Mateo Lopez is not a resident of Canada. For the current year, Mateo has worldwide income of

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Mateo Lopez is not a resident of Canada. For the current year, Mateo has worldwide income of $120,000, including $15,000 of employment income earned in Canada and $2,000 of interest received from Canadian banks. The remainder of his income is from sources outside of Canada. 

What amount of income must be reported on Mateo’s Canadian personal income tax return for the current year?

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Canadian Income Taxation 2022/2023

ISBN: 9781260881202

25th Edition

Authors: William Buckwold, Joan Kitunen, Matthew Roman

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