Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2012-05-18 2 May 2012 External T.I. 2011-0431701E5 F - Commissions sur une police d’assurance-vie Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) exempt treatment of commissions received by employees on purchases of life insurance policies on their own account does not extend to purchases as investments or to annuities
30 March 2012 Internal T.I. 2011-0408311I7 F - Résidence principale General Concepts - Ownership ownership of home generally follows legal title
Income Tax Act - Section 54 - Principal Residence - Paragraph (a) must be described combination of ownership and ordinary habitation
29 March 2012 External T.I. 2011-0424791E5 F - Imposition du remboursement du permis de conduire Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) reimbursement of regular cost of driver’s licence included even where employee required to drive
27 March 2012 External T.I. 2011-0423851E5 F - Allocations pour frais de déplacement Income Tax Act - Section 81 - Subsection 81(3.1) part-time employment includes part-time office/usual place of performance referenced
10 May 2012 External T.I. 2012-0435591E5 F - Prestation consécutive au décès Income Tax Act - Section 248 - Subsection 248(1) - Death Benefit passage of time between end of employment and benefit on death may affect whether it is in “recognition” of employment
2012-05-11 28 March 2012 External T.I. 2011-0422531E5 F - Revenu fractionné Income Tax Act - Section 120.4 - Subsection 120.4(1) - Split Income - Paragraph (c) - Subparagraph (c)(ii) - Clause (c)(ii)(C) only a portion of s. 104(13) income might be split income
24 April 2012 Internal T.I. 2012-0440711I7 F - Indemnité de repas; remboursement pour déplacement Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) policy re subsidized meals does not extend to meal allowances or vouchers
30 March 2012 External T.I. 2011-0428741E5 F - Allocations pour frais de déplacement Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) travel allowance for additional travel to and from work might be taxable even where employer fault
23 January 2012 External T.I. 2011-0424671E5 F - Avantage imposable - Stationnement Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) generally no benefit from free parking if employee must use car 3 days a week in duties
2012-04-27 17 April 2012 External T.I. 2011-0427411E5 F - Bien de remplacement-immobilisation admissible Income Tax Act - Section 14 - Subsection 14(7) shares cannot be replacement property
17 April 2012 External T.I. 2012-0440931E5 F - Crédit d'impôt pour frais médicaux Income Tax Regulations - Regulation 5700 - Section 5700 - Paragraph 5700(i) motorized stationary bicycle did not qualify
2012-04-20 29 March 2012 Internal T.I. 2011-0430871I7 F - Participation à une étude de recherche clinique Income Tax Act - Section 5 - Subsection 5(1) "volunteers" for drug clinical trials earned business rather than employment income
Income Tax Act - Section 3 - Paragraph 3(a) - Business Source/Reasonable Expectation of Profit compensation received by participants in clinical drug studies were business income even where they had a personal interest in the study
10 April 2012 External T.I. 2011-0428701E5 F - Lien de dépendance - commanditaire et SEC Income Tax Act - Section 251 - Subsection 251(1) - Paragraph 251(1)(c) limited partner at arm's length with LP if it has no management authority
10 April 2012 Internal T.I. 2011-0430291I7 F - Montant d'aide versé par la SAAQ à un conjoint Income Tax Act - Section 3 - Paragraph 3(a) - Business Source/Reasonable Expectation of Profit automobile insurance payments received for care of injured spouse were non-taxable
3 April 2012 External T.I. 2011-0426341E5 F - Catégories 29 et 43 Income Tax Regulations - Schedules - Schedule II - Class 29 scrap metal shearing device and container for sliced metal described in Class 29
2012-04-13 17 June 2011 Internal T.I. 2011-0394471I7 F - Associated Corporations - 256 Income Tax Act - Section 256 - Subsection 256(2) s. 256(2) does not multiply the SBD but protects it where particular corporations otherwise are eligible
Income Tax Act - Section 256 - Subsection 256(2.1) list of 5 “useful” factors in determining s. 256(2.1) application
Income Tax Act - Section 256 - Subsection 256(5.1) Transport M.L. Couture cited as an example
29 March 2012 External T.I. 2011-0427821E5 F - Biens agricoles admissibles Income Tax Act - Section 30 s. 30 expenses can be claimed by farming lessee or carried forward
Income Tax Act - Section 110.6 - Subsection 110.6(1) - Interest in a Family Farm or Fishing Partnership potential qualification where farm property of partnership is leased to farming corp. with same family owners
1 March 2012 Internal T.I. 2012-0437901I7 F - Timing of the adjustments pursuant to 111(5) Income Tax Act - Section 111 - Subsection 111(5) - Paragraph 111(5)(a) acquisition of control of target does not reduce its NCLs at that time – streaming rules apply prospectively
26 March 2012 External T.I. 2012-0440441E5 F - Déduction accordée aux petites entreprises Income Tax Act - Section 125 - Subsection 125(1) trite SBD overview
2012-04-06 28 March 2012 External T.I. 2011-0412541E5 F - Compte de dividendes en capital Income Tax Act - Section 89 - Subsection 89(1) - Capital Dividend Account - Paragraph (a) s. 89(12 deemd capital gain generates CDA addition
26 March 2012 External T.I. 2010-0367351E5 F - Emprunt pour faire prêt sans intérêt à une fiducie Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) interest deduction on money borrowed to fund interest-free advance to subsidiary trust used, in turn, for income-producing purpose
29 March 2012 External T.I. 2010-0391311E5 F - OBNL, exploitation d'une entreprise Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l) Timmins expansive concept of "business" applied
20 February 2012 Internal T.I. 2011-0429471I7 F - OBNL et profits accessoires Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l) food and beverage sales at a the NPO’s annual hosting of festival conformed with operating for non-profit purpose
2012-03-30 12 March 2012 External T.I. 2011-0425361E5 F - Assistance paid by franchisor Income Tax Act - Section 9 - Exempt Receipts/Business reimbursements of business expenses increase income
Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(x) contest awards paid to franchisees includible under s. 12(1)(x) if not under s. 9
20 February 2012 Internal T.I. 2011-0429461I7 F - OBNL et profits accessoires Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l) articles of NPO should have prohibition on profit-seeking by it and any successor
20 March 2012 External T.I. 2011-0424461E5 F - Déduction d'une rétribution à un agent immobilier Income Tax Act - Section 9 - Timing commissions paid for leasing-up a new building generally are fully and currently deductible
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Improvements v. Repairs or Running Expense lease-up commissions were current expenses
16 March 2012 External T.I. 2011-0423191E5 F - Disposition d'une participation dans une SP Income Tax Act - Section 98 - Subsection 98(1) disposition of partnership interest for nil proceeds when partnership dissolved upon winding-up distribution
Income Tax Act - Section 248 - Subsection 248(1) - Disposition - Paragraph (b) - Subparagraph (b)(i) disposition of partnership interest even though no proceeds received
8 March 2012 External T.I. 2011-0426061E5 F - Bien agricole admissible Income Tax Act - Section 110.6 - Subsection 110.6(1.3) - Paragraph 110.6(1.3)(c) land that had been farmed for 5 years before being rented out to neighbouring farmer qualified, including farm house
12 March 2012 Internal T.I. 2011-0431631I7 F - Catégorie d'amortissement- maison flottante Income Tax Regulations - Schedules - Schedule II - Class 7 portable floating home qualified as “vessel”
Income Tax Act - Section 13 - Subsection 13(21) - Vessel vessel is as defined in Canada Shipping Act, 2001
Statutory Interpretation - Interpretation Act - Section 44 - Paragraph 44(h) IA s. 44(h) applied to reference definition in replacement Canada Shipping Act
22 March 2012 External T.I. 2011-0425571E5 F - Avantage imposable - maison habitée sans frais Income Tax Regulations - Regulation 1102 - Subsection 1102(1) - Paragraph 1102(1)(c) CCA can be claimed on asset made available to employee-shareholder qua employee

Pages