Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2015-09-02 18 June 2015 External T.I. 2015-0578071E5 F - Reimbursement of overpayment of QPIP benefits Income Tax Act - Section 4 - Subsection 4(2) s. 60 deduction denied for repayment of previous income inclusion
Other Legislation/Constitution - Federal - Financial Administration Act - Section 23 - Subsection 23(2) general criteria for granting remission
2015-08-19 24 June 2015 External T.I. 2015-0565951E5 F - Legatee by particular Income Tax Act - Section 108 - Subsection 108(1) - Beneficiary legatee by particular title is a beneficiary even if not an heir
Income Tax Act - Section 104 - Subsection 104(13) allocation of interest income of succession to legatee by particular title
23 June 2015 External T.I. 2015-0571801E5 F - Allocation of Capital Gains to Beneficiaries Income Tax Act - Section 104 - Subsection 104(21.2) allocation of QSBC gain to a beneficiary added after QSBC disposition
2015-08-12 5 July 2015 External T.I. 2015-0588201E5 F - Apportez vos appareils personnels / BYOD Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) fixed BYOD allowance not verified against receipts is taxable allowance
2015-08-05 3 March 2015 External T.I. 2014-0519981E5 F - Donation avec charge / Gift with a charge Income Tax Act - Section 248 - Subsection 248(1) - Property real estate property is one property
Income Tax Act - Section 69 - Subsection 69(1) - Paragraph 69(1)(b) gift of encumbered property
4 February 2015 External T.I. 2014-0551931E5 F - Crédit d'impôt pour études - résidents en médecine Income Tax Act - Section 118.6 - Subsection 118.6(1) - Qualifying Educational Program Kandasam (re medical residents’ entitlement to education tax credits etc.) will be followed on similar facts
18 June 2015 External T.I. 2015-0580391E5 F - Achat et location d'oeuvres d'art Income Tax Regulations - Regulation 1102 - Subsection 1102(1) - Paragraph 1102(1)(e) Class 8 treatment of works of art for Canadians
7 April 2015 External T.I. 2014-0552731E5 F - Apportez vos appareils personnels / BYOD Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) monthly payments re employee cell phone costs were allowances given no detailed receipts required
9 June 2015 External T.I. 2014-0554381E5 F - Copropriété par indivision - partage de biens Income Tax Act - Section 110.6 - Subsection 110.6(1.3) partition did not reset original date of acquisition of property in co-ownership
Income Tax Act - Section 248 - Subsection 248(20) retention of original acquisition date under s. 248(20)(b)
12 February 2015 External T.I. 2014-0560491E5 F - Article 22 Income Tax Act - Section 22 - Subsection 22(1) election not restricted to Canadian business
2 March 2015 External T.I. 2014-0527281E5 F - Tenir un établissement domestique autonome Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b) non-owner/tenant to qualify must pay expenses on regular basis
29 April 2015 External T.I. 2014-0532691E5 F - Vente – immeuble - syndicat copropriétaire Income Tax Act - Section 248 - Subsection 248(1) - Corporation community of condominium owners is treated by the Civil Code as a legal person, and is a corporation
Income Tax Act - Section 15 - Subsection 15(1) distribution of gain to members of a condominium syndicate gave rise to a shareholder benefit
Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l) a syndicate of condominium co-owners could qualify as a s. 149(1)(l) corporation, so that a capital gain realized by it on a condo sale would be exempt
5 February 2015 External T.I. 2014-0526991E5 F - Émission d'un T2202A Income Tax Act - Section 118.5 - Subsection 118.5(1) - Paragraph 118.5(1)(a) tuition fees determined on accrual basis
Income Tax Act - Section 118.6 - Subsection 118.6(1) - Specified Educational Program determination of duration of enrolment
18 June 2015 External T.I. 2015-0572791E5 F - Société de personnes agricole familiale - BAA Income Tax Act - Section 110.6 - Subsection 110.6(1) - Interest in a Family Farm or Fishing Partnership - Paragraph (a) - Subparagraph (a)(i) relevance of harvesting in accordance with forest management plan
Income Tax Act - Section 110.6 - Subsection 110.6(1.3) - Paragraph 110.6(1.3)(a) general discussion re woodlot
2015-07-29 4 November 2014 External T.I. 2014-0521211E5 F - Cartes-cadeau d'une chaîne de supermarchés Income Tax Act - Section 67.1 - Subsection 67.1(1) 50% limitation applicable to gift cards exchangeable at supermarket
5 November 2014 External T.I. 2014-0521891E5 F - Résidence principale et copropriété Income Tax Act - Section 40 - Subsection 40(4) overview of s. 40(4) rule
General Concepts - Ownership whether a tacit co-ownership agreement is respected is a private law issue
18 December 2014 External T.I. 2014-0523711E5 F - Allocation pour déménagement - achat de meubles Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) favourable policy on relocation allowances does not extend to costs of new goods
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) allowance that is capped at documented expenses might not be an allowance/reimbursing new furniture might be taxable benefit
5 November 2014 External T.I. 2014-0529991E5 F - Avantage pour automobile-personne liée Income Tax Act - Section 6 - Subsection 6(2) standby charge computed based on cost to auto owner which is related to employer
Income Tax Act - Section 251 - Subsection 251(2) - Paragraph 251(2)(b) - Subparagraph 251(2)(b)(i) control of non-share corp references who can appoint board
2015-07-22 24 June 2015 External T.I. 2015-0575911E5 F - Benefit to shareholder or conferred on a person Income Tax Act - Section 15 - Subsection 15(1.4) - Paragraph 15(1.4)(c) benefit only conferred on one shareholder (the husband) if wife of one of four sibling shareholders receives benefit
Income Tax Act - Section 246 - Subsection 246(1) benefit conferred on spouse of individual shareholder of parent
Income Tax Act - Section 56 - Subsection 56(2) benefit conferred on spouse of individual shareholder of parent
2015-07-15 11 June 2015 External T.I. 2014-0522641E5 F - Usufruct Income Tax Act - Section 108 - Subsection 108(7) - Paragraph 108(7)(b) creation of usufruct between father and son, resulting in deemed trust, did not entail property transfer to the deemed trust
Income Tax Act - Section 110.6 - Subsection 110.6(1) - Qualified Farm or Fishing Property termination of usufruct between father and son on farmland, which was a deemed trust, did not entail disposition of qualified farm property
Income Tax Act - Section 73 - Subsection 73(3) creation of usufruct between father and son entails transfer of trust interest, not farm property
2015-06-30 2 June 2015 External T.I. 2015-0570071E5 F - Attribution Rules Trust Income Tax Act - Section 74.4 - Subsection 74.4(2) application of s. 74.4(2) to family trust with minor beneficiaries after s. 51(1) freeze in favour of second family trust with same minor beneficiaries
2015-05-20 4 May 2015 External T.I. 2013-0502761E5 F - Stock Options and Earnout General Concepts - Fair Market Value - Shares FMV of shares at time of stock option exercise determined by valuing earn-out clause in subsequent sales agreement
Income Tax Act - Section 7 - Subsection 7(1) - Paragraph 7(1)(a) FMV of shares at time of stock option exercise determined by valuing earn-out clause in subsequent sales agreement
14 April 2015 External T.I. 2015-0570021E5 F - Présomption de gain en capital Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a) application of safe harbour where holdco interposed before spin-off transaction
Income Tax Act - Section 55 - Subsection 55(3.01) - Paragraph 55(3.01)(g) application of safe harbour where holdco interposed before spin-off transaction

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