Our translations of CRA Interpretations go back over 15 years

We have published a further 10 translations of CRA interpretation released in October and September, 2006. Their descriptors and links appear below.

These are additions to our set of 1,754 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 15 years of releases of such items 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
2006-10-20 28 September 2006 Internal T.I. 2006-0202901I7 F - Subsection 80(4) - Impact on the CDA Income Tax Act - Section 89 - Subsection 89(1) - Capital Dividend Account - Paragraph (a) - Subparagraph (a)(ii) application of net capital losses against a forgiven amount does not reduce the reduction for the related capital losses under s. (a)(ii) of the CDA computation
2006-10-13 14 September 2006 External T.I. 2006-0167861E5 F - Frais de représentation Income Tax Act - Section 67.1 - Subsection 67.1(2) - Paragraph 67.1(2)(a) taxpayer is not considered to receive compensation for restaurant bills where they are included in its estimates but not explicitly in its invoices
Income Tax Act - Section 67.1 - Subsection 67.1(2) - Paragraph 67.1(2)(c) "specifically notified in writing" requirement is not satisfied where restaurant bills are included in fee estimates to clients but not explicitly in the ultimate invoices
3 October 2006 Internal T.I. 2006-0208161I7 F - Projet pilote - Alternative jeunesse Income Tax Act - Section 56 - Subsection 56(1) - Paragraph 56(1)(u) Quebec youth alternative payments are social assistance
2 October 2006 Internal T.I. 2006-0168081I7 F - Actions d'une société en faillite Income Tax Act - Section 50 - Subsection 50(1) - Paragraph 50(1)(b) - Subparagraph 50(1)(b)(i) s. 50(1)(b)(i) satisfied if notice of intention under BIA does not lead to timely filing of proposal – but election must be filed for that rather than subsequent year
Income Tax Act - Section 50 - Subsection 50(1) - Paragraph 50(1)(b) - Subparagraph 50(1)(b)(iii) if s. 50(1)(b)(iii) conditions are satisfied in a year, the election can be made in a subsequent year – but not if the corporation was a bankrupt in the first year
25 September 2006 External T.I. 2006-0169371E5 F - Résidence principale -Détermination du PBR Income Tax Act - 101-110 - Section 107 - Subsection 107(1) - Paragraph 107(1)(a) relinquishing to their father by the children of the bare ownership in a residence subject to a usufruct of their father resulted in a deemed trust interest disposition with a gain equal to the residence’s appreciation
3 October 2006 External T.I. 2006-0203911E5 F - Allocations pour l'usage d'un véhicule à moteur Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) - Subparagraph 6(1)(b)(vii.1) travel from home to attend service calls not in the course of employment
21 September 2006 External T.I. 2005-0147821E5 F - Utilisation d'un véhicule Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(e) standby benefit where vans available to foremen during after hours
2006-09-29 1 August 2006 External T.I. 2005-0125431E5 F - Donation rémunératoire et vente à rabais Income Tax Act - Section 248 - Subsection 248(31) must be a donative intent for there to be a remunerative gift
20 September 2006 External T.I. 2006-0166541E5 F - Revenu d'emploi hors réserve gagné par un Indien Other Legislation/Constitution - Federal - Indian Act - Section 87 employer is a connecting factor if all its members are on the reserve
19 September 2006 External T.I. 2006-0170861E5 F - Contrat de rente différé et perte courue Income Tax Act - Section 148 - Subsection 148(9) - Adjusted Cost Basis ACB does not reflect the income for the anniversary year if disposition of interest occurs immediately after the anniversary day
Income Tax Regulations - Regulation 307 - Subsection 307(1) - Paragraph 307(1)(b) overview of Reg. 307(1)(b)