Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
1999-12-24 23 November 1999 External T.I. 9904975 F - CREDIT D'IMPOT POUR ETUDES Income Tax Act - Section 118.6 - Subsection 118.6(1) - Designated Educational Institution - Paragraph (a) - Subparagraph (a)(ii) general high-school-type education does not constitute vocational training
26 November 1999 External T.I. 9905485 F - EXON. D'UN REVENU D'EMPLOI-INDIEN Other Legislation/Constitution - Federal - Indian Act - Section 87 working for the Department of Indian and Northern Affairs on First Nations matters did not alter the Guidelines’ application
26 November 1999 External T.I. 9905595 F - EXON. D'UN REVENU D'EMPLOI-INDIEN Other Legislation/Constitution - Federal - Indian Act - Section 87 Guidelines applied in the normal matter notwithstanding working for the Department of Indian and Northern Affairs on First Nations matters
26 November 1999 External T.I. 9907255 F - EXON. D'UN REVENU D'EMPLOI-INDIEN Other Legislation/Constitution - Federal - Indian Act - Section 87 Guideline 3 did not apply to frequent meetings on a reserve unless more than 50% of the duties of employment were performed on a reserve
1 December 1999 External T.I. 9908225 F - BIEN AMORTISSABLE TRANS. AU CONJOINT Income Tax Act - Section 13 - Subsection 13(7) - Paragraph 13(7)(e) capital cost maintained at historical amount on spousal transfer notwithstanding s. 119.6(19) step-up
24 November 1999 External T.I. 9909485 F - DEDUCTION OUTILS TECH. AUTO. Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(i) - Subparagraph 8(1)(i)(iii) no deduction for the bearing of tool purchases or employer-mandated clothes-cleaning costs
17 November 1999 External T.I. 9909885 F - DÉCÈS - CONVENTION DE RETRAITE Income Tax Act - Section 70 - Subsection 70(2) where genuine doubt as to whether an amount payable out of an RCA is a periodic amount, or right or thing, taxpayer can choose
14 July 1999 Internal T.I. 9913170 F - APPLICATION 20(4) Income Tax Act - Section 20 - Subsection 20(4) no s. 20(4) deduction for payment made on a guarantee of an assumed mortgage (being a novated mortgage) given at the time of sale of the building
16 September 1999 External T.I. 9913250 F - AVANTAGE À UN ACTIONNAIRE Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose asset purification expenses incurred for business reasons of the corporation should satisfy the s. 18(1)(a) test
Income Tax Act - Section 15 - Subsection 15(1) expenses reasonably incurred for business reasons relating to the corporation are disregarded for s. 15(1) purposes
26 October 1999 Internal T.I. 9913270 F - BOISE-ENTREPRISE OU PLACEMENT Income Tax Act - Section 248 - Subsection 248(1) - Farming woodlot operation can be farming if its main purposes is not logging
26 October 1999 Internal T.I. 9913280 F - PERTE EN CAPITAL VS PTPE Income Tax Act - Section 39 - Subsection 39(1) - Paragraph 39(1)(c) - Subparagraph 39(1)(c)(ii) s. 111(4)(d) loss cannot be a BIL under s.329(1)(c)(ii) (but might be under 39(1)(c)(i))
28 October 1999 Internal T.I. 9913290 F - APPLICATION DE LA LOI Income Tax Act - Section 69 - Subsection 69(1) - Paragraph 69(1)(b) “anything” is comparable to “property”
26 October 1999 Internal T.I. 9913300 F - CADEAU BOISSON, VOYAGE BATEAU Income Tax Act - Section 67.1 - Subsection 67.1(1) limitation applies to an expense for the purchase of bottles of beverages that will be given to customers
Income Tax Act - Section 67.1 - Subsection 67.1(4) - Paragraph 67.1(4)(a) s. 67.1(4) does not extend to boats (e.g., cruise ships) since a significant amount paid for the trip might relate to food, beverages and entertainment
19 October 1999 External T.I. 9915495 F - BFT - RENOVATION Income Tax Act - Section 125.1 - Subsection 125.1(3) - Canadian Manufacturing and Processing Profits refurbishing of used lift trucks could qualify
4 November 1999 External T.I. 9920555 F - ATTRIBUTION REGLES Income Tax Act - Section 73 - Subsection 73(1) s. 73(1) rollover does not reduce the ACB of the note given by the transferee spouse for the full FMV of the transferred property
15 November 1999 External T.I. 9921275 F - GROUPE DE CONTRÔLE Income Tax Act - Section 251.2 - Subsection 251.2(2) - Paragraph 251.2(2)(a) unclear whether an acquisition of control where two of the three shareholders of Opco dispose of a portion of their shares to a purchaser
8 November 1999 External T.I. 9921935 F - SOCIÉTÉS EXONÉRÉES D'IMPÔT Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(d.3) (d.3) exemption applies for any combination within the 90% shareholding of (d.2) and (d) corps
4 November 1999 External T.I. 9921945 F - TRAVAIL DAN LA MAISON Income Tax Act - Section 18 - Subsection 18(12) s. 18(12) applies where a partnership of individuals carries on a bed and breakfast business and they live in a portion of the building
17 November 1999 External T.I. 9922485 F - RPAMS Income Tax Act - Section 248 - Subsection 248(1) - Private Health Services Plan health spending account carryforward provisions were too generous for it to qualify as a PHSP
7 December 1999 External T.I. 9924335 F - ACTIVITÉS DE FABRICATION ET TRANSFORMATION Income Tax Act - Section 125.1 - Subsection 125.1(3) - Canadian Manufacturing and Processing Profits each associated corporation in the production chain could treat its transformative activities for sale to the next entity as qualifying/ Crown Tire generally preferred to Stowe-Woodward
Income Tax Regulations - Regulation 5202 - Cost of Labour work normally done by contractors cannot qualify as cost of labour
9 November 1999 External T.I. 9926315 F - SENS DE "ADOPTION DE FAIT" Income Tax Act - Section 251 - Subsection 251(6) - Paragraph 251(6)(c) meaning of “adopted … in fact”
24 November 1999 External T.I. 9926555 F - DEDUCTION DES INTERETS Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) confirmation of IT-315, para. 2 re leveraged purchase and amalgamation
29 October 1999 External T.I. 9927185 F - REÉÉ - RÔLE DU TUTEUR Income Tax Act - Section 146.1 - Subsection 146.1(1) - Subscriber - Paragraph (a) Quebec tutor may be a subscriber
Income Tax Act - Section 146.1 - Subsection 146.1(1) - Education Savings Plan - Paragraph (a) - Subparagraph (a)(i) tutor is not a trustee, and may enter into plan contract
1 December 1999 External T.I. 9927575 F - RENONCIATION A UN DIVIDENDE Income Tax Act - Section 80 - Subsection 80(1) - Commercial Debt Obligation dividend waiver does not entail forgiveness of a commercial debt obligation
28 October 1999 External T.I. 9927855 F - PROJET LOTERIE-PAS RULING General Concepts - Audit, Filing and Assessment Procedure ruling request cannot include alternative courses of action
9 November 1999 External T.I. 9927865 F - OPTION D'ACHAT D'ACTIONS Income Tax Act - Section 7 - Subsection 7(1) - Paragraph 7(1)(a) overview
29 November 1999 External T.I. 9928805 F - BONI VERSE D'UN REER OUR UN FEER Income Tax Act - Section 146 - Subsection 146(8) bonus on stock-market linked debt would not be a benefit to the annuitant
Income Tax Act - Section 146 - Subsection 146(1) - Premium bonus on stock-market linked debt would not be a premium
Income Tax Act - Section 146.3 - Subsection 146.3(3) - Paragraph 146.3(3)(b) bonus on stock-market linked debt would not be a gift
1999-12-10 5 November 1999 Internal T.I. 9827587 F - DÉDUCTION POUR IMPÔTS ÉTRANGERS Treaties - Income Tax Conventions - Article 24 Art. XXIV(5)(b) of the Canada-U.S. Tax Convention, given that Art. XXIV(5)(b) applies to computing a tax credit rather than income from property
Income Tax Act - Section 20 - Subsection 20(11) s. 20(11) deduction available to U.S. citizen residing in Canada
5 November 1999 External T.I. 9828125 F - RÈGLE TRANSITOIRE - 112(3) Income Tax Act - Section 112 - Subsection 112(3) intended use of insurance proceeds to redeem preferred shares of subsidiary held by the Holdco of the deceased was insufficient to engage the grandfathering
5 November 1999 External T.I. 9829435 F - CRÉDIT D'IMPÔT POUR EMPLOI À L'ÉTRANGER Income Tax Act - Section 122.3 - Subsection 122.3(1.1) - Paragraph 122.3(1.1)(c) “but for” test was satisfied
5 November 1999 External T.I. 9830055 F - DIVIDENDE EN ACTIONS Income Tax Act - Section 74.4 - Subsection 74.4(2) - Paragraph 74.4(2)(f) amount of stock dividend for s. 74.4(4)(f) purposes is the PUC increase
5 November 1999 External T.I. 9901555 F - SOCIETE EXPLOITANT UNE PETITE ENTREPRISE Income Tax Act - Section 248 - Subsection 248(1) - Small Business Corporation shareholding held by taxpayer was not necessary for the operation of its business
8 November 1999 External T.I. 9905015 F - PLACEMENTS EN COMMUN - DÉCÈS D'UN DÉTENTEUR Income Tax Act - Section 20 - Subsection 20(14) application of s. 20(14) to a joint bank account of deceased and survivor

Pages