Income Tax Severed Letters - 2026-02-18

Technical Interpretation - External

5 February 2026 External T.I. 2025-1081961E5 - Part XX - Online marketplace for 2nd hand tickets

Unedited CRA Tags
282(1), 282(2), 291(1)

Principal Issues: Whether an online marketplace for event tickets is a "platform" as defined under subsection 282(1) of the Act, specifically, whether it connects sellers to other users "for the provision of relevant services or the sale of goods" as required by the definition.

Position: Likely no, but it is a question of fact.

Reasons: The marketplace appears to facilitate the transfer of an intangible right to attend an event (whether evidenced electronically or by paper), and does not otherwise facilitate the provision of relevant services, specifically, personal services.

20 November 2025 External T.I. 2022-0940101E5 F - AAPE - Sommes déposées en fidéicommis - contrat d’arrangements préalables de services funéraires

Unedited CRA Tags
110.6(1), 248(1)
Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Small Business Corporation
funeral prepayments received in trust under the applicable Quebec Act are not assets of a funeral company

Principales Questions: Est-ce que les sommes perçues en vertu d’un contrat d’arrangements préalables de services funéraires et déposées en fidéicommis sont considérées être un actif d’une société exploitant une entreprise de services funéraires aux fins des définitions de SEPE et d’AAPE prévues respectivement aux paragraphes 248(1) et 110.6(1)? / Whether the amounts received under a prearranged funeral services contract and deposited in trust are considered to be an asset of a corporation carrying on a funeral services business for the purposes of the definition of SBC and QSBCS provided respectively in subsections 248(1) and 110.6(1).

Position: Les sommes perçues en vertu d’un contrat d’arrangements préalables de services funéraires et qui doivent être déposées en fidéicommis en vertu de l’article 21 de la Loi sur les arrangements de services funéraires et de sépulture ne sont pas considérées être un actif d’une société exploitant une entreprise de services funéraires aux fins des définitions de SEPE et d’AAPE prévues respectivement aux paragraphes 248(1) et 110.6(1). / Amouts received under a prearranged funeral services contract which are required to be held in trust under section 21 of the Act respecting arrangements for funeral services and sepultures are not considered assets of a corporation operating a funeral services business for the purposes of the definitions of SBC and QSBCS in subsections 248(1) and 110.6(1), respectively.

Raisons: Position de longue date / Long-standing position.

5 November 2025 External T.I. 2025-1066661E5 - IFE & CAPITALIZED INTEREST

Unedited CRA Tags
18(3.1); 18.2(1), 78(1), 212(13.2)
Summary Under
Tax Topics - Income Tax Act - Section 18.2 - Subsection 18.2(1) - Interest and Financing Expenses - A - Paragraph (a)
interest capitalized to building inventory is not IFE under the EIFEL rules
Summary Under
Tax Topics - Income Tax Act - Section 9 - Computation of Profit
capitalized interest is not a deduction in computing income by virtue of inclusion in cost of goods sold

Principal Issues: WHETHER INTEREST CAPITALIZED IN ACCORDANCE WITH SUBSECTION 18(3.1) IS DESCRIBED IN VARIABLE A, PARAGRAPH (A) OF IFE, IN THE YEAR INVENTORY IS SOLD.

Position: NO.

27 August 2025 External T.I. 2025-1054261E5 - Trust Reporting, 149(5) Deemed Trust, 150(1.2)(e)

Principal Issues: 1) Does paragraph 150(1.2)(e) apply to a trust which is deemed to be created pursuant to subsection 149(5)? 2) Who are the trustee, settlor and beneficiaries under a trust deemed to be created pursuant to subsection 149(5)?

Position: 1) No. 2) subsection 149(5) does not deem the trust to have a settlor or beneficiaries under the trust. Trustee(s) are deemed pursuant to paragraphs 149(5)(b) and (c).

Reasons: 1) A trust deemed to be created pursuant to subsection 149(5) is not a club, society, or association described in paragraph 149(1)(l). 2) Words of the Act.

24 July 2025 External T.I. 2025-1065521E5 - Medical Radiation Technologists in NL

Unedited CRA Tags
118.2(2); 118.4(2)

Principal Issues: Whether Medical Radiation Technologists in the province of NL can be added to the list of authorized medical practitioners on the CRA website.

Position: Yes.

Reasons: The Medical Radiation Technologists Regulation 78/24, which are enacted under the Health Professions Act of NL, came into force on May 1, 2025.

Conference

18 November 2025 Roundtable, 2025-1082041C6 - TEI 2025 – Q. C.4 – Eligible group entity and excluded interest in subsection 18.2(1)

Unedited CRA Tags
18.2(1) "Eligible group entity" ; 18.2(1) "Excluded interest" ; 251.1
Summary Under
Tax Topics - Income Tax Act - Section 18.2 - Subsection 18.2(1) - Excluded Interest - Paragraph (d) - Subparagraph (d)(ii) - Clause (d)(ii)(A)
a corporation is not affiliated with itself for purposes of the EIFEL – excluded interest rules
Summary Under
Tax Topics - Income Tax Act - Section 251.1 - Subsection 251.1(4)
a corporation is not affiliated with itself for purposes of the EIFEL rules

Principal Issues: Whether a corporation would be affiliated with itself, for the purpose of the "excluded interest" mechanism in subsection 18.2(1) of the Act?

Position: No.

Reasons: The law.

Technical Interpretation - Internal

31 October 2025 Internal T.I. 2025-1067731I7 - Land Rezoning Fee

Unedited CRA Tags
20(1)(cc)

Principal Issues: Whether the Zoning By-law Amendment application fee paid to the XXXXXXXXXX for a zoning by-law amendment is deductible pursuant to paragraph 20(1)(cc).

Position: The application fees paid as expenses incurred in making a representation to the XXXXXXXXXX relating to a business carried on by the taxpayer are likely deductible.

Reasons: Legislation.