| 2005-10-28 |
17 October 2005 External T.I. 2005-0139031E5 F - Activités exercées en dehors de la réserve |
Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(d.6) |
timber royalties derived from timber cutting off the reserve had non-reserve situs |
| Income Tax Act - Section 149 - Subsection 149(1.2) |
timber royalties derived from agreement with provincial government but paid by 3rd party operator did not qualify |
| 2005-10-21 |
11 October 2005 External T.I. 2005-0148281E5 F - Déductibilité de dépenses |
Income Tax Act - Section 248 - Subsection 248(24) |
s. 248(24) does not affect deductibility of fees for preparing consolidated financials |
| Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Improvements v. Repairs or Running Expense |
periodic (every 3 years) required actuarial valuations were currently deductible |
| Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Legal and other Professional Fees |
accounting fees in preparing consolidated financial statements generally deductible |
| 13 September 2005 External T.I. 2005-0148831E5 F - REÉR - retenues à la source |
Income Tax Act - Section 153 - Subsection 153(1) - Paragraph 153(1)(j) |
no discretion (otherwise than under s. 153(1.1)) to relieve from withholding for an in-kind distribution |
| 4 October 2005 External T.I. 2005-0149671E5 F - Congé à traitement différé |
Income Tax Regulations - Regulation 6801 - Paragraph 6801(a) - Subparagraph 6801(1)(a)(v) |
returning to pre-retirement leave is not returning to “regular” employment |
| 29 August 2005 External T.I. 2005-0125811E5 F - Actions prescrites: 6204(1)b) du Règlement |
Income Tax Regulations - Regulation 6204 - Subsection 6204(1) - Paragraph 6204(1)(b) |
likelihood that employees’ stock option shares would be immediately repurchased meant they were not prescribed shares |
| Income Tax Act - Section 248 - Subsection 248(28) |
s. 248(28) does not preclude the application of s. 84(3) on the exercise of employee stock options and the immediate redemption of the acquired shares |
| 18 October 2005 Internal T.I. 2005-0133411I7 F - Penalty for repeated failures to report income |
Income Tax Act - Section 163 - Subsection 163(1) |
simultaneous filing of returns for three successive years, each with unreported income, did not engage s. 163(1) (if no unreported income in prior years) |
| 8 September 2005 Internal T.I. 2005-0133721I7 F - Crédit d'impôt - fonds de travailleurs |
Income Tax Act - Section 211.8 - Subsection 211.8(1) |
no s. 211.8(1) tax where shares of provincially regulated LSVCC are redeemed and where there is no acquisition of replacement shares |
| 30 August 2005 External T.I. 2005-0134081E5 F - Transfert d'un REER entre conjoints de fait |
Income Tax Act - Section 146 - Subsection 146(16) - Paragraph 146(16)(b) |
application to RRSP transfer between two separated common-law partners pursuant to written separation agreement |
| 17 August 2005 External T.I. 2005-0135911E5 F - REEE- Établissement d'enseignement à l'étranger |
Income Tax Act - Section 146.1 - Subsection 146.1(1) - Post-Secondary Educational Institution |
a foreign educational institution that is listed in the American Council on Education's Accredited Institutions of Postsecondary Education will be recognized as a "post-secondary educational institution" |
| 6 October 2005 External T.I. 2005-0146061E5 F - Coop de travailleurs actionnaire - montants versés |
Income Tax Act - Section 82 - Subsection 82(1) - Paragraph 82(1)(a) |
interest on a preferred share was a dividend |
| Income Tax Act - Section 136 - Subsection 136(2) |
workers shareholder cooperative qualified |
| Income Tax Act - Section 135 - Subsection 135(4) - Allocation in Proportion to Patronage |
patronage dividend based on volume of work performed |
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