Indicate whether the income amounts described would be subject to Canadian taxation. Your answer should explain...

   

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Indicate whether the income amounts described would be subject to Canadian taxation. Your answer should explain whether the person is a Canadian resident. Explain the basis for your conclusions. Daniel Bourne is a US citizen who lives in Fargo, North Dakota. For many years, he has had a cottage on Manitoba's Lake Winnipeg. He visits the cabin regularly during the spring and summer months and spent a total of 178 days at the cabin and another 12 touring British Columbia in August of 2017. The remainder of the year he spends in North Dakota where he received $38000US as pension income from his former work as a banker. of receiving these amounts in 2017: i) Hotel Accommodation Allowance Paid per Work Travel Day: Actual Cost of Hotels for Employee While Travelling per Day: ii) Vehicle Allowance per KM for Work Purposes: What are the tax consequences $500 $100 $0.40 (First 5,000 KM) Mark Mayer earns only pension income in the year and filed his 2017 personal income tax return. His spouse Julie Mayer who operates Julie's Beauty Salon also filed her 2017 personal income tax return. The CRA sent Mark a Notice of Assessment dated May 14, 2018. Mark disagrees with the Notice of Assessment and wishes to file a Notice of Objection. What is the latest date the Mark can file the Notice of Objection given the following information. Date the taxpayer file his 2017 Income Tax Return Date spouse filed her 2017 Income Tax Return Date of the Notice of Assessment: March 17, 2018 April 2, 2018 May 7, 2018 Indicate whether the income amounts described would be subject to Canadian taxation. Your answer should explain whether the person is a Canadian resident. Explain the basis for your conclusions. Daniel Bourne is a US citizen who lives in Fargo, North Dakota. For many years, he has had a cottage on Manitoba's Lake Winnipeg. He visits the cabin regularly during the spring and summer months and spent a total of 178 days at the cabin and another 12 touring British Columbia in August of 2017. The remainder of the year he spends in North Dakota where he received $38000US as pension income from his former work as a banker. of receiving these amounts in 2017: i) Hotel Accommodation Allowance Paid per Work Travel Day: Actual Cost of Hotels for Employee While Travelling per Day: ii) Vehicle Allowance per KM for Work Purposes: What are the tax consequences $500 $100 $0.40 (First 5,000 KM) Mark Mayer earns only pension income in the year and filed his 2017 personal income tax return. His spouse Julie Mayer who operates Julie's Beauty Salon also filed her 2017 personal income tax return. The CRA sent Mark a Notice of Assessment dated May 14, 2018. Mark disagrees with the Notice of Assessment and wishes to file a Notice of Objection. What is the latest date the Mark can file the Notice of Objection given the following information. Date the taxpayer file his 2017 Income Tax Return Date spouse filed her 2017 Income Tax Return Date of the Notice of Assessment: March 17, 2018 April 2, 2018 May 7, 2018

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1 Income derived from sources within Canada Based on the information provided Daniel Bournes cottage on Lake Winnipeg is located in Manitoba Canada If ... View the full answer