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.
XXXXXXXXXX
Attention: XXXXXXXXXX
Dear Sirs:
RE: Canada Council Grants and Awards
We are replying to your letter dated November 18, 1993 concerning various prizes and awards made by the Canada Council, namely;
Virginia P. Moore Prize
Petro-Canada Award for Media Arts
Sir Ernest MacMillan Memorial Prize in Choral Conducting
Jean-Marie Beaudet Award
Jules Leger Prize
Jacqueline Lemieux Prize Sylva Gelber Foundation Award
Victor Martyn-Lynch-Staunton Award Duke and Duchess of York Prize in Photography Joseph S. Stauffer Prize
In our previous letter of March 31, 1993, we advised you that the various memorial prizes or awards which replace Canada Council "A" or "B" grants are not prescribed prizes within the meaning of section 7700 of the Regulations to the Income Tax Act (Regulations). With respect to the first group of prizes listed above, we posed several questions with the intent of determining whether such prizes were prescribed.
With respect to the second group of prizes, we advised that they did not appear to be prescribed prizes based on the information available to us at that time. You have asked us to reconsider the matter in light of the additional information provided in your letter.
It is a question of fact as to whether or not any particular award qualifies as a prescribed prize and as such can only be determined upon a review of all the relevant information and documentation. Insofar as we have not reviewed the documentation or brochures available in respect of these awards, our comments should not be considered binding on the Department.
You indicate that all but the last three prizes listed above are given over and above any "A" or "B" Canada Council grant received by the award winner and that the recipient of the award (other than the Victor Martyn-Lynch-Staunton Award, the Duke and Duchess of York Prize in Photography and the Joseph S. Stauffer Prize) is not required to complete any project or provide any service in order to obtain the award. You also state that each of the first seven awards or prizes listed above is awarded for outstanding and meritorious achievement in the arts and that the award or prize is well publicized and known by the general public.
Based on the comments in your letter, it would appear that the Virginia P. Moore Prize, the Petro-Canada Award for Media Arts, the Sir Ernest MacMillan Memorial Prize in Choral Conducting, the Jean-Marie Beaudet Award, the Jules Leger Prize, the Jacqueline Lemieux Prize and the Sylva Gelber Foundation Award would qualify as prescribed prizes.
We trust our comments will be of assistance to you.
Yours truly,
P.D. Fuoco for DirectorBusiness and General DivisionRulings DirectorateLegislative and Intergovernmental Affairs Branch
c.c. Client Assistance Directoratec.c. Assessment of Returns Directoratec.c Technical Publications Division
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© Her Majesty the Queen in Right of Canada, 1994
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© Sa Majesté la Reine du Chef du Canada, 1994
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