We have translated 5 more CRA interpretations

3 March 2026 - 11:29pm
Email this ContentEmail this Content

We have translated a further 5 CRA interpretations released in September of 1999. Their descriptors and links appear below.

These are additions to our set of 3,496 full-text translations of French-language Technical Interpretation and Roundtable items (plus some ruling letters) of the Income Tax Rulings Directorate, which covers all of the last 26 years of releases of such items by the Directorate. These translations are subject to our paywall (applicable after the 5th of each month).

Bundle Date Translated severed letter Summaries under Summary descriptor
1999-09-17 27 August 1999 External T.I. 9828785 F - PAPILLON Income Tax Act - Section 55 - Subsection 55(3.1) - Paragraph 55(3.1)(c) if the butterfly was effected on a net FMV basis, so too should the application of the 10% test
2 September 1999 Internal T.I. 9919677 F - DEDUCTION EN VERTU DE L'ALINEA 60J.04) Income Tax Act - Section 60 - Paragraph 60(j.04) repayment should not exceed the payer’s income
1999-09-03 27 August 1999 External T.I. 9830385 F - INTERACTION OF SECTION OF THE ACTS 11O.6(19) Income Tax Act - Section 110.6 - Subsection 110.6(19) benefit of s. 110.6(19) election is lost on a depreciable property’s transfer on an s. 70(6) or 85(1) rollover basis
Income Tax Act - Section 85 - Subsection 85(1) - Paragraph 85(1)(a) s. 85(1) rollover of depreciable property at its cost amount obliterates the ACB increase from an s. 110.6(19) election
30 August 1999 External T.I. 9916975 F - TRANSFERT D'ALLOCATION DE RETRAITE Income Tax Act - Section 5 - Subsection 5(1) employee on 5-year parental leave could still be an employee if subject to the employer’s directives
27 August 1999 External T.I. 9917925 F - OSBL -FILIALE ET C I I Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l) holding taxable sub does not preclude NPO status
Income Tax Act - Section 127 - Subsection 127(9) - Investment Tax Credit taxable sub of NPO can claim ITCs but is an excluded corp