Section 146.1

Subsection 146.1(1)

Post-Secondary Educational Institution

Administrative Policy

17 August 2005 External T.I. 2005-0135911E5 F - REEE- Établissement d'enseignement à l'étranger

Must a U.S. post-secondary institution be listed in the current edition of the Accredited Institutions of Postsecondary Education published by the...

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Subscriber

Paragraph (a)

Administrative Policy

1 September 2020 External T.I. 2019-0832221E5 - Subscriber of an RESP

Could a charity that is a corporation and is not a public primary caregiver, as defined in s. 146.1(1), qualify as an RESP subscriber? CRA...

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Paragraph (c)

Administrative Policy

14 March 2007 External T.I. 2006-0169821E5 F - REÉÉ - définition de souscripteur

Can an RESP have more than one subscriber after the death of the original subscriber? CRA responded that if the:

plan was an arrangement entered...

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3 August 2005 External T.I. 2005-0118891E5 F - REÉÉ - Décès du souscripteur

The deceased, who was a subscriber to an RESP of which his two-year old child was the beneficiary, devised and bequeathed all his property to a...

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Articles

Cole R. Southall, "Continuing RESPs Beyond the Death of the Subscriber", Canadian Tax Focus (Canadian Tax Foundation), Vol. 8, No. 1, February 2018, p.13

RESP part of subscriber’s estate (p. 13)

Funds invested in an RESP remain the property of the subscriber (the person who established the RESP)...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 146.1 - Subsection 146.1(7.1) an immediate liquidation of an RESP on death is unnecessary 76

Trust

Paragraph (d)

Administrative Policy

15 February 2007 External T.I. 2006-0216851E5 F - REÉÉ - Définition de fiducie

CRA declined to answer in a non-ruling context whether a person who irrevocably holds property in an RESP can have some control over the use of...

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Subsection 146.1(2)

Administrative Policy

29 October 2003 External T.I. 2003-0037435 F - REMBOURSEMENT DE PAIMENTS D'UN REEE

In confirming that a subscriber of an RESP may assign the right to repayment of payments or to give it as security for a loan of money, CRA...

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Subsection 146.1(3) - Deemed registration

Administrative Policy

1 November 89 Memorandum (April 90 Access Letter, ¶1184)

Where one of the initial subscribers to an RESP paid tax on interest or income from the plan prior to its registration, the retroactive...

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Subsection 146.1(2.21)

Administrative Policy

10 August 2015 Internal T.I. 2014-0527981I7 - Application of 146.1(2.21) to deceased beneficiary

The beneficiary of an RESP met the requirements of s. 146.1(2)(g.1) immediately before enrolment in the qualified program ceased. Does the...

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Subsection 146.1(7.1)

Administrative Policy

25 February 2021 Internal T.I. 2020-0865641I7 - Settlement Payments to Registered Plans

After noting that it is CRA’s policy to consider that a settlement payment made to an RRSP or RRIF respecting an actionable loss suffered by it...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 146 - Subsection 146(8) damages payment received by annuitant is not a benefit if paid over to the RRSP by year end 253
Tax Topics - Income Tax Act - Section 207.01 - Subsection 207.01(1) - Unused TFSA Contribution Room - Paragraph (b) - Element D damages payments made to a TFSA are not treated as a contribution 143
Tax Topics - Income Tax Act - Section 146.4 - Subsection 146.4(6) RDSP damages paid to and retained by the beneficiary would be taxable 220
Tax Topics - Income Tax Act - Section 207.01 - Subsection 207.01(1) - Registered Plan Strip advantage if RDSP damages are received by a holder who is not a beneficiary 220

Articles

Cole R. Southall, "Continuing RESPs Beyond the Death of the Subscriber", Canadian Tax Focus (Canadian Tax Foundation), Vol. 8, No. 1, February 2018, p.13

A registered education savings plan will form part of the estate of a deceased sole or last subscriber to the RESP. Accordingly, the will can...

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Subsection 146.1(5) - Trust not taxable

Administrative Policy

IT-308R "Registered Education Savings Plans"

Subsection 146.1(6.1)

Administrative Policy

11 October 2019 APFF Financial Strategies and Instruments Roundtable Q. 10, 2019-0812841C6 F - RESP - Change of subscriber

Grandfather A, who resides in the U.S., subscribed to a registered education saving plan (‘RESP”) for his Canadian-resident granddaughter, but...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 204.9 - Subsection 204.9(5) - Paragraph 204.9(5)(e) RESP transferor could be liable under s. 204.91(1) 146