8.1 Tax basics  

In this section:


Two friends have different views about paying taxes.

This section looks at some basic facts about taxes, and how they affect your finances. You will explore:

  • how much income taxes amount to, and what they pay for
  • the most common taxes that people pay
  • your rights and responsibilities as a taxpayer.

You'll answer a mini-quiz about tax facts and use a checklist to identify some common taxes. You'll review your rights and responsibilities as a taxpayer. By the time you finish this section, you'll be able to describe Canada's income tax systems and your role in it.

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