Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2015-04-29 4 March 2015 External T.I. 2014-0550761E5 F - 44(1) et disposition partielle Income Tax Act - Section 248 - Subsection 248(1) - Former Business Property part of building treated as former business property
Income Tax Act - Section 44 - Subsection 44(1) partial destruction of building
Income Tax Act - Section 54 - Proceeds of Disposition - Paragraph (f) insurance proceeds received for destruction of part of building: compensation for property damaged rather than destroyed
11 February 2015 External T.I. 2014-0550871E5 F - RAP situation particulière Income Tax Act - Section 146.01 - Subsection 146.01(1) - Regular Eligible Amount - Paragraph (b) interest in home passing on an intestacy and through gift could qualify
13 April 2015 External T.I. 2012-0449141E5 F - Usufruct Income Tax Act - Section 75 - Subsection 75(2) 75(2) applies to termination of usufruct
Income Tax Act - 101-110 - Section 107 - Subsection 107(2.1) 107(2.1) application to termination of usufruct created for valuable consideration
Income Tax Act - Section 248 - Subsection 248(3) application of trust provisions to creation of usufruct
5 March 2015 External T.I. 2014-0553241E5 F - Bornes de recharge – avantage imposable Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) no benefit from free car-charging station
4 February 2015 Internal T.I. 2014-0561571I7 F - Remboursement des frais d'activité physique Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) reimbursement of employee physical activity expenses is taxable benefit
10 March 2015 External T.I. 2014-0552551E5 F - Vente du droit d'exploiter une sablière Income Tax Act - Section 9 - Capital Gain vs. Profit - Real Estate application of capital gains criteria on woodlots to sale of rights to extract sand
Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(g) sale of rights to extract sand generally not caught unless a profit à prendre
Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1) - Qualified Farm or Fishing Property sale of rights to extract sand could be considered sale of qualified farm or fishing property
4 March 2015 Internal T.I. 2015-0567791I7 F - Exemption résidence principale louée à un enfant Income Tax Act - Section 54 - Principal Residence house leased to son with CCA claimed can be designated as principal residence
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

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