave Andrew a signing bonus of $25,000. Andrew's agent was paid $3,000 to represent him in negotiating the contract. Andrew will earn C$100,000 playing soccer in England during the other seven months.
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Determine Andrew's Canadian income tax obligations. What deductions/credits may he claim against Canadian income?
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Introduction To Federal Income Taxation In Canada

ISBN: 9781554965021

33rd Edition

Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett

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