Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2015-03-11 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 - 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
Income Tax Act - Section 70 - Subsection 70(5) push-down onto property distributed by inter vivos personal trust of s. 70(5)(b) cost of indefeasibly vested capital interest in the trust
2015-02-25 9 February 2015 External T.I. 2013-0480881E5 F - Disposition of Eligible Funeral Arrangement Contracts Income Tax Act - Section 14 - Subsection 14(5) - Cumulative Eligible Capital proceeds on disposition of funeral home business
Income Tax Act - Section 148.1 - Subsection 148.1(2) - Paragraph 148.1(2)(b) proceeds on disposition of funeral home business
2 February 2015 External T.I. 2013-0510751E5 F - Cooperatives and Dividend Refund Income Tax Act - Section 129 - Subsection 129(1) entitlement of agricultural cooperative corporations or cooperative corporations to dividend refunds
Income Tax Act - Section 248 - Subsection 248(1) - Share fractions of cooperative capital not shares
2015-02-18 10 October 2014 APFF Roundtable Q. 12, 2014-0538161C6 - APFF Conference, Q. 22 - ACB of interests in a partnership Income Tax Act - Section 53 - Subsection 53(1) - Paragraph 53(1)(e) - Subparagraph 53(1)(e)(i) Class A and B tracking units held by partner are single property
10 October 2014 APFF Roundtable Q. 16, 2014-0538031C6 - APFF 2014 Q. 16 - Capital gain Income Tax Act - Section 251 - Subsection 251(2) - Paragraph 251(2)(b) - Subparagraph 251(2)(b)(i) incorporator related to corporation
Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a) interposition of holdco to permit related-person spin-off compliant with s. 55(3)(a)(ii) and (v)
Income Tax Act - Section 55 - Subsection 55(3.01) - Paragraph 55(3.01)(g) interposition of holdco to permit related-person spin-off compliant with s. 55(3)(a)(ii) and (v)
2015-02-11 7 November 2014 External T.I. 2014-0535591E5 F - Revenu travailleur autonome Income Tax Regulations - Regulation 200 - Subsection 200(1) expense reimbursements or allowances were subject to T4A reporting
7 November 2014 External T.I. 2014-0536261E5 F - Bien à usage personnel Income Tax Act - Section 54 - Personal-Use Property property rented to brother at FMV rent could be PUP
13 November 2014 External T.I. 2014-0535611E5 F - Changement d'usage suivi d'un roulement Income Tax Act - Section 45 - Subsection 45(3) s. 73(1) transfer does not trigger s. 45(3) deferred gain
15 September 2014 Internal T.I. 2014-0530981I7 F - Délai de 10 ans expiré - 152(4.2) Income Tax Act - Section 152 - Subsection 152(4.2) 10-year limitation is binding even where expiry due to judicial delay/no remission order
19 November 2014 Internal T.I. 2014-0530911I7 F - Transfer pricing secondary adjustments Income Tax Act - Section 247 - New - Subsection 247(12) no secondary adjustment where downward s. 247(2) adjustment to Canadian branch expense
2015-02-04 17 October 2014 Internal T.I. 2014-0546091I7 F - Indemnités lors d'une négociation de gré à gré Income Tax Act - Section 40 - Subsection 40(2) - Paragraph 40(2)(b) indemnity payment received re principal residence could be exempted under s. 40(2)(b)
26 November 2014 External T.I. 2014-0551641E5 F - Winding-up and subsection 42(1) Income Tax Act - Section 42 corporation permitted to claim litigation loss following effective time of winding-up
Income Tax Act - Section 88 - Subsection 88(1) effective time of winding-up not delayed by potential litigation liability
Income Tax Act - Section 88 - Subsection 88(2) corporation permitted to claim a s. 42(1)(b) loss after (per IT-126R2) it has been wound up
8 December 2014 External T.I. 2014-0543891E5 F - Régime privé d'assurance-maladie Income Tax Act - Section 248 - Subsection 248(1) - Private Health Services Plan CRA willing to treat a flex plan as being bifurcated into a PHSP and non-PHSP if medical expense portion is recorded separately
19 January 2015 External T.I. 2013-0511381E5 F - Disposition subject to warranty Income Tax Act - Section 42 loss not claimable by estate
2015-01-28 13 November 2014 External T.I. 2014-0523581E5 F - Prestations de RPA - Exonération Other Legislation/Constitution - Federal - Indian Act - Section 87 taxable portion of RPP benefits of reserve Indian determined based on portion of contributions paid out of taxable earnings
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

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