2010-09-10 |
28 June 2010 External T.I. 2010-0361561E5 F - Programme d'aide au développement international |
Income Tax Regulations - Regulation 3400 |
exclusion for international aid program |
2010-09-10 |
28 June 2010 External T.I. 2010-0361561E5 F - Programme d'aide au développement international |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) - Subparagraph 6(1)(b)(iii) |
ordinary resident apparently eligible for the exclusion on overseas posting re international aid program |
2010-09-10 |
27 July 2010 External T.I. 2010-0364841E5 F - Questions relatives à une séparation |
Income Tax Act - Section 63 - Subsection 63(3) - Supporting Person |
no supporting person where two spouses lived separate and apart under same roof |
2010-09-10 |
27 July 2010 External T.I. 2010-0364841E5 F - Questions relatives à une séparation |
Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b) |
two separated spouses living under the same roof required to agree on which one claims the s. 118(1)(b) credit |
2010-09-10 |
27 July 2010 External T.I. 2010-0364841E5 F - Questions relatives à une séparation |
Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(a) |
joint payment of expenses incurred under the same roof did not preclud two separated spouses living “separate and apart” |
2010-09-10 |
28 June 2010 External T.I. 2009-0350241E5 F - Crédit d'impôt pour investissement du Québec |
Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(x) - Subparagraph 12(1)(x)(vi) |
Quebec investment tax credit is deducted under s. 13(7.1) rather than included under s. 12(1)(x) |
2010-09-10 |
28 June 2010 External T.I. 2009-0350241E5 F - Crédit d'impôt pour investissement du Québec |
Income Tax Act - Section 13 - Subsection 13(7.1) - Paragraph 13(7.1)(f) |
Quebec investment tax credit reduces capital cost at end of year for which it is claimed, excepting any carryforward portion |
2010-09-10 |
28 June 2010 External T.I. 2009-0350241E5 F - Crédit d'impôt pour investissement du Québec |
Income Tax Act - Section 127 - Subsection 127(9) - Government Assistance |
Quebec investment tax credit is government assistance |
2010-09-10 |
26 July 2010 External T.I. 2010-0364721E5 F - Revenus de bien et d'entreprise |
Income Tax Act - Section 18 - Subsection 18(12) |
bed and breakfast operation was business rather than property source (and thus subject to s. 18(12) limitation) since more than normal essential services provided |
2010-09-10 |
26 July 2010 External T.I. 2010-0364721E5 F - Revenus de bien et d'entreprise |
Income Tax Regulations - Regulation 1100 - Subsection 1100(14) |
rental property restriction rule applies to business properties as well/"principally" references over 50% of the time |
2010-09-10 |
26 July 2010 External T.I. 2010-0364721E5 F - Revenus de bien et d'entreprise |
Income Tax Act - Section 3 - Paragraph 3(a) - Business Source/Reasonable Expectation of Profit |
reduction of personal expenses is not the pursuit of profit |
2010-09-10 |
19 August 2010 External T.I. 2009-0344111E5 F - Résidence Société Capital-Risque - Conv Can-France |
Treaties - Income Tax Conventions - Article 4 |
French venture capital corporation is resident in France (“liable to tax”) notwithstanding that it has elected to be exempt on its portfolio gains |
2010-09-10 |
27 July 2010 External T.I. 2009-0347471E5 F - Déduction pour amortissement - Catégorie 52 |
Income Tax Regulations - Regulation 1104 - Subsection 1104(2) - General-Purpose Electronic Data Processing Equipment |
PDA qualified as Class 52 property |
2010-09-10 |
7 June 2010 Internal T.I. 2009-0351031I7 F - Faillite changée en proposition |
Income Tax Act - Section 128 - Subsection 128(2) - Paragraph 128(2)(g) - Subparagraph 128(2)(g)(iii) |
court approval of consumer proposal and individual’s discharge was not a s. 128(2)(g) unconditional discharge, so that individual thereafter could apply unused tuition tax credits |
2010-09-10 |
17 August 2010 External T.I. 2010-0367371E5 F - Fin d'un usufruit - résidence principale |
Income Tax Act - Section 248 - Subsection 248(3) |
dissolution of s. 248(3) trust when the usufructuaries renounced their right of usufruct |
2010-09-10 |
17 August 2010 External T.I. 2010-0367371E5 F - Fin d'un usufruit - résidence principale |
Income Tax Act - Section 54 - Principal Residence - Paragraph (a.1) |
usufructuary parents were specified beneficiaries based on their inhabiting the housing unit |
2010-09-10 |
17 August 2010 External T.I. 2010-0367371E5 F - Fin d'un usufruit - résidence principale |
Income Tax Act - 101-110 - Section 107 - Subsection 107(2.01) |
deemed s. 248(3) trust that dissolved when the usufructuary parents renounced their, makes a s. 107(2.01) or (2.001) to apply principal residence exemption to dissolution gain |
2010-08-27 |
13 August 2010 External T.I. 2010-0359571E5 F - Crédit d'impôt étranger |
Income Tax Act - Section 126 - Subsection 126(1) |
foreign withholding tax is borne by the copyright holder rather than the Cdn. selling agent |
2010-08-13 |
6 August 2010 External T.I. 2010-0364091E5 F - Utilisation d'un véhicule fourni par l'employeur |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(e) |
benefit even if the vehicle is made available for responding quickly to an emergency |
2010-08-13 |
19 May 2010 Internal T.I. 2008-0279441I7 F - Canadian-controlled private corporation |
Income Tax Act - Section 125 - Subsection 125(7) - Canadian-Controlled Private Corporation - Paragraph (a) |
future acquisition right under a USA of 50% Canadian shareholder gave its non-resident shareholder de jure control of underlying corporation |
2010-08-13 |
19 May 2010 Internal T.I. 2008-0279441I7 F - Canadian-controlled private corporation |
Income Tax Act - Section 251 - Subsection 251(5) - Paragraph 251(5)(b) - Subparagraph 251(5)(b)(i) |
future acquisition right under a USA gave indirect 50% non-resident shareholder de jure control |
2010-08-13 |
23 June 2010 Internal T.I. 2010-0368161I7 F - 84.1 |
Income Tax Act - Section 84.1 - Subsection 84.1(2) - Paragraph 84.1(2)(b) |
s. 84.1(2)(b) inapplicable to individual’s transfer of ½ of Opco to Holdco (owned by 3 unrelated individuals) for note and non-voting pref |
2010-08-13 |
23 June 2010 Internal T.I. 2010-0368161I7 F - 84.1 |
Income Tax Act - Section 84.1 - Subsection 84.1(2.2) - Paragraph 84.1(2.2)(b) |
s. 84.1(2.2)(b) group can include a non-voting shareholder |
2010-08-13 |
4 August 2010 External T.I. 2009-0330501E5 F - Superficial loss |
Income Tax Act - Section 251.1 - Subsection 251.1(1) - Paragraph 251.1(1)(b) - Subparagraph 251.1(1)(b)(ii) |
X (holding the Opco non-voting shares), and a discretionary trust (holding the Opco voting shares) of which X was a beneficiary, were an affiliated group |
2010-08-06 |
26 July 2010 External T.I. 2009-0349481E5 F - 212(1)d)(i)-Marque de commerce utilisée au Canada |
Income Tax Act - Section 212 - Subsection 212(1) - Paragraph 212(1)(d) |
royalty for use outside Canada of trademark is subject to withholding |
2010-08-06 |
26 July 2010 External T.I. 2010-0368991E5 F - CIAPH - Société de personnes |
Income Tax Act - Section 118.05 - Subsection 118.05(1) - Qualifying Home |
partner is not precluded from claiming HBTC for residence acquired by partnership |
2010-08-06 |
7 July 2010 External T.I. 2010-0370611E5 F - Purchase of Shares by Subsidiary - Sec. 245 |
Income Tax Act - Section 245 - Subsection 245(4) |
position that an individual potentially can realize a capital gain by selling shares to a Newco sub of the corporation for cash does not depend on there being a s. 87 or 88 merger of Newco and the corporation |
2010-08-06 |
7 July 2010 External T.I. 2010-0370611E5 F - Purchase of Shares by Subsidiary - Sec. 245 |
Income Tax Act - Section 84.1 - Subsection 84.1(1) |
realization by an individual of capital gain by selling shares to the corporation’s Newco sub requires inter alia that any basis created in Newco not be abused |
2010-08-06 |
28 June 2010 External T.I. 2010-0362391E5 F - Revenus de récompenses |
Income Tax Act - Section 56 - Subsection 56(1) - Paragraph 56(1)(n) |
awards for winning music competitions might or might not be prescribed prizes |
2010-07-30 |
30 June 2010 External T.I. 2009-0327881E5 F - FFCP Délai de production T3 |
Income Tax Regulations - Regulation 204 - Subsection 204(2) |
s. 132.1 merger accelerates T3 return-filing deadline |
2010-07-30 |
30 June 2010 External T.I. 2009-0327881E5 F - FFCP Délai de production T3 |
Income Tax Act - Section 220 - Subsection 220(3) |
requirements for application to extend T3 filing deadline following s. 132.1 merger |
2010-07-30 |
30 June 2010 External T.I. 2009-0327881E5 F - FFCP Délai de production T3 |
Income Tax Regulations - Regulation 204.1 - Subsection 204.1(2) |
no requirement to file with CDS if MFT is not listed |
2010-07-23 |
14 July 2010 External T.I. 2010-0361431E5 F - Usage d'une automobile fournie par l'employeur |
Income Tax Act - Section 6 - Subsection 6(2) |
days include all those where the employee has the keys, including on weekends |
2010-07-16 |
24 June 2010 External T.I. 2010-0358981E5 F - Déductibilité de dépistage de la XXXXXXXXXX |
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose |
expense of bacteria testing can be deductible even though expenditures do not themselves generate revenue |
2010-07-16 |
11 May 2010 External T.I. 2009-0339151E5 F - Paragraphe 44.1 - " actions de remplacement |
Income Tax Act - Section 44.1 - Subsection 44.1(1) - Replacement Share |
replacement share not required to continue to be of an eligible small business corporation after its issue |
2010-07-09 |
21 June 2010 External T.I. 2010-0355971E5 F - Montants versés à des administrateurs |
Income Tax Act - Section 81 - Subsection 81(3.1) |
potential exclusion for part-time directors who receive travel allowance for travel to out-of-region board meetings |
2010-07-09 |
21 June 2010 External T.I. 2010-0355971E5 F - Montants versés à des administrateurs |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) |
payment of accommodation, travel and meal expenses for attending directors’ meeting out of the region likely not a benefit, but tickets to events likely taxable |
2010-07-09 |
28 June 2010 External T.I. 2010-0357081E5 F - Crédit d'impôt pour la rénovation domiciliaire |
Income Tax Act - Section 252 - Subsection 252(3) |
HRTC administrative exception that separated spouses are not treated as spouses |
2010-07-09 |
28 June 2010 External T.I. 2010-0357081E5 F - Crédit d'impôt pour la rénovation domiciliaire |
Income Tax Act - Section 118.04 - Subsection 118.04(1) - Eligible Dwelling - Paragraph (b) |
ordinary inhabitation can commence at the end of the eligible period |
2010-07-09 |
28 June 2010 External T.I. 2010-0357081E5 F - Crédit d'impôt pour la rénovation domiciliaire |
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Incurring of Expense |
home renovation expenses generally considered to be incurred by the individual even where reimbursed by insurance company |