Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2015-04-22 13 November 2014 External T.I. 2014-0536881E5 F - Bien agricole admissible - Boisé Income Tax Act - 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 - 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 - 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 - 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)

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