principal place of residence

Summary Under
Tax Topics - Income Tax Act - Section 118.05 - Subsection 118.05(1) - Qualifying Home - Paragraph (a) - Subparagraph (a)(ii)
s. (a)(ii) tested re occupancy as a “principal place of residence,” irrespective of whether the home was inside or outside Canada

Can an individual can claim the first-time home buyers’ tax credit (“FTHBTC") if the individual owned a home outside Canada and occupied it...

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Words and Phrases
principal place of residence
Summary Under
Tax Topics - Income Tax Act - Section 6 - Subsection 6(6) - Paragraph 6(6)(a)
presence of employee’s spouse at the special work site would not be decisive of their off-site home not being the employee’s “principal place of residence”

An employee worked temporarily at a special work site and kept a self-contained domestic establishment elsewhere, which remained at his disposal....

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Words and Phrases
principal place of residence
Summary Under
Tax Topics - Income Tax Act - Section 146.01 - Subsection 146.01(2) - Paragraph 146.01(2)(a.1)
individual co-owning a residence that was leased to her and spouse was disqualified if it was used as her principal place of residence, i.e., it had exclusive kitchen, bathroom and bedroom

A couple (Mr. and Ms. X), currently live in an apartment which they rent from the co-owners, who include Ms. X. Can they avail themselves of the...

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Words and Phrases
principal place of residence
Summary Under
Tax Topics - Income Tax Act - Section 146.01 - Subsection 146.01(1) - Regular Eligible Amount - Paragraph (e)
use of U.S. home as principal place of residence would also disqualify

Can an individual who had already owned a home in the U.S withdraw an amount from an RRSP under the home buyers’ program? After stating that...

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Words and Phrases
owner-occupied home principal place of residence
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