Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2013-07-31 30 April 2013 External T.I. 2013-0475271E5 F - CCTB - Marital Status Change Income Tax Act - Section 122.62 - Subsection 122.62(7) - Paragraph 122.62(7)(b) timing of loss of CCTB when cohabitation commences
4 April 2013 External T.I. 2012-0444581E5 F - Frais de garde - hébergement en famille d'accueil Income Tax Act - Section 63 - Subsection 63(3) - Child Care Expense sport school camp expenses do not include accommodation expenses paid to a host family
2013-07-24 21 February 2013 External T.I. 2012-0442751E5 F - Non-Profit SR&ED corporation Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(j) various stipulated s. 149(1)(j) requirements not stipulated in articles or by-laws
Income Tax Act - Section 37 - Subsection 37(1) - Paragraph 37(1)(a) - Subparagraph 37(1)(a)(ii) - Clause 37(1)(a)(ii)(A) requirements for approval under (A) or (B) of research association
13 June 2013 External T.I. 2013-0487931E5 F - Repas fournis gratuitement Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) free meals provided to child care workers in accordance with employer policy aimed at effect on children were taxable
30 April 2013 External T.I. 2013-0479451E5 F - Paiement forfaitaire rétroactif admissible Income Tax Act - 101-110 - Section 110.2 - Subsection 110.2(1) - Specified Portion lump sum received respecting wrongful termination of disability payments that should have been paid in prior years was eligible
Income Tax Regulations - Regulation 200 - Subsection 200(1) lump sum received respecting wrongful termination of disability payments was reportable on T4A
10 June 2013 External T.I. 2013-0489101E5 F - Ajout à un édifice - choix en vertu de 1101(5b.1) Income Tax Regulations - Regulation 1101 - Subsection 1101(5b.1) separate class election could be made for a building addition
4 June 2013 Ministerial Correspondence 2012-0455101M4 F - Entreprises de prestation de services personnels Income Tax Act - Section 125 - Subsection 125(7) - Personal Services Business overview of, and description of policy rationale for, PSB rules and affirmation of Revenu Québec guidelines re employee/independent contractor distinction for IT workers
14 May 2013 External T.I. 2013-0480561E5 F - Méthode de recouvrement du coût Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(g) calculation uncertainty not resolved within 5years/earnout tied instead to properties of sub
23 May 2013 External T.I. 2012-0472101E5 F - Emphytéose - disposition de terrain Income Tax Act - Section 54 - Proceeds of Disposition building erected on land was the consideration for the emphyteutic grant
3 May 2013 External T.I. 2013-0480991E5 F - Frais d'examen et de préparation à un examen Income Tax Act - Section 118.5 - Subsection 118.5(1) - Paragraph 118.5(1)(d) fees for U.S. exam were necessary for actuarial accreditation in Canada
14 March 2013 External T.I. 2012-0472361E5 F - Fournitures/outils - guides de pêche Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(i) - Subparagraph 8(1)(i)(iii) implicit requirement to provide “supplies” (e.g., potentially materials provided to clients) can be sufficient
Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(s) materials provided to clients were not “tools"
17 April 2013 External T.I. 2013-0475301E5 F - Résidence principale - changement d'usage partiel Income Tax Act - Section 45 - Subsection 45(1) - Paragraph 45(1)(c) ancillary income-producing use requirement may not be met where house basement is rented out
12 June 2013 External T.I. 2013-0480231E5 F - Crédit pour la condition physique Income Tax Act - Section 118.03 - Subsection 118.03(1) - Eligible Fitness Expense weekly ski lessons with use of ski lift qualified
14 March 2013 External T.I. 2013-0473981E5 F - JVM d'une police d'assurance-vie - SEPE Income Tax Act - Section 248 - Subsection 248(1) - Small Business Corporation corporate life insurance policy and proceeds therefrom valued at CSV until share redemption time
Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(15) - Paragraph 110.6(15)(a) - Subparagraph 110.6(15)(a)(ii) proceeds of corporate life insurance policy in excess of CSV ignored for SBC purposes
14 May 2013 External T.I. 2013-0484971E5 F - PUGE - décès du conjoint Income Tax Act - Section 56 - Subsection 56(6) deceased had spouse at the end of her terminal year
Income Tax Act - Section 56 - Subsection 56(9.1) deceased’s income did not include income on her rights and things return
24 May 2013 External T.I. 2013-0487581E5 F - Nature d'un bien acquis pour la revente Income Tax Act - Section 10 - Subsection 10(1.01) cost includes costs incurred to bring the inventory item to its current condition and location/ meaning of adventure
2013-07-17 6 June 2013 External T.I. 2012-0451801E5 F - deemed dividend, advantage Income Tax Act - Section 207.01 - Subsection 207.01(1) - Advantage dividend derived from pre-March 2011 value not grandfathered
16 April 2013 External T.I. 2013-0477771E5 F - Calculation of the general rate income pool Income Tax Act - Section 89 - Subsection 89(1) - General Rate Income Pool GRIP reduction for non-capital loss carried back against full-rate taxable income earned before becoming CCPC
21 March 2013 External T.I. 2013-0476901E5 F - GRIP addition under 89(7) Income Tax Act - Section 89 - Subsection 89(7) determination of reasonable attribution of dividend to FRTI of payer corp
8 July 2013 External T.I. 2012-0458601E5 F - T1134 and inactive FA Income Tax Act - Section 233.4 - Subsection 233.4(4) inactive FA gross receipts of $25,000 includes all partnership gross revenue
Income Tax Act - Section 96 - Subsection 96(1) - Paragraph 96(1)(a) partnership not a person for s. 233.4 purposes
2013-07-10 2 April 2013 External T.I. 2013-0479651E5 F - Leveraged buy-out Income Tax Act - Section 84 - Subsection 84(2) s. 84(2) not engaged on an amalgamation
2013-07-03 14 June 2013 External T.I. 2012-0461301E5 F - Retention of books and records Income Tax Act - Section 230 - Subsection 230(4) relationship between 2-year post dissolution and 6-year hold tests
Income Tax Regulations - Regulation 5800 - Subsection 5800(1) Reg. 5800(1)(a) doc must be retained 2 years' after dissolution without regard to 6-year period
Income Tax Act - Section 230 - Subsection 230(4) - Paragraph 230(4)(a) generally only the GL rather than ancillary journals or back-up are subject to the extended corporate accounting-record retention period under s. 230(4)(a)
9 April 2013 External T.I. 2012-0461051E5 F - Employee of an international organization Income Tax Regulations - Regulation 8900 - Subsection 8900(1) - Paragraph 8900(1)(b) organization was not a specialized agency related to the UN
Income Tax Act - Section 81 - Subsection 81(1) - Paragraph 81(1)(a) exemption for UN officials did not apply to a Canadian resident
Income Tax Act - Section 126 - Subsection 126(3) credit for local taxes imposed on salary of Canadian resident working for an international organization
21 February 2013 External T.I. 2012-0473301E5 F - Test Wind Turbines Income Tax Regulations - Regulation 1219 - Subsection 1219(3) favourable opinion on test wind turbine project
2013-06-26 9 May 2013 External T.I. 2012-0435401E5 F - Server as a PE in a province Income Tax Regulations - Regulation 400 - Subsection 400(2) server (including leased server) in a province at disposal of the business and used in that business is PE
18 June 2013 External T.I. 2012-0433261E5 F - 55(5)(f) and Surplus Stripping Income Tax Act - Section 84 - Subsection 84(2) partial conversion of retained earnings to capital dividends through deliberate failure to make s. 55(5)(f) designation was abusive stripping
Income Tax Act - Section 245 - Subsection 245(4) deliberate engaging of s. 55(2) to convert annual taxable dividends into annual capital gains permitting annual capital dividends would engage s. 245(2)
20 February 2013 External T.I. 2012-0469811E5 F - Interest deductibility Income Tax Act - Section 18 - Subsection 18(2) interest subject to s. 18(2) must be calculated on a lot-by-lot basis
2013-06-19 10 May 2013 External T.I. 2012-0449651E5 F - SENC - revenu d'entreprise exploitée activement Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1) - Qualified Small Business Corporation Share assets used by an LP in its active business are used by its partner in an active business
Income Tax Act - Section 129 - Subsection 129(6) Norco followed

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