Income Tax Severed Letters - 1994-12-30

Technical Interpretation - External

28 December 1994 External T.I. 9431035 - MEANING OF IMMEDIATELY AFTER

Unedited CRA Tags
85(4)

Principal Issues: No Issues, requested confirmation of position expressed in file 933601

21 December 1994 External T.I. 9421765 - S. 116 AND NON-RESIDENT MORTGAGEE

Unedited CRA Tags
116

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

		942176
XXXXXXXXXX	David R.Senécal

Attention: XXXXXXXXXX

December 21, 1994

Dear Sirs:

Re: Section 116 Certificate and a Non-resident Mortgagee

20 December 1994 External T.I. 9432535 - EXISTENCE OF TREATY WITH HONG KONG

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

943253
XXXXXXXXXX David R. Senécal
(613) 957-9796

December 20, 1994

Dear XXXXXXXXXX

Re: Existence of Income Tax Treaty with Hong Kong

20 December 1994 External T.I. 9421435 - ROYALTIES AND CANADA-UK INCOME TAX CONVENTION

Unedited CRA Tags
212(5) Art 12(3)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

		942143
XXXXXXXXXX	David R.Senécal

December 20, 1994

Dear XXXXXXXXXX

This is in reply to your letter of August 5, 1994, wherein you request our views as to application of Part XIII of the Income Tax Act (the "ACT") in the following situation:

19 December 1994 External T.I. 9418205 F - ASSURANCE VIE

Unedited CRA Tags
6(1)(a) 6(4) 248(1)

Position Adoptée:

15 December 1994 External T.I. 9425035 - PART XIII SHRINK-WRAP SOFTWARE ROYALIES

Unedited CRA Tags
212(1)(d) Art XIII

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

		942503
XXXXXXXXXX	O. Laurikainen
(613) 957-2116

Attention: XXXXXXXXXX

December 15, 1994

Dear Sirs:

Re: Part XIII Tax re: Shrink-wrap or Packaged Computer Software

15 December 1994 External T.I. 9420585 - IS BRANCH OFFICE A PERMANENT ESTABLISHMENT (4862-6)

Unedited CRA Tags
248(1) 253 ART 5

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

942058
XXXXXXXXXX		G. Middleton

Attention: XXXXXXXXXX

December 15, 1994

Dear Sirs:

This is in reply to your letter of July 25, 1994 concerning XXXXXXXXXX

15 December 1994 External T.I. 9420945 - PART XIII TAX ON RRIF PAID TO U.S. PERSON (7224-8)

Unedited CRA Tags
212(1)(q) 146.3 ART 18

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

		942094
XXXXXXXXXX	G. Middleton

Attention: XXXXXXXXXX

December 15, 1994

Dear Sirs:

14 December 1994 External T.I. 9420625 - PART XIII PAYMENT IN RESPECT OF REPRODUCTION

Unedited CRA Tags
212(1)(d)(vi)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

		942062
XXXXXXXXXX	O. Laurikainen
(613) 957-2116

Attention: XXXXXXXXXX

December 14, 1994

Dear Sirs:

Re: Part XIII Tax - Computer Software Royalties

13 December 1994 External T.I. 9416075 - RAPID TRANSIT CAR

Unedited CRA Tags
20(1)(a) REG 1100 REG 1101 CLASS 8 CLASS 35

Principal Issues:

9 December 1994 External T.I. 9425665 - CAPITAL GAINS ELECTION

Unedited CRA Tags
110.6(19)

Principal Issues:

5 December 1994 External T.I. 9425165 F - FRAIS D'INTÉRETS SUBVENTIONNÉS PAR L'EMPLOYEUR

Unedited CRA Tags
80.4 6 5

Principales Questions:

1.Facteurs pris en considération par Revenu Canada pour déterminer si un prêt d'une tierce personne est accordé «en raison de la charge ou de l'emploi».

2.Circonstances dans lesquelles le montant des intérêts subventionnés par un employeur serait imposable en vertu de l'article 5 ou de l'alinéa 6(1)a) de la Loi.

Position Adoptée:

22 November 1994 External T.I. 9429385 - USE OF A LODGE

Unedited CRA Tags
18(1)(l)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

		942938
XXXXXXXXXX	B. Kerr

Attention: XXXXXXXXXX

November 22, 1994

Dear Sir/Madam:

Re: Expenses incurred at Lodges and Resorts

21 November 1994 External T.I. 9429005 F - DATE D'ORDONNANCE RENDUE ENTRE EX-CONJOINTS DE FAIT

Unedited CRA Tags
56(1)(c) 60(c) 60(c.1) 56(1)(c.1)

Position Adoptée:

20 November 1994 External T.I. 9427925 - STRUCTURED SETTLEMENTS

Unedited CRA Tags
56

Principal Issues:
A damages claim of an individual was settled for a lump sum. Part of the amount was paid to the individual, another part was structured (i.e., it was to be paid in periodic amounts), and the remaining part was retained by the individual's solicitor for services provided with respect to the settlement. If the legal fees are reduced and an annuity contact is purchased by the solicitor with respect to the reduction, will the payments be non-taxable?

17 November 1994 External T.I. 9418455 - RCA FOR EMPLOYEE/SHAREHOLDER

Unedited CRA Tags
67 6(11) 56(1)(x) 125(2)

Principal Issues:

14 November 1994 External T.I. 9417535 - OUSTANDING CHEQUES

Unedited CRA Tags
181.2(3)(c)

Principal Issues:

Technical Interpretation - Internal

13 December 1994 Internal T.I. 9419507 - MEDICAL DEVICES AND EQUIPMENT

Unedited CRA Tags
REG 5700(q) 118.2(2)(m)

Principal Issues:

21 November 1994 Internal T.I. 9427410 - CAPITAL GAINS ELECTION

Unedited CRA Tags
110.6(19)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

Question 1

A sole practitioner has a professional practice with a fair market value in excess of $100,000 at February 22, 1994. The fiscal period ends on January 31.

a)Can the proprietor make an election in respect of the goodwill of the business and utilize the capital gains exemption?

17 November 1994 Internal T.I. 9219187 - STRONG CURRENCY BORROWINGS

Unedited CRA Tags
20(1)(c) 20(1)(e)

Principal Issues:

Ministerial Letter

13 December 1994 Ministerial Letter 9420998 - GOVERNMENT OFFICIAL PERKS

Unedited CRA Tags
6(1)(a)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

DM'S OFFICE (2) 94-1125D, 94-07907M, 94-1164D, 94-1605D
ADM'S OFFICE (3)

RETURN TO RULINGS, ROOM 303, MET. BLDG.

AUTHOR
SUBJECT OR CORPORATE FILE

December 13, 1994

XXXXXXXXXX

Dear XXXXXXXXXX