Allison Hill moved to Canada on March 31st,2023. She was born and raised in France...
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Accounting
Allison Hill moved to Canada on March st She was born and raised in France and moved to Canada to start a career in accounting. She earned $ from April to December in from her new employer. Allison earned $ of employment income from January to February in while still living in France. She also received $ in dividends in February, and $ in dividends in June, from stocks in a European corporation. Allison's parents sent her a cheque for $ as a gift for her th birthday in July, Required: a Determine Allison's residency status for Canadian tax purposes for b How much income is Allison required to report for the tax year? c Explain why any items have been excluded from your calculations.
Allison Hill moved to Canada on March st She was born and raised in France and moved to Canada to start a career in accounting. She earned $ from April to December in from her new employer. Allison earned $ of employment income from January to February in while still living in France. She also received $ in dividends in February, and $ in dividends in June, from stocks in a European corporation. Allison's parents sent her a cheque for $ as a gift for her th birthday in July,
Required:
a Determine Allison's residency status for Canadian tax purposes for
b How much income is Allison required to report for the tax year?
c Explain why any items have been excluded from your calculations.
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