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 |
2013-07-31 |
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 |
2013-07-24 |
21 February 2013 External T.I. 2012-0442751E5 F - Non-Profit SR&ED corporation |
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 |
2013-07-24 |
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 |
2013-07-24 |
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 |
2013-07-24 |
30 April 2013 External T.I. 2013-0479451E5 F - Paiement forfaitaire rétroactif admissible |
Income Tax Regulations - Regulation 200 - Subsection 200(1) |
lump sum received respecting wrongful termination of disability payments was reportable on T4A |
2013-07-24 |
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 |
2013-07-24 |
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 |
2013-07-24 |
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 |
2013-07-24 |
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 |
2013-07-24 |
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 |
2013-07-24 |
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 |
2013-07-24 |
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)(s) |
materials provided to clients were not “tools" |
2013-07-24 |
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 |
2013-07-24 |
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 |
2013-07-24 |
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 |
2013-07-24 |
14 March 2013 External T.I. 2013-0473981E5 F - JVM d'une police d'assurance-vie - SEPE |
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 |
2013-07-24 |
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 |
2013-07-24 |
14 May 2013 External T.I. 2013-0484971E5 F - PUGE - décès du conjoint |
Income Tax Act - Section 56 - Subsection 56(9.1) |
deceased’s income did not include income on her rights and things return |
2013-07-24 |
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 |
2013-07-17 |
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 |
2013-07-17 |
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 |
2013-07-17 |
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 |
2013-07-17 |
8 July 2013 External T.I. 2012-0458601E5 F - T1134 and inactive FA |
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 |
2013-07-03 |
14 June 2013 External T.I. 2012-0461301E5 F - Retention of books and records |
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 |
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) - 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) |
2013-07-03 |
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 |
2013-07-03 |
9 April 2013 External T.I. 2012-0461051E5 F - Employee of an international organization |
Income Tax Act - Section 81 - Subsection 81(1) - Paragraph 81(1)(a) |
exemption for UN officials did not apply to a Canadian resident |
2013-07-03 |
9 April 2013 External T.I. 2012-0461051E5 F - Employee of an international organization |
Income Tax Act - Section 126 - Subsection 126(3) |
credit for local taxes imposed on salary of Canadian resident working for an international organization |
2013-07-03 |
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 |
2013-06-26 |
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 |
2013-06-26 |
18 June 2013 External T.I. 2012-0433261E5 F - 55(5)(f) and Surplus 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) |
2013-06-26 |
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 |
2013-06-19 |
10 May 2013 External T.I. 2012-0449651E5 F - SENC - revenu d'entreprise exploitée activement |
Income Tax Act - Section 129 - Subsection 129(6) |
Norco followed |