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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?
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?
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?
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
