2002-10-11 |
2 October 2002 Internal T.I. 2002-0135807 F - Lumpsum Somme Forfaitaire Reg 102 / 103 |
Income Tax Regulations - Regulation 103 - Subsection 103(4) - Paragraph 103(4)(c) |
withholding on retiring allowance paid in periodic instalments determined under Reg. 102(1) |
2002-10-11 |
29 October 2002 External T.I. 2002-0135815 F - BONI CADEAUX RECOMPENSES |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) |
bonus received by employees under a profit-sharing program not covered by gifts exclusion in ITTN No. 22 |
2002-10-11 |
25 October 2002 External T.I. 2002-0137705 F - Butterfly |
Income Tax Act - Section 85 - Subsection 85(1) - Paragraph 85(1)(e) |
CCRA will permit UCC to be split on a pro rata basis under s. 85(1)(e)(i) where the butterfly entails s. 85(1) drop-downs to Newco subs of DC followed by their transfers to TCs |
2002-10-11 |
31 October 2002 External T.I. 2002-0141265 F - NATURE D'UN BIEN APRES ROULEMENT |
Income Tax Act - Section 9 - Capital Gain vs. Profit - Real Estate |
property does not change its character as capital property where transferred to related corporation under s. 85(1) for immediate sale |
2002-10-11 |
31 October 2002 External T.I. 2002-0141265 F - NATURE D'UN BIEN APRES ROULEMENT |
Income Tax Act - Section 69 - Subsection 69(11) |
no GAAR abuse where transfer of appreciated capital property to affiliated Lossco for immediate sale |
2002-10-11 |
4 November 2002 External T.I. 2002-0158885 F - Alloc. of Safe Inc. & Disc. Div. Shares |
Income Tax Act - Section 55 - Subsection 55(2.1) - Paragraph 55(2.1)(c) |
payment of dividends on discretionary dividend shares with no liquidation entitlement would not result in a significant reduction |
2002-10-11 |
4 November 2002 Internal T.I. 2002-0160697 F - REPARTITION DU PLAFOND |
Income Tax Act - Section 125 - Subsection 125(5) - Paragraph 125(5)(a) |
s. 125(5)(a) did not apply to a CCPC for its 2nd 2000 taxation year resulting from an acquisition of control causing it to be associated with a different CCPC |
2002-10-11 |
22 October 2002 External T.I. 2002-0162835 F - Recbles Recd. after Disp. of Farm. Bus. |
Income Tax Act - Section 28 - Subsection 28(5) |
income stabilization amounts that were receivable at the time of s. 85(1) drop-down of cash-method farming business were deemed to be income when subsequently received |
2002-09-27 |
17 October 2002 External T.I. 2002-0130915 F - PAIEMENT FORFAITAIRE RETROACTIF |
Income Tax Act - Section 110.2 - Subsection 110.2(1) - Qualifying Amount - Paragraph (a) - Subparagraph (a)(i) |
out-of-court settlement did not qualify |
2002-09-27 |
24 October 2002 Internal T.I. 2002-0140527 F - PENSION ALIMENTAIRE |
Income Tax Act - Section 56.1 - Subsection 56.1(4) - Support Amount |
no discretion as to use of cheques if required to endorse them back to the payor |
2002-09-27 |
17 October 2002 Internal T.I. 2002-0159107 F - SALAIRE PAYE D'AVANCE |
Income Tax Act - Section 5 - Subsection 5(1) |
good argument that an advance to be repaid out of the final pay was advance wages rather than a loan |
2002-09-27 |
24 October 2002 External T.I. 2002-0160715 F - ASSURANCE-VIE IMPOSITION AUX TROIS ANS |
Income Tax Act - Section 12.2 - Subsection 12.2(3) |
determination of exempt policy status within bailiwick of insurer |
2002-09-27 |
18 October 2002 External T.I. 2002-0163615 F - Waiver of Capital Dividend |
Income Tax Act - Section 56 - Subsection 56(2) |
s. 56(2) inapplicable to waiver of capital dividend |
2002-09-13 |
31 July 2002 Internal T.I. 2002-0136937 F - Placement Français "Assurance-salaire-vie |
Treaties - Income Tax Conventions - Article 18 |
withdrawal from French employee-contribution plan (assurance-salaire-vie) was not a “pension” |
2002-09-13 |
31 July 2002 Internal T.I. 2002-0136937 F - Placement Français "Assurance-salaire-vie |
Income Tax Act - Section 233.3 - Subsection 233.3(1) - Reporting Entity |
cost amount of foreign retirement plan may have been stepped up under s. 128.1(1) |
2002-09-13 |
4 October 2002 Internal T.I. 2001-010564A F - PENSION ALIMENTAIRE-ARRERAGES |
Income Tax Act - Section 60 - Paragraph 60(b) |
lump sum payment in settlement of periodic support payments in arrears is an amount payable on a periodic basis |
2002-09-13 |
4 October 2002 Internal T.I. 2001-010564A F - PENSION ALIMENTAIRE-ARRERAGES |
General Concepts - Payment & Receipt |
set-off does not constitute payment unless the parties so agree |
2002-09-13 |
2 October 2002 External T.I. 2002-0118815 F - DIABETE JUVENILE |
Income Tax Act - Section 118.3 - Subsection 118.3(1) - Paragraph 118.3(1)(a.1) |
child with juvenile diabetes does not generate the infirm credit, including under para. (a.1) |
2002-09-13 |
3 October 2002 External T.I. 2002-0122345 F - EN RAPPORT AVEC ENTREPRISE |
Income Tax Act - Section 37 - Subsection 37(1) - Paragraph 37(1)(a) - Subparagraph 37(1)(a)(i) |
related-business requirement will generally be satisfied where the results of the SR&ED, if successful, have a direct and beneficial application in the taxpayer’s business |
2002-09-13 |
3 October 2002 External T.I. 2002-0122345 F - EN RAPPORT AVEC ENTREPRISE |
Income Tax Act - Section 37 - Subsection 37(1.1) |
SR&ED performed by sub to improve products of unrelated business of parent is deemed to be related to sub’s business |
2002-09-13 |
26 September 2002 External T.I. 2002-0128955 F - 84.1(1)(b) Deem Dividend 83(2) CDA |
Income Tax Act - Section 83 - Subsection 83(2) |
s. 84.1 deemed dividend to someone who in fact was not a shareholder was not eligible for an s. 83(2) election |
2002-09-13 |
3 October 2002 External T.I. 2002-0133525 F - CADEAUX QUASI-MONETAIRES |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) |
awards of gifts certificates that could be exchanged for under $500 of the employer’s goods were taxable benefits |
2002-09-13 |
4 October 2002 Internal T.I. 2002-0139807 F - REMBOURSEMENT DE TPS |
Income Tax Act - Section 6 - Subsection 6(8) - Paragraph 6(8)(b) |
GST rebate claimed by employee re CCA on car after its sale reduces UCC pursuant to J of formula rather than under s. 13(7.1) |
2002-09-13 |
4 October 2002 Internal T.I. 2002-0139807 F - REMBOURSEMENT DE TPS |
Income Tax Act - Section 13 - Subsection 13(21) - Undepreciated Capital Cost - J |
GST rebate received after sale of asset would not, under J of UCC formula, produce recapture |
2002-09-13 |
4 October 2002 Internal T.I. 2002-0139807 F - REMBOURSEMENT DE TPS |
Income Tax Act - Section 13 - Subsection 13(7.1) |
GST rebate claim reduced UCC pursuant to J of formula rather than under s. 13(7.1, since claimed after asset’s disposition |
2002-09-13 |
30 September 2002 Internal T.I. 2002-0152107 F - BRANCHEMENT A DES SERVICES PUBLICS |
Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(c) - Subparagraph 8(1)(c)(iii) |
utilities do not extend to cable, satellite TV and internet in light of s. 8(1) preamble |
2002-09-13 |
30 September 2002 Internal T.I. 2002-0152107 F - BRANCHEMENT A DES SERVICES PUBLICS |
Income Tax Act - Section 62 - Subsection 62(3) - Paragraph 62(3)(g) |
utilities include cable, satellite TV and internet |
2002-09-13 |
2 October 2002 Internal T.I. 2002-0153417 F - REVENU D'EMPLOI ORGANISATION |
Income Tax Regulations - Regulation 8900 - Subsection 8900(1) - Paragraph 8900(1)(b) |
Montreal IFC not a prescribed organization |
2002-09-13 |
1 October 2002 Internal T.I. 2002-0154887 F - DEPENSES DE REPAS |
Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(g) |
simplified method not available for self-employed individuals |
2002-08-30 |
13 August 2002 External T.I. 2002-0143255 F - Par. 70(6)(b) |
Income Tax Act - Section 70 - Subsection 70(6) - Paragraph 70(6)(b) |
retained income treated as capital for s. 70(6)(b) purposes in subsequent years/ direct payment of spouse’s expenses with express or implied consent is permissible |
2002-08-30 |
20 August 2002 External T.I. 2002-0145225 F - Contingent Right to Acquire Shares |
Income Tax Act - Section 251 - Subsection 251(5) - Paragraph 251(5)(b) |
s. 251(5)(b) not applied iteratively, where shareholders have a pro rata right to acquire another’s shares, and a contingent right to acquire those shares not taken up in the 1st round |
2002-08-30 |
17 September 2002 Internal T.I. 2002-0149147 F - SERVICES MEDICAUX-TEMOIGNAGE |
Income Tax Act - Section 118.2 - Subsection 118.2(2) - Paragraph 118.2(2)(a) |
physician’s court testimony was not medical services |
2002-08-30 |
13 September 2002 External T.I. 2002-0159525 F - Non-Arm's Length Sale of Shares |
Income Tax Act - Section 251 - Subsection 251(1) - Paragraph 251(1)(c) |
CCRA does not generally presume that an uncle and nephew do not deal at arm’s length |
2002-08-30 |
11 September 2002 External T.I. 2002-0161005 F - REÇU POUR DON - MUNICIPALITÉ |
Income Tax Act - Section 110.1 - Subsection 110.1(2) |
a local municipality incorporated under the Quebec Municipal Territorial Organization Act could issue receipts for gifts received |
2002-08-02 |
12 August 2002 External T.I. 2002-0150095 F - Capital Dividend Account |
Income Tax Act - Section 89 - Subsection 89(1) - Capital Dividend Account - Paragraph (d) |
surrogatum principle not applied to damages received from insurance company for alleged default in paying life insurance proceeds |
2002-08-02 |
16 August 2002 Internal T.I. 2002-0156577 F - ASSURANCE - INVALIDITE - PARITE |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(f) |
previous contributions could be deducted from subsequent equalization adjustment received |
2002-07-19 |
14 August 2002 External T.I. 2001-0116385 F - PARTAGE DE COMMISSIONS |
Income Tax Act - Section 56 - Subsection 56(2) |
a reasonable portion of mutual fund commissions received by a firm should be allocated to its representative who made the sales |
2002-07-19 |
13 August 2002 External T.I. 2002-0121295 F - PBR DES PARTS PRIVILEGIEES |
Income Tax Act - Section 43 - Subsection 43(1) |
sale of preferred and retention of common partnership units entailed part disposition of single property/ different s. 43 allocation methods possible |
2002-07-19 |
13 August 2002 External T.I. 2002-0121295 F - PBR DES PARTS PRIVILEGIEES |
Income Tax Act - Section 248 - Subsection 248(1) - Property |
preferred and common partnership units were single property |
2002-07-19 |
6 August 2002 External T.I. 2002-0130735 F - DISPOSITION D'UN PERMIS |
Income Tax Regulations - Schedules - Schedule II - Class 14 |
licence to operate a seniors home was eligible capital property whereas related agreements with Ministry (that after a point were not automatically renewable) were Class 14 property |