Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2001-03-16 28 February 2001 External T.I. 2000-0056175 F - RETENUES A LA SOURCE PAR UN SYNDICAT Income Tax Act - Section 153 - Subsection 153(1) - Paragraph 153(1)(a) damages received by a union re unpaid wages of the employer were subject to source deductions when paid by it to the employee, if it received the damages as the employee’s agent
Income Tax Regulations - Regulation 100 - Subsection 100(1) - Remuneration source deductions applicable to payment of remuneration by someone other than the employer
1 March 2001 External T.I. 2001-0071175 F - Don de biens culturels - copropriété Income Tax Act - Section 118.1 - Subsection 118.1(1) - Total Cultural Gifts gift of undivided interest in a cultural property to a designated owner co-owner
15 February 2001 External T.I. 1999-0008405 F - Lien de dépendance Income Tax Act - Section 84.1 - Subsection 84.1(1) secured promissory note potentially could give rise to de facto control
Income Tax Act - Section 251 - Subsection 251(1) - Paragraph 251(1)(c) holding of secured note for 80% of purchaser’s assets potentially could give rise to de facto control
2001-03-02 26 February 2001 External T.I. 2000-0017635 F - choix modifié et PBR rajusté Income Tax Act - Section 85 - Subsection 85(1) - Paragraph 85(1)(c.1) where expenses reducing ACB of transferred partnership interest were denied, automatic increase in agreed amount in statute-barred year of transfer under s. 85(1)(c.1)
22 February 2001 External T.I. 2000-0042795 F - Epargne indiciellle et JVM Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(c) no requirement to recognize interest on disposition of stock-index-linked term deposit
1 March 2001 External T.I. 2000-0050275 F - Remboursement de prime / enfant infirme Income Tax Act - Section 146 - Subsection 146(8.1) overview of rules for transfer of taxpayer’s RRSP on death to financially dependent child
5 February 2001 Internal T.I. 2000-0062927 F - Société civile française Income Tax Act - Section 96 French civil partnership is a partnership, not a corporation
2001-02-16 1 February 2001 External T.I. 2000-0008675 F - Avantage-société devenue imposable Income Tax Act - Section 15 - Subsection 15(1) inevitable s. 15(1) benefit when not-for-profit with surplus is converted to a share corporation and the members subscribe for shares
5 February 2001 External T.I. 2000-0032695 F - Convention fiscale Canada-France Treaties - Income Tax Conventions - Article 7 profits based consulting fee paid to French company with no PE in Canada was exempted under Art. 7 of the Canada-France treaty
Income Tax Act - Section 212 - Subsection 212(1) - Paragraph 212(1)(d) - Subparagraph 212(1)(d)(iii) - Clause 212(1)(d)(iii)(C) profits based consulting fee paid to French company came within s. 212(1)(d)(iii)(C)
6 February 2001 External T.I. 2000-0044095 F - Honoraires - retenue d'impôt non-résident Treaties - Income Tax Conventions - Article 7 management fees exempted from withholding by business profits article in Canada-US treaty
1 February 2001 External T.I. 2000-0049655 F - Transfert entre conjoints de crédit d'impôt Income Tax Act - Section 118.1 - Subsection 118.1(1) - Total Cultural Gifts credits from gifts of cultural property can be reallocated between spouses, but s. 69 gains cannot be reallocated
12 February 2001 External T.I. 2000-0056905 F - ALLOCATION POUR FRAIS DE STATIONNEMENT Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose allowances for no-receipt parking were generally deductible
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) allowances for commuting to successive construction sites were not for travel in the course of employment
6 February 2001 External T.I. 2000-0059485 F - DBFT - Sous-traitants - textile Income Tax Act - Section 125.1 - Subsection 125.1(3) - Canadian Manufacturing and Processing Profits goods can be physically manufactured abroad if Canco exercises extensive involvement and control over the content, design, and physical qualities of the goods from inception to completion
Income Tax Regulations - Regulation 5202 - Qualified Activities no cost of labour or qualifying activities if the core manufacturing activities are outside Canada
6 February 2001 External T.I. 2000-0060435 F - Exclusion des frais d'exploration Income Tax Act - Section 66.1 - Subsection 66.1(6) - Canadian exploration expense - Paragraph (k.1) ATV was excluded
29 January 2001 Internal T.I. 2000-0062827 F - Placement admissible - conjoint de fait Income Tax Regulations - Regulation 4901 - Subsection 4901(2) - Connected Shareholder RRSPs of two individuals prior to their marriage were not necessarily not dealing at arm’s length
5 February 2001 External T.I. 2001-0067135 F - Dividend-General Income Tax Act - Section 84.1 - Subsection 84.1(1) application of s. 84.1 on sale of 50% shareholding to corporation owned by the transferor and his spouse
2001-02-02 16 January 2001 External T.I. 2000-0009685 F - avantage - usage par l'actionnaire Income Tax Act - Section 15 - Subsection 15(1) no s. 15(1) benefit where aircraft of corporation is used for the personal benefit of its sole shareholder, who bears the cost and expenses
22 January 2001 External T.I. 2000-0012025 F - cotisations sociales Income Tax Act - Section 126 - Subsection 126(7) - Non-Business-Income Tax Belgian social security contributions imposed on Belgian director’s fees (treated as self-employed earnings for Belgian purposes) were non-business-income taxes
7 December 2000 Internal T.I. 2000-0023207 F - OPTIONS D'ACHAT D'ACTIONS Income Tax Act - Section 7 - Subsection 7(3) - Paragraph 7(3)(b) s. 7(3)(b) does not preclude employer from deducting amounts paid out under stock option agreement
18 December 2000 Internal T.I. 2000-0023807 F - IMPORT DE LA PARTIE 1.3 COMPENSATION Income Tax Act - Section 181 - Subsection 181(3) loan set-off in accordance with GAAP reduced the taxpayer’s capital
8 November 2000 Internal T.I. 2000-0025167 F - RECONNAISSANCE DU REVENU D'INTERET Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(c) interest paid to the taxpayer on cancelling an assessment was income to the subrogated insurer
General Concepts - Ownership interest on tax refund was income to the insurer who had been subrogated to the taxpayer’s claim against CRA
24 January 2001 External T.I. 2000-0028895 F - Contingent de versement/perte Income Tax Act - Section 149.1 - Subsection 149.1(1) - Disbursement Quota investment of amount or depreciation in the investment is not the expending of an amount
15 January 2001 External T.I. 2000-0033765 F - DEDUCTION DES INTERETS/RACHATS D'ACTIONS Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) policy re loans to distribute PUC or accumulated profits, or redeem
17 January 2001 External T.I. 2000-0041375 F - REMBOURSEMENT DE PRIME/ENFANT INFIRME Income Tax Act - Section 146 - Subsection 146(8.1) s. 146(8.1) election and s. 60(l)(ii) transfer re bequest of RRSP to adult disabled child’s RRSP
1 February 2001 External T.I. 2000-0041535 F - Actionnaire rattaché / droit de 1er refus Income Tax Regulations - Regulation 4901 - Subsection 4901(2.2) - Paragraph 4901(2.2)(b) comments in IT-419R, para. 13 re shotgun clauses etc. are applicable to Reg. 4901(2.2)(b)
23 January 2001 External T.I. 2000-0045445 F - DETTE D'UN ACTIONNAIRE - FIDUCIE Income Tax Act - Section 251 - Subsection 251(1) - Paragraph 251(1)(b) where Opco makes a loan to a wholly-owned trust, the shareholder of Opco does not deal at arm’s length with the trust
Income Tax Act - Section 15 - Subsection 15(2) where Opco makes a loan to a wholly-owned trust, the loan is included in the trust’s income assuming that an Opco shareholder did not deal with it at arm’s length with Opco
1 December 2000 Internal T.I. 2000-0048437 F - PAIEMENTS ANTERIEURS Income Tax Act - Section 56.1 - Subsection 56.1(3) agreement must show a clear intent to amend the agreement to include the prior payments
19 January 2001 Internal T.I. 2000-0049187 F - PENSION ALIMENTAIRE-ACCORD SUBSEQUENT Income Tax Act - Section 56.1 - Subsection 56.1(4) - Commencement Day - Paragraph (b) - Subparagraph (b)(iii) amendment to support amount triggered a commencement day
25 January 2001 External T.I. 2000-0049565 F - PAIEMENTS FORFAITAIRES RETROACTIFS Income Tax Act - 101-110 - Section 110.2 - Subsection 110.2(1) - Qualifying Amount retiring allowance could qualify if paid pursuant to settlement agreement of an action, and could be specified portion if related to prior year’s lost income
31 January 2001 External T.I. 2000-0050465 F - TRANSFERT D'UN BIEN AGRICOLE Income Tax Act - Section 73 - Subsection 73(3) immediately “before the transfer” referenced a period of less than three years

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