Tax Residency Quiz
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Questions and Answers

Which of the following is a significant residential tie that can determine an individual's residence status for tax purposes in Canada?

  • The individual's spouse or common-law partner (correct)
  • The individual's nationality
  • The individual's employment status
  • The individual's financial investments
  • Under what circumstances would an individual who has left Canada still be considered a factual resident of Canada for tax purposes?

  • If the individual has obtained citizenship in another country
  • If the individual is no longer employed in Canada
  • If the individual has severed all significant residential ties with Canada (correct)
  • If the individual has sold all financial investments in Canada
  • What is the determining factor for an individual's residence status in Canada for tax purposes?

  • The individual's maintenance of residential ties with Canada (correct)
  • The individual's financial investments
  • The individual's employment status
  • The individual's nationality
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