2012-11-14 |
10 October 2012 External T.I. 2012-0451751E5 F - Statut fiscal des artistes /présomption |
Income Tax Act - Section 5 - Subsection 5(1) |
status as an employee not affected by presumption in Quebec Status of Artists Act that an independent contractor |
2012-11-14 |
24 October 2012 Internal T.I. 2012-0454661I7 F - Conseils de planification financière |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) - Subparagraph 6(1)(a)(iv) - Clause 6(1)(a)(iv)(B) |
exclusion can extend to reimbursement or payment of fees for financial planning |
2012-11-14 |
5 October 2012 Roundtable, 2012-0454151C6 F - Registre des déplacements |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(k) |
onus on employer to support benefit computation if kilometer log |
2012-11-14 |
5 October 2012 Roundtable, 2012-0454151C6 F - Registre des déplacements |
Income Tax Act - Section 230 - Subsection 230(1) |
no stipulated documentary requirement for kilometer log |
2012-11-14 |
5 October 2012 APFF Roundtable Q. 8, 2012-0454161C6 F - Computation of CDA and Acquisition of Control |
Income Tax Act - Section 245 - Subsection 245(4) |
purchase of shares of cash-rich company could be part of abusive surplus strip |
2012-11-14 |
5 October 2012 APFF Roundtable Q. 8, 2012-0454161C6 F - Computation of CDA and Acquisition of Control |
Income Tax Act - Section 89 - Subsection 89(1) - Capital Dividend Account - Paragraph (a) |
CDA deduction for net capital losses not affected by their denial under s. 111(4)(a) |
2012-10-31 |
12 October 2012 External T.I. 2011-0428521E5 F - Société d'État |
Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(d.4) |
(d.4) corp cannot be partly owned directly by Crown/capital (as contrasted to share) ownership is relevant only for non-share corps |
2012-10-31 |
10 September 2012 External T.I. 2012-0446921E5 F - Avantage pour automobile |
Income Tax Act - Section 6 - Subsection 6(2) |
transfer to related corp stepped down cost for standby charge purposes to FMV |
2012-10-31 |
10 September 2012 External T.I. 2012-0446921E5 F - Avantage pour automobile |
Income Tax Act - Section 85 - Subsection 85(1) - Paragraph 85(1)(e.4) |
car acquired at cost equal to FMV for standby charge purpose notwithstanding s. 85(1) election |
2012-10-31 |
11 October 2012 External T.I. 2012-0433681E5 F - Résidence principale terrain adjacent |
Income Tax Act - Section 54 - Principal Residence - Paragraph (e) |
adjacent land not included in principal residence if owned by spouse, not by taxpayer |
2012-10-31 |
18 September 2012 External T.I. 2012-0442581E5 F - Fiducie au profit d'un athlète amateur |
Income Tax Act - Section 143.1 - Subsection 143.1(2) |
amounts distributed from athlete trust were business income |
2012-10-31 |
18 September 2012 External T.I. 2012-0442581E5 F - Fiducie au profit d'un athlète amateur |
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose |
expenses of athlete with athlete trust |
2012-10-31 |
18 September 2012 External T.I. 2012-0442581E5 F - Fiducie au profit d'un athlète amateur |
Income Tax Act - Section 3 - Paragraph 3(a) - Business Source/Reasonable Expectation of Profit |
tests for source of business income for amateur athlete |
2012-10-31 |
22 October 2012 Internal T.I. 2012-0459681I7 F - Hiring Credit for Small Business and CCE deduction |
Income Tax Act - Section 63 - Subsection 63(1) - Paragraph 63(1)(d) |
HCSB credit reduces babysitting expense re EI premiums |
2012-10-31 |
18 October 2012 External T.I. 2012-0452131E5 F - CIE, établissement domestique autonome |
Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b.1) |
s. 118(1)(b.1) credit can be claimed for different children by different parents |
2012-10-31 |
20 September 2012 External T.I. 2011-0430811E5 F - Attribution à un établissement stable |
Income Tax Regulations - Regulation 402 - Subsection 402(4) - Paragraph 402(4)(c) - Subparagraph 402(4)(c)(ii) |
application of Reg. 404(4)(c)(ii) to ore processed in two provinces |
2012-10-31 |
20 September 2012 External T.I. 2011-0430811E5 F - Attribution à un établissement stable |
Income Tax Regulations - Regulation 402 - Subsection 402(4) - Paragraph 402(4)(b) |
as Reg. 404(4)(c)(ii) prevailed over Reg. 404(4)(b) re ore processed in two provinces, its application would not be affected by the negotiation of the export sales by personnel in the 2nd province |
2012-10-31 |
18 September 2012 External T.I. 2011-0423941E5 F - Entreprise de prestation de services personnels |
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(p) - Subparagraph 18(1)(p)(ii) |
cost of benefit to corp generally equals allowance amount and can be the cost of a non-s. 6 benefit – however no benefit if cell phone used primarily in course of employment |
2012-10-31 |
18 September 2012 External T.I. 2011-0423941E5 F - Entreprise de prestation de services personnels |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) |
no taxable benefit if cell phone used primarily in employment |
2012-10-17 |
2 October 2012 External T.I. 2012-0446671E5 F - Subsection 78(4) |
Income Tax Act - Section 78 - Subsection 78(4) |
s. 78(4) inapplicable where payment made on 180th day |
2012-10-10 |
6 July 2012 Internal T.I. 2012-0453461I7 F - rental losses Canada-France Treaty |
Income Tax Act - Section 3 - Paragraph 3(a) - Business Source/Reasonable Expectation of Profit |
no requirement to establish reasonable expectation of profit re deducting loss from French rental property if no personal element |
2012-10-10 |
6 July 2012 Internal T.I. 2012-0453461I7 F - rental losses Canada-France Treaty |
Treaties - Income Tax Conventions - Article 24 |
s. 126(1) FTC re French income tax on rental income |
2012-10-03 |
17 July 2012 Internal T.I. 2012-0454701I7 F - Arrière-arrière-grand-père |
Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1) - Share of the Capital Stock of a Family Farm or Fishing Corporation - Paragraph (a) - Subparagraph (a)(iii) |
farm use by great-great-grandparent did not qualify the property, cf. great-grandparent |
2012-10-03 |
17 July 2012 Internal T.I. 2012-0454701I7 F - Arrière-arrière-grand-père |
Income Tax Act - Section 252 - Subsection 252(2) - Paragraph 252(2)(a) |
parent in s. 110.6 context includes great-grandparent but not great-great-grandparent |
2012-09-14 |
4 July 2012 External T.I. 2011-0429601E5 F - Roulement et société de personnes |
Income Tax Act - Section 98 - Subsection 98(3) |
two partnerships potentially could be merged by using s. 97(2) followed by s. 98(3), or the reverse |
2012-09-14 |
4 July 2012 External T.I. 2011-0429601E5 F - Roulement et société de personnes |
Income Tax Act - Section 97 - Subsection 97(2) |
partnership is taxpayer for purposes of s. 97(2), which might be used with s. 98(3) |
2012-09-14 |
30 July 2012 External T.I. 2011-0421801E5 F - Choix aux paragraphes 70(2) et 70(3) |
Income Tax Act - Section 70 - Subsection 70(2) |
if desire for s. 70(3) to apply, a timely revocation of s. 70(2) election can be made |
2012-09-14 |
30 July 2012 External T.I. 2011-0421801E5 F - Choix aux paragraphes 70(2) et 70(3) |
Income Tax Act - Section 70 - Subsection 70(3) |
application of s. 70(3) re deceased’s share of partnership WIP is at estate’s choice |
2012-08-31 |
3 July 2012 Internal T.I. 2012-0450821I7 F - Interaction of 84(3) and 69(1)(b) |
Income Tax Act - Section 84 - Subsection 84(3) |
s. 84(3) deemed dividend based on actual redemption proceeds rather than s. 69 |
2012-08-31 |
3 July 2012 Internal T.I. 2012-0450821I7 F - Interaction of 84(3) and 69(1)(b) |
Income Tax Act - Section 69 - Subsection 69(1) - Paragraph 69(1)(b) |
s. 69(1)(b) adjustment generates capital gain even though larger share redemption proceeds in the 1st place would have been exempt |
2012-08-31 |
14 August 2012 External T.I. 2012-0450041E5 F - subsection 55(4) |
Income Tax Act - Section 55 - Subsection 55(4) |
s. 55(4) not engaged where transactions eliminate shareholdings but not unrelated status of unrelated person |
2012-08-31 |
14 August 2012 External T.I. 2012-0450041E5 F - subsection 55(4) |
Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a) - Subparagraph 55(3)(a)(ii) |
s. 55(3)(a)(ii) exclusion avoided by distributing shares out of unrelated-person trust |
2012-08-31 |
15 August 2012 External T.I. 2012-0444461E5 F - Pompiers volontaires |
Income Tax Act - Section 118.06 - Subsection 118.06(1) |
not a “volunteer” if paid more than a minimal amount or minimum hours are required |
2012-08-31 |
15 August 2012 External T.I. 2012-0444461E5 F - Pompiers volontaires |
Income Tax Act - Section 81 - Subsection 81(4) |
“volunteer firefighter” has the same meaning as in s. 118.96(1) |
2012-08-31 |
10 July 2012 External T.I. 2012-0437531E5 F - Télétravail et revenu d'emploi d'un Indien |
Other Legislation/Constitution - Federal - Indian Act - Section 87 |
income of Indian required to telecommute from home office on reserve likely exempted |
2012-08-31 |
8 August 2012 External T.I. 2012-0442321E5 F - Pompiers volontaires |
Income Tax Act - Section 118.06 - Subsection 118.06(1) |
firefighter is not “volunteer” if remuneration is “comparable” to regular firefighter |
2012-08-31 |
27 June 2012 External T.I. 2012-0440721E5 F - Compte de gestion de santé |
Income Tax Act - Section 248 - Subsection 248(1) - Salary Deferral Arrangement |
conversion of future bonus into PHSP is taxable |
2012-08-24 |
14 June 2012 External T.I. 2012-0443711E5 F - RAP - Annulation de la vente de l'immeuble |
Income Tax Act - Section 146.01 - Subsection 146.01(1) - Eligible Amount |
subsequent court-ordered voiding of home purchase funded with HBP does not affect satisfaction of the HBP conditions |
2012-08-24 |
14 June 2012 External T.I. 2012-0443711E5 F - RAP - Annulation de la vente de l'immeuble |
General Concepts - Effective Date |
subsequent court-ordered voiding of home purchase did not retroactively void satisfaction of the HBP conditions at home purchase time |
2012-08-24 |
26 July 2012 External T.I. 2012-0440261E5 F - Crédit d'impôt pour enfants |
Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b.1) |
end-of-year requirement not satisfied when child died in year before attaining 18 |