Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2015-04-29 12 February 2015 External T.I. 2014-0550771E5 F - Allocation à des bénévoles - chantier particulier Income Tax Act - Section 118.1 - Subsection 118.1(1) - Total Charitable Gifts mission work volunteers foregoing allowances
Income Tax Act - Section 3 - Paragraph 3(a) - Business Source/Reasonable Expectation of Profit modest compensation to volunteers qua independent contractors not income
Income Tax Act - Section 5 - Subsection 5(1) quite unrepresentative remuneration: exempt
Income Tax Act - Section 6 - Subsection 6(6) mission work under 2 years in LDCs
10 October 2014 APFF Roundtable, 2014-0538061C6 F - Revenu protégé et fiducie Income Tax Act - Section 55 - Subsection 55(2.1) - Paragraph 55(2.1)(c) valid allocation of safe income dividend by discretionary trust to corporate beneficiary
2015-04-22 19 January 2015 External T.I. 2014-0549061E5 F - logement des employés Income Tax Act - Section 6 - Subsection 6(6) - Paragraph 6(6)(a) permanent duties in a precarious field are not temporary duties/ "remote" means over 80 km.
10 February 2015 External T.I. 2014-0549331E5 F - Borne de recharge – catégorie d'amortissement Income Tax Regulations - Schedules - Schedule II - Class 43.2 vehicle charging stations included in Class 8, not 43.1 or 43.2
24 March 2015 External T.I. 2012-0470991E5 F - Mutual fund trust Income Tax Act - 101-110 - Section 104 - Subsection 104(21) flow-through to unitholder of capital gain designated by MFT
Income Tax Act - Section 132 - Subsection 132(6) day trading included in investment undertaking
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose s. 39(4) presumption establishing expense non-deductibility
Income Tax Act - Section 39 - Subsection 39(5) - Paragraph 39(5)(a) election can be made by leveraged day-trading MFT
Income Tax Act - Section 9 - Capital Gain vs. Profit - Shares capital v. income character determined at trust level
15 January 2015 External T.I. 2014-0548101E5 F - Sens de "fabrication ou transformation" Income Tax Act - Section 125.1 - Subsection 125.1(3) - Manufacturing or Processing steel rod plating could qualify
Income Tax Regulations - Schedules - Schedule II - Class 29 “primarily” based on the fraction of time used in the qualifying activities
24 March 2015 External T.I. 2012-0432951E5 F - Application of section 7 Income Tax Act - Section 7 - Subsection 7(1) - Paragraph 7(1)(a) agreement to sell for nil monetary consideration is included
13 November 2014 External T.I. 2014-0536881E5 F - Bien agricole admissible - Boisé Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1.3) - Paragraph 110.6(1.3)(c) disjunctive application of tests for pre-1987 property
3 March 2015 External T.I. 2014-0540051E5 F - Indiens – Intérêts d'une institution hors réserve Other Legislation/Constitution - Federal - Indian Act - Section 87 life annuity purchased off reserve did not qualify
2015-04-15 13 January 2015 Internal T.I. 2013-0497361I7 F - Services performed by a foreign affiliate Income Tax Act - Section 95 - Subsection 95(3) - Paragraph 95(3)(b) prototype testing services not directly related to sales of improved product
Income Tax Act - Section 95 - Subsection 95(3) - Paragraph 95(3)(d) prototype testing services not manufacturing
2015-04-08 16 March 2015 External T.I. 2014-0524371E5 F - Assessment beyond normal reassessment period Income Tax Act - Section 152 - Subsection 152(4.2) s. 152(4.2) not applicable if amount was not erroneous at time of return filing
Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(n) no reversal of taxable benefits if repaid in subsequent year
16 December 2014 External T.I. 2014-0539841E5 F - Testamentary Trust Income Tax Act - 101-110 - Section 108 - Subsection 108(1) - Testamentary Trust transfer from one testamentary trust to another pursuant to a will direction treated as a non-tainting contribution from the deceased
Income Tax Act - Section 248 - Subsection 248(8) - Paragraph 248(8)(a) subsequent will-directed transfer from spousal trust to residue trust occurred as consequence of death
2015-04-01 9 March 2015 External T.I. 2012-0469761E5 F - Rights or things Income Tax Act - Section 70 - Subsection 70(2) right to a trust distribution to be paid out of a dividend declared but not paid by a trust investment
27 January 2015 Internal T.I. 2014-0531331I7 F - Withholdings on retiring allowance Income Tax Regulations - Regulation 103 - Subsection 103(4) annual determination of withholding on retiring allowance instalments
23 December 2014 Internal T.I. 2014-0535921I7 F - Commission d'agent de location Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Improvements v. Repairs or Running Expense leasing commissions currently deductible
26 February 2015 External T.I. 2015-0569601E5 F - Contribution to a TFSA Income Tax Act - Section 146.2 - Subsection 146.2(5) - Paragraph 146.2(5)(c) direct contribution to spouse’s TFSA ends its status/gift to fund spousal contribution acceptable
25 February 2015 External T.I. 2013-0503941E5 F - Priority of subsections 135(2) or 135.1(3) Income Tax Act - Section 135.1 - Subsection 135.1(3) non-deductible excess cannot be carried forward
Income Tax Act - Section 135 - Subsection 135(2.1) numerical carryforward example
2015-03-25 20 January 2015 Internal T.I. 2014-0551121I7 F - Interest deductibility Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) deductible interest incurred before amalgamation not paid until thereafter
2015-03-18 19 January 2015 External T.I. 2014-0547271E5 F - SERP and Lump-Sum Averaging Income Tax Act - 101-110 - Section 110.2 - Subsection 110.2(1) - Qualifying Amount generally available for lump sum commutation from funded or unfunded SERP/T1198 recommended
Income Tax Act - Section 248 - Subsection 248(1) - Superannuation or Pension Benefit lump sum payment from funded or unfunded SERP is included
2015-03-11 14 November 2014 External T.I. 2014-0540411E5 F - Crédit d'impôt pour études Income Tax Act - Section 118.6 - Subsection 118.6(2) T2202A obligatory for student but not the school
Income Tax Act - Section 118.6 - Subsection 118.6(1) - Qualifying Educational Program program with essentially no admission criteria was not at the post-secondary level
25 February 2015 External T.I. 2014-0534681E5 F - Interaction of subsections 69(11) and 70(9.01) Income Tax Act - Section 70 - Subsection 70(9.01) s. 69(11) is ousted by s. 70(9.01)
28 November 2014 Internal T.I. 2014-0531221I7 F - Montants forfaitaires accordés aux témoins Income Tax Act - Section 3 witness protection payments not income if for protection
11 February 2015 External T.I. 2014-0557251E5 F - paragraph 110.1(1)(c) and clause 55(3)(a)(i)(B) Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a) "proceeds" of a gift for s. 55(3)(a)(i)(B) purposes were its deemed s. 69 proceeds of disposition
2015-03-04 4 December 2014 Internal T.I. 2014-0526451I7 F - Assessment beyond the normal reassessment period Income Tax Act - Section 152 - Subsection 152(4) - Paragraph 152(4)(a) - Subparagraph 152(4)(a)(i) taxpayer failure to file was a "misrepresentation"
27 October 2014 Internal T.I. 2014-0534981I7 F - Subsection 40(3.4) Income Tax Act - Section 40 - Subsection 40(3.4) capital loss on partnership interest continues suspended following partnership dissolution
12 December 2014 External T.I. 2013-0511391E5 F - Deemed disposition of capital interest in personal trust Income Tax Act - 101-110 - Section 107 - Subsection 107(2) full step-up of properties distributed in satisfaction of an estate's capital interest in an inter vivos personal trust

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