Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
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.
Principal Issues:
TEI Question: Will an officer of a corporation be considered to be an "employee...employed by the other person" for purposes of subsection 163.2(15)?
Position TAKEN:
Yes.
Reasons FOR POSITION TAKEN:
For purposes of the Act, subsection 248(1) defines "employee" to include an "officer", and "employed" as "performing the duties of an office or employment".
Question XXVIII
Subsection 163.2(15) - Officer/Employee
Would the Agency please confirm that in all cases, consistent with section 248, an officer of a corporation will be considered to be an "employee...employed by the other person" for purposes of subsection 163.2(15)?
Agency's Position
For purposes of the Act, subsection 248(1) defines "employee" to include an "officer", and "employed" as "performing the duties of an office or employment". Accordingly, we confirm that an officer of a corporation will be considered to be an "employee...employed by the" corporation in applying subsection 163.2(15). Of course, subsection 163.2(15) will not apply where the employee is a specified employee or an employee engaged in an excluded activity.
Author: M. Azzi
Division: Income Tax Rulings Directorate
Phone Number: 957-8972
TEI Conference
December 6, 2000
2000-005622
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