For the current year, Mary sojourned in Canada for 210 days. Also, for the current year,...

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For the current year, Mary sojourned in Canada for 210 days.Also, for the current year, Steve, a long-time resident of Quebec,was living in Canada for the first 210 days in 2020, after which hepermanently departed from Canada. Explain how these two individualswill be taxed in Canada.

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Both are deemed to be residednd in Canada and will be taxed accordingly If you are a deemed resident of Canada for the tax year you are subject to federal tax and instead of paying provincial or territorial tax youll See Answer

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For the current year, Mary sojourned in Canada for 210 days.Also, for the current year, Steve, a long-time resident of Quebec,was living in Canada for the first 210 days in 2020, after which hepermanently departed from Canada. Explain how these two individualswill be taxed in Canada.

For the current year, Mary sojourned in Canada for 210 days. Also, for the current year,...

70.2K

Verified Solution

Question

Accounting

For the current year, Mary sojourned in Canada for 210 days.Also, for the current year, Steve, a long-time resident of Quebec,was living in Canada for the first 210 days in 2020, after which hepermanently departed from Canada. Explain how these two individualswill be taxed in Canada.

Answer & Explanation Solved by verified expert

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