Six further full-text translations of CRA technical interpretations/Roundtable items are available

12 July 2017 - 12:58am
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Full-text translations of the French technical interpretation released last week, of two (APFF) Roundtable item released on January 14, 2015 and of three technical interpretations released on January 7, 2015, are listed and briefly described in the table below.

These (and the other translations covering the last 30 months of CRA releases) are subject to the usual (3 working weeks per month) paywall.

Bundle Date Translated severed letter Summaries under Summary descriptor
2017-07-05 7 June 2017 External T.I. 2016-0671731E5 F - Transfer of life insurance policy by dividend in kind Income Tax Act - Section 148 - Subsection 148(7) - Paragraph 148(7)(a) dividend-in-kind of a life insurance policy avoids the policy’s disposition at FMV
Income Tax Act - Section 52 - Subsection 52(2) proceeds and cost of distributed life insurance policy determined under s. 148(7) rather than s. 52(2)
2015-01-14 10 October 2014 APFF Roundtable, 2014-0538131C6 F - revenus d'achats intégrés Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(a) full inclusion for in-app sales
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(m) no reserve for extended use by purchasers of in-apps
10 October 2014 APFF Roundtable, 2014-0538621C6 F - Disposition en contrepartie de 1$ Income Tax Act - Section 69 - Subsection 69(1) - Paragraph 69(1)(c) treatment of transfer for nominal consideration as "gift" turns on Quebec law
2015-01-07 13 November 2014 External T.I. 2014-0523911E5 F - Frais médicaux Income Tax Act - Section 118.2 - Subsection 118.2(2) - Paragraph 118.2(2)(a) Quebec osteopath and orthotherapist services excluded from METC
27 November 2014 External T.I. 2013-0503861E5 F - Application du paragraphe 248(16) Income Tax Act - Section 248 - Subsection 248(16) ETA s. 193 ITC claim does not reduce UCC under s. 85(1)(e)(i)
Income Tax Act - Section 85 - Subsection 85(1) - Paragraph 85(1)(e) ETA s. 193 ITC generated on drop-down does not reduce UCC at that time
23 September 2014 External T.I. 2013-0509021E5 F - Rajustement obligatoire Income Tax Act - Section 28 - Subsection 28(1) - Paragraph 28(1)(c) qualification of non-breeding animals as inventory