We have translated 6 more CRA interpretations
16 December 2024 - 11:26pm
Email this ContentWe have translated a further 6 CRA interpretations released in April and March of 2001. Their descriptors and links appear below.
These are additions to our set of 3,030 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 23 ¾ 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 |
|---|---|---|---|
| 2001-04-13 | 15 September 2000 Internal T.I. 2000-0038337 F - RETENUES A LA SOURCE-REMUNERATION | Income Tax Act - Section 153 - Subsection 153(1) - Paragraph 153(1)(a) | directors’ settlement of liability for unpaid remuneration of bankrupt corporation was subject to s. 153(1)(a) withholding |
| Income Tax Regulations - Regulation 100 - Subsection 100(1) - Remuneration | directors’ settlement payment of liability for unpaid employee remuneration of bankrupt corporation was subject to source deductions as “remuneration” | ||
| 2 March 2001 Internal T.I. 2001-0070687 F - REGIME D'ASSUR. MEDICAMENTS DU QUE. | Income Tax Act - Section 118.2 - Subsection 118.2(1) | unlike Quebec, prescription drug premiums for a year are not recognized until their payment | |
| 30 March 2001 Internal T.I. 2001-0074087 F - DEPENSES POUR SITE WEB | Income Tax Regulations - Schedules - Schedule II - Class 14.1 | part of purchase price for existing website may be attributable to clientele and goodwill | |
| 9 February 2001 Internal T.I. 2000-0055757 F - ALLOCATION PERIODIQUE | Income Tax Act - Section 56.1 - Subsection 56.1(4) - Support Amount | amounts paid to ex-wife each time she took the 2 children were not allowances since there was no regularity to the visits | |
| Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b) | s. 118(1)(b) credit available where sporadic amounts required to be paid to ex-wife when the children visited her did not qualify as support amounts | ||
| 12 March 2001 Internal T.I. 2000-0037637 F - Partie 1.3 Aide gouvernementale/Surplus | Income Tax Act - Section 181.2 - Subsection 181.2(3) - Paragraph 181.2(3)(a) | government grants were other surplus | |
| Income Tax Act - Section 181 - Subsection 181(3) | grants deducted from carrying value of capital assets and disclosed in the notes were reflected on the balance sheet | ||
| 2001-03-30 | 26 March 2001 External T.I. 2000-0060185 F - Évaluation actions assurance-vie décès | Income Tax Act - Section 70 - Subsection 70(5.3) | allocation of CSV of corporate life insurance policy among different classes of life insurance shares |