Our translations of CRA interpretations go back over 20 years

We have translated 3 interpretations released by CRA last week and a further 6 translations of CRA interpretations released in May of 2003. Their descriptors and links appear below.

These are additions to our set of 2,480 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 20 years of releases of such items by the Directorate. These translations are subject to our paywall (applicable after the 5th of each month).

Bundle Date Translated severed letter Summaries under Summary descriptor
2023-05-24 12 January 2023 External T.I. 2020-0866661E5 F - Don d’une partie d’un intérêt dans une police d’as similar to 2021-0895981C6 F, below
7 October 2022 Roundtable, 2021-0895981C6 F - Don d’une partie d’un intérêt dans une police d’as Income Tax Act - Section 148 - Subsection 148(9) - Disposition implementing a life insurance interest sharing strategy may entail the entire policy’s disposition and uncertainties as to what interest is disposed of
15 May 2023 External T.I. 2023-0965261E5 F - Sommes retirées dans le cadre du RAP et CELIAPP Income Tax Act - Section 146.6 - Subsection 146.4(6) HBP withdrawals can be contributed to an FHSA
2003-05-30 21 May 2003 Internal T.I. 2003-0001407 F - DISPOSITIONS SUBJECT TO WARRANTY
Also released under document number 2003-00014070.

Income Tax Act - Section 42 s. 42 applied to payment of claim of purchaser based on latent defect in property and to legal fees
2003-05-23 14 May 2003 External T.I. 2003-0015625 F - Convertible Debenture - Safe Income
Also released under document number 2003-00156250.

Income Tax Act - Section 55 - Subsection 55(2.1) - Paragraph 55(2.1)(c) holder of convertible debenture could be attributed safe income respecting the common shares into which it subsequently converted
14 May 2003 Internal T.I. 2003-0181477 F - DEDUCTIBILITE DES INTERETS
Also released under document number 2003-01814770.

Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) deductible interest is reduced by amortization of premium arising from loan’s deliberate issuance at above-market interest rate
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) taxpayer discretion re attributing use of commingled funds does not apply where tracing is possible
15 May 2003 External T.I. 2002-0168445 F - frais de location-voiture
Also released under document number 2002-01684450.

Income Tax Act - Section 67.3 - Paragraph 67.3(d) “manufacturer's list price" references "manufacturer's suggested retail price," and does not include federal and provincial sales tax
21 May 2003 Internal T.I. 2003-0009897 F - COUT DES ACTIONS
Also released under document number 2003-00098970.

Income Tax Act - Section 112 - Subsection 112(5.2) - Variable B “cost” in B refers to the original cost (computed without reference to s. 142.5(2)(b))
15 May 2003 Internal T.I. 2003-0010237 F - COUT EN MAIN-D'OEUVRE
Also released under document number 2003-00102370.

Income Tax Regulations - Regulation 5202 - Salaries and Wages “salaries and wages” do not include tips