Non Resident file Canadian income tax returns and pay tax on certain types of income. Which of
Question:
Non Resident file Canadian income tax returns and pay tax on certain types of income.
Which of the following statements is true regarding a non-resident individual's eligibility to claim non-refundable tax credits?
Group of answer choices
1. The individual can claim a personal tax credit if 50% or more of his/her worldwide income for the year is included in taxable income earned in Canada, and can claim a charitable gift credit.
2. The individual cannot claim a personal credit but can claim a charitable gift credit.
3. The individual can claim a personal tax credit if 90% or more of his/her worldwide income for the year is included in taxable income earned in Canada, and can claim a charitable gift credit.
4 The individual is not entitled to claim any credits.
South Western Federal Taxation 2020 Corporations, Partnerships, Estates and Trusts
ISBN: 9780357109168
43rd edition
Authors: William A. Raabe, James C. Young, William H. Hoffman, Annette Nellen, David M. Maloney