We have translated over 1500 CRA Interpretations

We have published a further 10 translations of CRA interpretation released in July 2008. Their descriptors and links appear below.

These are additions to our set of 1,506 full-text translations of French-language Roundtable items and Technical Interpretations of the Income Tax Rulings Directorate, which covers all of the last 12 3/4 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
2008-05-30 6 May 2008 Internal T.I. 2008-0267451I7 F - Pension alimentaire versée à des tiers Income Tax Act - Section 60 - Paragraph 60(b) payments for motor vehicle liability of ex-spouse were excluded as being in respect of tangible property
29 April 2008 External T.I. 2006-0215891E5 F - Partnership Interest & Departure Tax Income Tax Act - Section 220 - Subsection 220(4.5) - Paragraph 220(4.5)(a) - Subparagraph 220(4.5)(a)(i) s. 85(1) rollover of the property triggered the s. 220(4.5) deferred tax
Income Tax Act - Section 85 - Subsection 85(1.1) - Paragraph 85(1.1)(b) partnership interest is eligible property
28 April 2008 External T.I. 2007-0243711E5 F - Gains et pertes sur change Income Tax Act - Section 40 - Subsection 40(1) - Paragraph 40(1)(a) FX gains on U.S. securities transactions cannot be deferred until there is a conversion to Canadian funds
28 April 2008 External T.I. 2007-0248761E5 F - Crédit d'impôt pour emploi à l'étranger Income Tax Act - Section 122.3 - Subsection 122.3(1.1) - Paragraph 122.3(1.1)(a) s. 122.3(1.1)(a) inapplicable where the individual’s corporation was retained for project abroad by arm’s length Canadian corporation
6 May 2008 External T.I. 2007-0254661E5 F - Partie B Medicare Income Tax Act - Section 126 - Subsection 126(7) - Non-Business-Income Tax U.S. Medicare Part B premiums are not non-business income tax
Income Tax Act - Section 248 - Subsection 248(1) - Private Health Services Plan U.S. Medicare Part B premiums may be eligible respecting the medical tax credit
21 May 2008 External T.I. 2007-0259271E5 F - Fiducie non-résidente - contribuant immigrant Income Tax Act - Section 94 - Subsection 94(10) residence in Canada prior to becoming non-resident also taken into account
20 May 2008 Internal T.I. 2008-0267041I7 F - Productions cinématographiques et magnétoscopiques Income Tax Regulations - Regulation 1100 - Subsection 1100(5k.1) not a separate depreciable class for each CFVP
2008-05-23 9 May 2008 External T.I. 2008-0271781E5 F - Dédommagement pour perte de revenu de pension Income Tax Act - Section 248 - Subsection 248(1) - Superannuation or Pension Benefit lump sums paid by Quebec government to members of deficit plans were not taxable
Income Tax Act - Section 3 - Paragraph 3(a) lump sums paid by Quebec government to members of deficit plans were not income from a source
2008-05-16 12 May 2008 External T.I. 2007-0262861E5 F - Perte du statut d'OSBL Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l) NPO is subject to s. 149(10) when it ceases to carry on any of the listed activities
1 May 2008 External T.I. 2008-0271891E5 F - Bâtiment non résidentiel Income Tax Regulations - Regulation 1104 - Subsection 1104(23) addition to pre-2007 building may qualify for the additional CCA