Of the following individuals, who would be a resident or deemed resident of Canada for tax purposes this year? • Alex is a U.S. citizen who commutes each day to Canada for employment purposes.
• Bob is a U.S. citizen who lives in Canada during the week for employment purposes, but returns to the U.S. on weekends to the house he shares with his wife and children.
• Charles is a Canadian citizen who lived in Toronto until March of last year, at which time he left for a four year aid mission in Africa under an agreement with the Canadian International Development Agency.
• Dick is a Canadian citizen who goes to school in the U.S. for eight months of each year but returns to Canada to live with his parents each summer.
A)Alex, Bob and Charles.
B)Bob, Charles and Dick.
C)Bob and Charles.
D)Alex and Dick.

Question

Quizplus · Accepted Answer

Bob, Charles, and Dick would be considered residents or deemed residents of Canada for tax purposes. Bob, because he lives in Canada for employment purposes most of the week; Charles, as his work abroad under a Canadian agency likely does not sever his residential ties with Canada; and Dick, because he maintains significant residential ties (living with his parents during the summer) and spends a substantial part of the year in Canada.

Of the Following Individuals, Who Would Be a Resident or Deemed