Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2015-01-28 13 November 2014 External T.I. 2014-0535041E5 F - Bien de remplacement – Location d'immeubles Income Tax Act - Section 44 - Subsection 44(5) - Paragraph 44(5)(a.1) rental property use before and after satisfies test
10 November 2014 External T.I. 2014-0536851E5 F - Terre à bois et Plan d'aménagement forestier Income Tax Act - Section 73 - Subsection 73(3) - Paragraph 73(3)(c) mere absence of a FMP does not preclude the rollover
17 October 2014 Internal T.I. 2014-0535561I7 F - Application du paragraphe 249(3) Income Tax Act - Section 249 - Subsection 249(3) subsequent stub period income is excluded
2015-01-21 17 October 2014 External T.I. 2014-0532121E5 F - Frais professionnels - Divulgation volontaire Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Legal and other Professional Fees voluntary disclosure fees generally non-deductible
Income Tax Act - Section 60 - Paragraph 60(o) fees become deductible from CRA indicating it will reassess
1 October 2014 External T.I. 2013-0476081E5 F - Allocation pour une automobile Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) NPO drivers not taxable on $0.42 per kilometer received for driving services
3 September 2014 Internal T.I. 2014-0533361I7 F - Ligne directrice 4 Other Legislation/Constitution - Federal - Indian Act - Section 87 Guideline 4 not met where Indian organization had non-Indian clients
25 September 2014 External T.I. 2014-0528211E5 F - Cotisation payée par l'employeur Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) - Subparagraph 6(1)(a)(i) negotiated wage reduction in exchange for increased contributions to group sickness or accident insurance plan
3 September 2014 External T.I. 2014-0523861E5 F - Clause pénale Income Tax Act - Section 9 - Compensation Payments any application of surrogatum principle to a penalty clause in a lease would depend inter alia on the lease and penalty terms
5 June 2014 Internal T.I. 2014-0532281I7 F - Chambre des communes-donataire reconnu 149.1(1) Income Tax Act - Section 149.1 - Subsection 149.1(1) - Qualified Donee - Paragraph (a) - Subparagraph (a)(iii) Parliament does not perform a function of government
23 December 2014 External T.I. 2013-0487791E5 F - Période d'amortissement du revenu d'emphytéose Income Tax Act - Section 248 - Subsection 248(1) - Disposition sum received on granting an emphyteusis is proceeds of disposition
Income Tax Act - Section 9 - Timing sum received on granting an emphyteusis is proceeds because it is not a lease
2015-01-14 11 October 2013 APFF Roundtable, 2013-0495621C6 F - Changement usage - Duplex Income Tax Act - Section 45 - Subsection 45(2) duplex a single property
10 October 2014 APFF Roundtable, 2014-0538131C6 F - revenus d'achats intégrés Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(a) full inclusion for in-app sales
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(m) no reserve for extended use by purchasers of in-apps
10 October 2014 APFF Roundtable, 2014-0538101C6 F - Avantage automobile en vertu de 15(5) Income Tax Act - Section 15 - Subsection 15(1.4) - Paragraph 15(1.4)(c) no double taxation to shareholder re employment auto benefit conferred on son
10 October 2014 APFF Roundtable, 2014-0538621C6 F - Disposition en contrepartie de 1$ Income Tax Act - Section 69 - Subsection 69(1) - Paragraph 69(1)(c) treatment of transfer for nominal consideration as "gift" turns on Quebec law
10 October 2014 APFF Roundtable, 2014-0538121C6 F - Détermination de la JVM des actions General Concepts - Fair Market Value - Shares deferred tax liabilities not factored into share FMV
2015-01-07 13 November 2014 External T.I. 2014-0523911E5 F - Frais médicaux Income Tax Act - Section 118.2 - Subsection 118.2(2) - Paragraph 118.2(2)(a) Quebec osteopath and orthotherapist services excluded from METC
27 November 2014 External T.I. 2013-0503861E5 F - Application du paragraphe 248(16) Income Tax Act - Section 248 - Subsection 248(16) ETA s. 193 ITC claim does not reduce UCC under s. 85(1)(e)(i)
Income Tax Act - Section 85 - Subsection 85(1) - Paragraph 85(1)(e) ETA s. 193 ITC generated on drop-down does not reduce UCC at that time
27 October 2014 External T.I. 2013-0507001E5 F - Obligation de remplir un T2200 pour un employé Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(h.1) employer expected to provide T2200 if applicable
27 October 2014 External T.I. 2012-0471391E5 F - Entreposage d'inventaire à domicile Income Tax Act - Section 18 - Subsection 18(12) separate samples storage room part of home office
Income Tax Act - Section 8 - Subsection 8(13) inventory storage part of work place
23 September 2014 External T.I. 2013-0509021E5 F - Rajustement obligatoire Income Tax Act - Section 28 - Subsection 28(1) - Paragraph 28(1)(c) qualification of non-breeding animals as inventory
2 October 2014 External T.I. 2013-0491411E5 F - Allocation pour une automobile Income Tax Act - Section 3 compensation for car rides not received in the course of employment or a business
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) compensation for providing car rides not received in course of employment
2014-12-30 10 October 2014 APFF Roundtable, 2014-0538241C6 F - 75(2) and definition of "earned income" in 146(1) Income Tax Act - Section 146 - Subsection 146(1) - Earned Income character preservation of s. 75(2) attributed income
Income Tax Act - Section 40 - Subsection 40(3.6) basis adjustment for denied capital loss (otherwise subject to s. 75(2) attribution) at trust level
Income Tax Act - Section 75 - Subsection 75(2) character preservation of attributed income/basis adjustment for denied capital loss at trust level
2014-12-23 10 October 2014 APFF Roundtable, 2014-0538261C6 F - Disposition of capital interest/personal trust Income Tax Act - 101-110 - Section 107 - Subsection 107(2) issuance of note by trust is not distribution of trust property
Income Tax Act - 101-110 - Section 108 - Subsection 108(1) - Cost Amount note issuance is not trust property distribution to a beneficiary
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) non-deductible interest on note issued to beneficiary
10 October 2014 APFF Roundtable, 2014-0538221C6 F - Day Trading in RRSP Income Tax Act - Section 146 - Subsection 146(4) - Paragraph 146(4)(b) RRSP/RRIF day-trading of qualified investments is exempt
2014-12-17 7 November 2014 External T.I. 2014-0549571E5 F - Attribution rule Income Tax Act - Section 74.4 - Subsection 74.4(4) disqualification by interests held through a 2nd corporation
2014-12-10 10 October 2014 APFF Roundtable, 2014-0534821C6 F - Question 2 - APFF Round Table Income Tax Act - Section 212 - Subsection 212(1) - Paragraph 212(1)(l) non-resident survivor spouse must obtain SIN to make exempt transfer
10 October 2014 APFF Roundtable Q. 4, 2014-0534831C6 F - 2014 APFF Roundtable, Q. 4 - Late-filed 86.1 election & 220(3.5) penalty Income Tax Act - Section 86.1 - Subsection 86.1(2) general principles applied to relief of s. 86.1 late-election penalties
10 October 2014 APFF Roundtable Q. 4, 2014-0538231C6 F - 2014 APFF Roundtable, Q. 4 - Beneficially interested Income Tax Act - Section 248 - Subsection 248(25) legatee by particular title is included notwithstanding priority over heirs
10 October 2014 APFF Roundtable Q. 5, 2014-0534851C6 F - 2014 APFF Roundtable, Q. 5 - 251.1(3) Definition of "contributor" Income Tax Act - Section 251.1 - Subsection 251.1(3) - Contributor contributor includes decedent
10 October 2014 APFF Roundtable Q. 6, 2014-0538251C6 F - 2014 APFF Roundtable, Q. 6 - Application of subsection 75(2) after Sommerer General Concepts - Rectification & Rescission no comment on Pallen Trust

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