Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2010-11-19 4 November 2010 Internal T.I. 2010-0358441I7 F - Indien, avance de salaire Other Legislation/Constitution - Federal - Indian Act - Section 87 salary advance cannot be exempt
Income Tax Act - Section 6 - Subsection 6(3) - Paragraph 6(3)(a) salary advance is taxable under s. 6(3)
Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(n) salary repayment could generate non-capital loss
Income Tax Act - Section 111 - Subsection 111(8) - Non-Capital Loss s. 8(1)(n) deduction could generate NCL
10 November 2010 External T.I. 2010-0364751E5 F - Frais de repas des camionneurs Income Tax Act - Section 67.1 - Subsection 67.1(1.1) s. 67.1(1.1) extended to apply to trucking employers
2010-11-12 23 September 2010 External T.I. 2010-0364711E5 F - Résidence principale Income Tax Act - Section 54 - Principal Residence basement apartment with independent entrance and separate municipal address was a separate housing unit
24 September 2010 External T.I. 2010-0366661E5 F - Allocations de repas Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) criteria for overtime meal allowances to be non-taxable
28 October 2010 Internal T.I. 2010-0376041I7 F - Contrat d'acquisition ou de location Income Tax Act - Section 6 - Subsection 6(2) - Element E lease where lessee got benefits of ownership even if it didn’t acquire title needed study to determine its true nature
Income Tax Act - Section 13 - Subsection 13(21) - Undepreciated Capital Cost - A lease where lessee got benefits of ownership even if it didn’t acquire title not necessarily a lease
General Concepts - Substance contracts (e.g., leases) generally not recharacterized in the absence of sham
21 September 2010 Internal T.I. 2010-0377011I7 F - Dépenses de vêtements - travailleur indépendant Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(h) no deduction to self-employed welder for work boots and fire-resistant clothing
Income Tax Regulations - Regulation 1102 - Subsection 1102(1) - Paragraph 1102(1)(c) no CCA for clothing (e.g., work boots) that were not used only in the individual’s business
29 October 2010 External T.I. 2009-0347791E5 F - Somme reçue par une société Income Tax Act - Section 9 - Nature of Income application of judicial definitions of “royalty”
2010-10-29 19 October 2010 External T.I. 2010-0369671E5 F - Révision d'une déduction pour amortissement Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(a) - Revising Claims IC 84-1 applies mutatis mutandis to CCA revisions by partnership
2010-10-22 15 September 2010 Internal T.I. 2010-0371521I7 F - French Version of paragraph 23 in IT-419R Income Tax Act - Section 251 - Subsection 251(1) - Paragraph 251(1)(c) correction of French version of "not dealing at arm's length"
13 October 2010 External T.I. 2010-0366801E5 F - Impôt minimum à reporter/réduction d'impôt Income Tax Act - Section 153 - Subsection 153(1.1) AMT balance can be carried forward for use in s. 153(1.1) reduction
28 September 2010 External T.I. 2010-0357141E5 F - Prix de présence et tirages Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) promotional prize as income to employee of third party
Income Tax Act - Section 9 - Nature of Income business income from draw won by brokerage
6 October 2010 External T.I. 2008-0302951E5 F - Stagiaires postdoctoraux Income Tax Act - Section 56 - Subsection 56(3) - Paragraph 56(3)(a) - Subparagraph 56(3)(a)(ii) postdoctoral fellows are ineligible for the full scholarship exemption
12 October 2010 External T.I. 2010-0371931E5 F - T5 Information Returns Income Tax Regulations - Regulation 201 - Subsection 201(4) T5 slip should report Reg. 7000 interest and interest coupon payments net of previous accruals thereof
12 October 2010 Internal T.I. 2010-0355761I7 F - PCMC - Dépense courante ou en capital Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Improvements v. Repairs or Running Expense expenditure on Canadian film production can be current expense if it is only of short-term use
Income Tax Regulations - Regulation 1106 - Subsection 1106(1) - Excluded Production - Paragraph (b) - Subparagraph (b)(i) dealing with a currents topic does not render a program a news program
4 October 2010 External T.I. 2010-0367231E5 F - Convention de partage d'une société de personnes Income Tax Act - 101-110 - Section 103 - Subsection 103(1.1) s. 103(1) or (1.1) could apply to allocation of ordinary income and capital gains on substantially different basis between couple and their corporation
2010-10-15 12 August 2010 External T.I. 2010-0370551E5 F - Tuck Under Transaction - Tremblay Decision Income Tax Act - Section 84 - Subsection 84(2) despite Tremblay, CRA may challenge tuck-under transactions that do more than extract safe income
1 October 2010 External T.I. 2010-0378681E5 F - Déduction pour gain en capital Income Tax Act - Section 84.1 - Subsection 84.1(1) s. 84.1)1) engaged on sale of Opco to Sonco for note
4 October 2010 External T.I. 2010-0376111E5 F - Frais de scolarité - formation continue Income Tax Act - Section 118.5 - Subsection 118.5(1) - Paragraph 118.5(1)(a) - Subparagraph 118.5(1)(a)(ii.2) - Clause 118.5(1)(a)(ii.2)(B) general discussion of ss. 118.5(1)(a)(ii) and (ii.2)(B)
14 June 2010 Internal T.I. 2010-0366611I7 F - Determination of CCPC Status Income Tax Act - Section 251 - Subsection 251(5) - Paragraph 251(5)(b) sole beneficiary of a trust did not have a s. 251(5)(b) right to trust shares
General Concepts - Agency application of Kinguk Trawl test of agency
Income Tax Act - Section 125 - Subsection 125(7) - Canadian-Controlled Private Corporation - Paragraph (b) agreement was not a USA since it did not contain an outright transfer of the powers of the directors to the shareholders
Income Tax Act - Section 256 - Subsection 256(5.1) non-resident shareholder with 60%+ economic interest, extensive veto rights and responsibility for future funding of R&D work had de facto control
28 September 2010 External T.I. 2010-0375501E5 F - Triplex - Résidence principale Income Tax Act - Section 54 - Principal Residence ordinarily inhabited and co-owned unit in a triplex can qualify
12 August 2010 Internal T.I. 2010-0356781I7 F - Allocation de retraite, indemnité 2091 C.c.Q. Income Tax Act - Section 248 - Subsection 248(1) - Retiring Allowance compensation paid in lieu of notice generally is a retiring allowance
28 September 2010 External T.I. 2010-0370831E5 F - RAP, acquisition par donation Income Tax Act - Section 146.01 - Subsection 146.01(1) - Regular Eligible Amount - Paragraph (b) HBP available where the home is acquired by way of gift
22 September 2010 External T.I. 2010-0373041E5 F - Résidence principale Income Tax Act - Section 54 - Principal Residence - Paragraph (e) holding land within ½ hectare area under separate title does not preclude exemption applying to such adjacent land
2010-09-17 7 September 2010 External T.I. 2009-0340861E5 F - Déduction pour amortissement - Catégorie 52 Income Tax Regulations - Regulation 1104 - Subsection 1104(2) - General-Purpose Electronic Data Processing Equipment not "general-purpose electronic data processing equipment" if no ability of user to alter the embedded program
25 August 2010 External T.I. 2010-0374231E5 F - Safe income allocation Income Tax Act - Section 55 - Subsection 55(2.1) - Paragraph 55(2.1)(c) safe income required to be allocated to prefs and new common shares received on a s. 51 exchange even where the redemption amount of the prefs matched the amount of such safe income
General Concepts - Fair Market Value - Shares Compliance Programs Branch now providing advance guidance on valuation methodology
2010-09-10 12 August 2010 External T.I. 2010-0360171E5 F - Déclaration T-1135 et biens étrangers Income Tax Act - Section 233.2 - Subsection 233.2(1) - Exempt Trust exempt foreign trust definition contains strict conditions
Income Tax Act - Section 233.3 - Subsection 233.3(1) - Specified Foreign Property - Paragraph (n) Swiss vested benefits account was not exempted
24 August 2010 External T.I. 2010-0354791E5 F - Commission d'un non-résident - 105(1) RIR Income Tax Regulations - Regulation 105 - Subsection 105(1) fee for services performed wholly in UK re sale of Canadian real estate not subject to withholding

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