Income Tax Severed Letters - 1995-06-30

Administrative Letter

7 May 1995 Administrative Letter 951022A - PART I.3, ADVANCES

Unedited CRA Tags
181.2(3)

Principal Issues:

Technical Interpretation - External

27 June 1995 External T.I. 9425365 - DISPOSITION OF CASH

Unedited CRA Tags
55(3)(a)
Summary Under
Tax Topics - Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a)

Principal Issues:

26 June 1995 External T.I. 9515215 F - RÉGIME ENREGISTRÉ D'INTÉRESSEMENT CONTEXTE QUALITÉ

Unedited CRA Tags
12(1)x)

Principales Questions:

Quel est le traitement fiscal à donner au «crédit d'impôt relatif à un régime enregistré d'intéressement dans un contexte de qualité» prévu à l'article 776.1.5.4 de la Loi sur les impôts du Québec?

Position Adoptée:

26 June 1995 External T.I. 9513555 - 249(4) & ACQUISITION OF CONTROL

Unedited CRA Tags
249(4) 256(7)

Principal Issues:

26 June 1995 External T.I. 9515315 - 55(2)

Unedited CRA Tags
55(2)

Principal Issues:

23 June 1995 External T.I. 9510475 - ASSOCIATED CORPORATIONS

Unedited CRA Tags
256(1) 256(5.1)
Summary Under
Tax Topics - Income Tax Act - Section 256 - Subsection 256(1) - Paragraph 256(1)(a)
Summary Under
Tax Topics - Income Tax Act - Section 256 - Subsection 256(5.1)

Principal Issues:

22 June 1995 External T.I. 9416655 - SINGLE PURPOSE CORP./RCT'S POSITION TO BE REPEALED?

Unedited CRA Tags
15(1)

Principal Issues:
In light of the revised Protocol amending the Canada-U.S. Income Tax Convention with respect to the U.S. estate tax problem, does the Department's administrative positions with respect to "single purpose corporations" still apply?

22 June 1995 External T.I. 9429905 - CEDOE

Unedited CRA Tags
Reg 1206

Principal Issues:
Do costs to issue flow-through shares, related audit and legal fees and annual securities fees qualify as CEDOE.

21 June 1995 External T.I. 9510915 - 6363-1 FOREIGN AFFILIATES - DEEMED ABI

Unedited CRA Tags
95(2)(a)(ii)
Summary Under
Tax Topics - Income Tax Act - Section 15 - Subsection 15(2.2)
Summary Under
Tax Topics - Income Tax Act - Section 245 - Subsection 245(4)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

		951091
XXXXXXXXXX		Olli Laurikainen
(613) 957-2116
Attention:  XXXXXXXXXX

June 21, 1995

Dear Sirs:

Re: Draft Foreign Affiliate Legislation

15 June 1995 External T.I. 9506255 F - IMPOT SUR LES OPÉRATIONS FORESTIÈRES

Unedited CRA Tags
127 REG 700

Principales Questions:

Est-ce que le revenu provenant de la vente d'une terre boisée entre dans le calcul du «revenu pour l'année tiré des opérations forestières dans la province» aux fins de l'article 127 de la Loi et du paragraphe 700(1) du Règlement?

Position Adoptée:

15 June 1995 External T.I. 9508515 - COST AMOUNT OF STRIP BONDS, CSB'S

Unedited CRA Tags
206(2) 146(4)

Principal Issues:

14 June 1995 External T.I. 9501965 - IS A XXXXXXXXXX RENTAL PROPERTY?

Unedited CRA Tags
REG 1100(14) REG 1100(14.1) REG 1100(14.2) REG 1100(12)

Principal Issues:

14 June 1995 External T.I. 9508295 - BENEFICIARY NAMED ON ANNUITY

Unedited CRA Tags
146(1)
Summary Under
Tax Topics - Income Tax Act - Section 146 - Subsection 146(1) - Retirement Income

Principal Issues:

14 June 1995 External T.I. 9509985 - CAN DEPOSIT AGENT RECEIVE RRSP FUNDS

Unedited CRA Tags
146(16)(a) 146(1)

Principal Issues:

12 June 1995 External T.I. 9500915 - ARTICLE 13 CANADA-U.K. TREATY AND LOOK THROUGH BASIS

Unedited CRA Tags
ART 13
Summary Under
Tax Topics - Treaties - Income Tax Conventions - Article 13

Principal Issues:

8 June 1995 External T.I. 9507325 - REIMBURSEMENT TO RRSP OF MUTUAL FUND REDEMPTION FEES

Unedited CRA Tags
146(2)(c.4) 146(8) 146(5)
Summary Under
Tax Topics - Income Tax Act - Section 146 - Subsection 146(5)

Principal Issues:

8 June 1995 External T.I. 9507415 - CONDITIONS RE DEF SAL LEAVE PLAN

Unedited CRA Tags
6801(a)
Summary Under
Tax Topics - Income Tax Regulations - Regulation 6801 - Paragraph 6801(a)

Principal Issues:

5 June 1995 External T.I. 9508145 - RRSP & MORTGAGE FORECLOSURE

Unedited CRA Tags
146(10)

Principal Issues:
Can a RRSP acquire real property as a result of foreclosure on a mortgage?

5 June 1995 External T.I. 9505815 - DEFERRED SALARY LEAVE PLAN 6801(A)

Unedited CRA Tags
6801(a)
Summary Under
Tax Topics - Income Tax Regulations - Regulation 6801 - Paragraph 6801(a)

Principal Issues:

1 June 1995 External T.I. 9511895 - TRANSFER OF PENSION AND RETIRING ALLOWANCE

Unedited CRA Tags
60(j.1)(v) 147.3
Summary Under
Tax Topics - Income Tax Act - Section 60 - Paragraph 60(j.1)

Principal Issues:

1 June 1995 External T.I. 9506235 - WHETHER A RULING CAN BE EXTENDED TO ANOTHER PARTY

Unedited CRA Tags
6

Principal Issues:

30 May 1995 External T.I. 9504775 - RETIRING ALLOWANCE

Unedited CRA Tags
60(j.1)

Principal Issues:

30 May 1995 External T.I. 9505475 - FULL-TIME ATTENDANCE FOR RESP PURPOSES

Unedited CRA Tags
146.1(2)(g) 118.6(2)

Principal Issues:

30 May 1995 External T.I. 9505545 - POSSIBILITY OF TWO "SPOUSES"

Unedited CRA Tags
252(4)(a) 60(l) 146(1)
Summary Under
Tax Topics - Income Tax Act - Section 146 - Subsection 146(1) - Refund of Premiums

Principal Issues:

26 May 1995 External T.I. 9511055 - INTEREST IN A SECOND TIER PARTNERSHIP AND CAPITAL

Unedited CRA Tags
181.2(3)(g)

Principal Issues:

26 May 1995 External T.I. 9501715 - SELF-FUNDED PRIVATE HEALTH SERVICES PLANS

Unedited CRA Tags
6(1)(a)
Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Private Health Services Plan
Summary Under
Tax Topics - Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a)

Principal Issues:

19 May 1995 External T.I. 9505285 - ANNUITY AS RCA

Unedited CRA Tags
207.6(2) 153(1)(p) 12.2(1) 207.6(1) 20(1)(r)
Summary Under
Tax Topics - Income Tax Act - Section 207.7 - Subsection 207.7(1)

Principal Issues:

10 May 1995 External T.I. 9500665 - STRUCTURED SETTLEMENTS

Unedited CRA Tags
56(1)(d) 12.2

Principal Issues:

3 May 1995 External T.I. 9510705 F - DISPOSITION D'UN DUPLEX

Unedited CRA Tags
40(2) 40(6) 69(1)(b) 110.6(3) ITAR 20(1)

Principales Questions:

1. Le don d'un immeuble amène-t-il une disposition réelle de l'immeuble ou une disposition réputée?

2. Est-ce que l'exemption de résidence principale s'applique à la totalité de l'immeuble?

3. Est-il nécessaire, pour effectuer les calculs du gain en capital, d'utiliser les justes valeurs marchandes de 1971 et de 1981?

4. Est-ce que le montant du gain en capital imposable pouvant résulter de la disposition aura une incidence sur le montant du revenu de la sécurité de vieillesse et sur le montant provenant du régime de pension du Canada?

Position Adoptée:

26 April 1995 External T.I. 9506025 F - AUGMENTATION DU CAPITAL VERSÉ

Unedited CRA Tags
84(1) 7 53(1)(b) 53(1)(j)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

5-950602
XXXXXXXXXX M.D. Gervais

A l'attention de XXXXXXXXXX

Le 26 avril 1995

Monsieur,

Objet: Demande d'opinion portant sur l'article 84 de la Loi de l'impôt sur le revenu (ci-après la Loi»)

Conference

20 April 1995 Roundtable Q. 19, 9410400 - FOREIGN EXCHANGE, SECURITIES TRANSACTIONS

Unedited CRA Tags
9 39(1) 39(2)

Principal Issues:

26 April 1995 CTF Roundtable Q. 16, 9511520 - INTEREST DEDUCTIBILITY - PREFERRED SHARES

Unedited CRA Tags
20(1)(c) 20(1)(qq)

Principal Issues:

Technical Interpretation - Internal

8 June 1995 Internal T.I. 9507796 - CONVERTIBLE EMPLOYER DEBT IN RRSP

Unedited CRA Tags
4900(1)(c.1) 4900(1)(b) 146(10) 207

Principal Issues:
Determination of whether convertible promissory note is a qualified investment for an RRSP.

7 June 1995 Internal T.I. 9413016 - EMERGENCY HOME FOR CHILDREN IN CARE OF SOCIAL SERVICES

Unedited CRA Tags
81(1)(h)

Principal Issues: emergency home fees: are they exempt under para 81(1)(h)?

7 June 1995 Internal T.I. 9506157 - ACCRUED VACATION PAY

Unedited CRA Tags
9 18(1)(e)
Summary Under
Tax Topics - Income Tax Act - Section 9 - Accounting Principles

Principal Issues:

6 June 1995 Internal T.I. 9502287 - HOME RENOVATIONS AS MEDICAL EXPENSES

Unedited CRA Tags
118.2(2)(l.2)
Summary Under
Tax Topics - Income Tax Act - Section 118.2 - Subsection 118.2(2) - Paragraph 118.2(2)(l.2)

Principal Issues:

6 June 1995 Internal T.I. 9502987 - WORK SPACE IN THE HOME

Unedited CRA Tags
8(13) 8(10) 8(1)(i)
Summary Under
Tax Topics - Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(h) - Subparagraph 8(1)(h)(iii)

Principal Issues:

31 May 1995 Internal T.I. 9504917 - GIFT BY WILL

Unedited CRA Tags
118.1(4)
Summary Under
Tax Topics - Income Tax Act - Section 118.1 - Subsection 118.1(4)

Principal Issues:

10 May 1995 Internal T.I. 9510190 - EMPLOYEE STOCK OPTION

Unedited CRA Tags
7(1)(e) 110(1)(d) 49(3)(b)(ii)

Principal Issues:
Whether 110(1)(d) applies where a benefit in computed under 7(1)(e)

7 May 1995 Internal T.I. 9510220 - PART I.3, O/S CHEQUES & OVERDRAFTS

Unedited CRA Tags
181.2(3)
Summary Under
Tax Topics - General Concepts - Payment & Receipt
conditional payment principle accepted
Summary Under
Tax Topics - Income Tax Act - Section 181.2 - Subsection 181.2(3)

Principal Issues:

26 April 1995 Internal T.I. 9506797 - CCA - BOOKPLATE COSTS

Unedited CRA Tags
CLASS 8, SCH.II 20(1)(a) CLASS 12 CLASS 39
Summary Under
Tax Topics - Income Tax Regulations - Schedules - Schedule II - Class 12

Principal Issues:

3 April 1995 Internal T.I. 9426787 F - ADM. CONTRATS EN INFOR.-LIEN ENTRE LES FONCTIONS EXERCÉES PAR ...

Unedited CRA Tags
122.3(1)b)

Principales Questions:

Admissibilité des activités aux fins de 122.3(1)b)

Position Adoptée:

10 March 1995 Internal T.I. 9428177 F - DIVIDENDE RÉPUTÉ

Unedited CRA Tags
84(1) 84(3) 53(1)(b) 4(4) 39(1)(a)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

Ministerial Letter

7 June 1995 Ministerial Letter 9510308 - 'ER PAYS MEDICAL PREMIUM WHEN & WHY A TAX BENEFIT SECTION 6(1)(a)

Unedited CRA Tags
248(1)

Principal Issues:
when & why medical premiums became taxable for certain individuals

7 June 1995 Ministerial Letter 9514388 - MUNICIPAL OFFICERS EXPENSE ALLOWANCE

Unedited CRA Tags
81(2) 81(3)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

MINISTER/DM'S OFFICE 95-04002M
ADM'S OFFICE
RETURN TO 15TH FLOOR, ALBION TOWERS
AUTHOR
SUBJECT OR CORPORATE CASE FILE

June 7, 1995

XXXXXXXXXX

Dear XXXXXXXXXX: