5 more translated CRA interpretations are available

We have published a further 5 translations of CRA interpretations released in January 2011 and December 2010. Their descriptors and links appear below.

These are additions to our set of 1126 full-text translations of French-language Roundtable items and Technical Interpretations of the Income Tax Rulings Directorate, which covers all of the last 9 years of releases of Interpretations by the Directorate. These translations are subject to the usual (3 working weeks per month) paywall.

Bundle Date Translated severed letter Summaries under Summary descriptor
2011-01-28 5 January 2011 Internal T.I. 2010-0389761I7 F - Application du paragraphe 162(7.01) Income Tax Act - Section 162 - Subsection 162(7.01) s. 162(7.01) penalty is cumulative with (7.02). and is computed aggregating base and summary slips and both are computed from initial final deadline if s. 220(3) deadline is missed
2011-01-07 1 December 2010 External T.I. 2010-0385491E5 F - Postes isolés dans la fonction publique Income Tax Act - Section 248 - Subsection 248(1) - Private Health Services Plan employer agreement to pay transportation costs from remote location re medical appointments could qualify as an exempt PHSP
2010-12-31 9 December 2010 External T.I. 2010-0364001E5 F - Ristourne de consommation, feuillet T4A Income Tax Act - Section 135 - Subsection 135(7) no income inclusion re consumer goods or services
Income Tax Regulations - Regulation 218 T4A required where annual payments in proportion to patronage exceed $500
2010-12-24 7 December 2010 External T.I. 2010-0363431E5 F - Date limite cotisation REER Income Tax Act - Section 146 - Subsection 146(5) 60-day contribution deadline is met based on receipt of cheque by issuer, not its deposit
General Concepts - Payment & Receipt RRSP premium “paid” when cheque received by issuer, not when it’s deposited
9 December 2010 External T.I. 2010-0388101E5 F - CCPC status and acquisition of control Income Tax Act - Section 249 - Subsection 249(4) - Paragraph 249(4)(b) CCPC whose control has been agreed to be acquired by Pubco can elect to extend its deemed s. 249(3.1) year end under s. s. 249(4)(b)
Income Tax Act - Section 249 - Subsection 249(3.1) CCPC which has a December 26 deemed year end under ss. 249(3.1) and 251(1)(b) that is extended to December 31 under s. 249(4)(b) loses SBC for that extended year