2008-07-25 |
15 July 2008 External T.I. 2008-0279271E5 F - Frais de déménagement en cas de faillite |
Income Tax Act - Section 128 - Subsection 128(2) |
as s. 128 is a complete code not covering moving expenses, an individual could deduct moving expenses incurred in the stub pre-bankruptcy year from bankruptcy year income |
2008-07-04 |
28 April 2008 External T.I. 2007-0238071E5 F - Voiturier public |
Treaties - Income Tax Conventions - Article 8 |
taxpayer need not own the vehicles or operate them provided that it is engaged in all other aspects of the transporting service and is responsible to the customers |
2008-07-04 |
23 June 2008 External T.I. 2008-0268121E5 F - 75(2) et Prêt consenti à une fiducie |
Income Tax Act - Section 75 - Subsection 75(2) |
in order for s. 75(2) not to apply to loan to trust, the loan must be independent of the trust terms |
2008-07-04 |
7 July 2008 External T.I. 2008-0275961E5 F - Crédit d'impôt pour études |
Income Tax Act - Section 118.6 - Subsection 118.6(1) - Qualifying Student |
post-doctoral fellow focusing on research is not a student |
2008-06-27 |
16 June 2008 External T.I. 2008-0270251E5 F - Bien utilisé dans une entreprise agricole |
Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1.3) - Paragraph 110.6(1.3)(c) |
tax effect remained the same following the 2006 amendments |
2008-06-27 |
13 June 2008 External T.I. 2008-0270721E5 F - Allocations pour l'usage d'un véhicule à moteur |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) - Subparagraph 6(1)(b)(vii.1) |
allowance for employees’ to return to work after regular shift to be on call was taxable |
2008-06-20 |
29 May 2008 External T.I. 2007-0255321E5 F - Déclaration de renseignements |
Income Tax Regulations - Regulation 200 - Subsection 200(1) |
broad range of fees, reimbursements and honoraria paid by health centre required to be reported, but exclusive of GST |
2008-06-20 |
2 June 2008 External T.I. 2007-0262511E5 F - Obligation de produire un feuillet T4A |
Income Tax Regulations - Regulation 200 - Subsection 200(1) |
no T4A required by individual in personal capacity paying for professional or home-repair services |
2008-06-20 |
2 June 2008 External T.I. 2008-0264161E5 F - Benefit Conferred to a Shareholder |
Income Tax Act - Section 15 - Subsection 15(1) |
benefit on sole shareholder whose parents were the occupants of the corporate-owned home |
2008-06-20 |
27 May 2008 External T.I. 2008-0269441E5 F - Withdrawn Ruling Request |
Income Tax Act - Section 84 - Subsection 84(2) |
the 2005-0134731R3 transactions, accommodating “an intergenerational transfer of a family business,” would be abusive surplus stripping if applied to inter-sibling transfer |
2008-06-20 |
27 May 2008 External T.I. 2008-0269441E5 F - Withdrawn Ruling Request |
Income Tax Act - Section 245 - Subsection 245(4) |
GAAR applied to use of outside basis, created with the capital gains exemption, for an inter-sibling transfer |
2008-06-20 |
13 June 2008 Internal T.I. 2008-0280121I7 F - Crédit d'impôt pour condition physique des enfant |
Income Tax Regulations - Regulation 9400 - Subsection 9400(1) - Physical Activity |
initial swimming lesson program for preschoolers qualified notwithstanding that did not contribute initially to cardio-respiratory endurance |
2008-06-06 |
29 May 2008 External T.I. 2007-0262591E5 F - Remboursement de sommes versées par erreur |
Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(n) |
s. 8(1)(n) could extend to reimbursements of disability benefits to an employer-arranged insurer |
2008-06-06 |
26 May 2008 External T.I. 2007-0263001E5 F - 2006 GRIP Addition |
Income Tax Act - Section 89 - Subsection 89(7) |
illustration of circular calculations for GRIP additions where cross-redemption in 2004 |
2008-05-30 |
29 April 2008 External T.I. 2006-0215891E5 F - Partnership Interest & Departure Tax |
Income Tax Act - Section 220 - Subsection 220(4.5) - Paragraph 220(4.5)(a) - Subparagraph 220(4.5)(a)(i) |
s. 85(1) rollover of the property triggered the s. 220(4.5) deferred tax |
2008-05-30 |
29 April 2008 External T.I. 2006-0215891E5 F - Partnership Interest & Departure Tax |
Income Tax Act - Section 85 - Subsection 85(1.1) - Paragraph 85(1.1)(b) |
partnership interest is eligible property |
2008-05-30 |
28 April 2008 External T.I. 2007-0243711E5 F - Gains et pertes sur change |
Income Tax Act - Section 40 - Subsection 40(1) - Paragraph 40(1)(a) |
FX gains on U.S. securities transactions cannot be deferred until there is a conversion to Canadian funds |
2008-05-30 |
28 April 2008 External T.I. 2007-0248761E5 F - Crédit d'impôt pour emploi à l'étranger |
Income Tax Act - Section 122.3 - Subsection 122.3(1.1) - Paragraph 122.3(1.1)(a) |
s. 122.3(1.1)(a) inapplicable where the individual’s corporation was retained for project abroad by arm’s length Canadian corporation |
2008-05-30 |
6 May 2008 External T.I. 2007-0254661E5 F - Partie B Medicare |
Income Tax Act - Section 126 - Subsection 126(7) - Non-Business-Income Tax |
U.S. Medicare Part B premiums are not non-business income tax |
2008-05-30 |
6 May 2008 External T.I. 2007-0254661E5 F - Partie B Medicare |
Income Tax Act - Section 248 - Subsection 248(1) - Private Health Services Plan |
U.S. Medicare Part B premiums may be eligible respecting the medical tax credit |
2008-05-30 |
21 May 2008 External T.I. 2007-0259271E5 F - Fiducie non-résidente - contribuant immigrant |
Income Tax Act - Section 94 - Subsection 94(10) |
residence in Canada prior to becoming non-resident also taken into account |
2008-05-30 |
20 May 2008 Internal T.I. 2008-0267041I7 F - Productions cinématographiques et magnétoscopiques |
Income Tax Regulations - Regulation 1100 - Subsection 1100(5k.1) |
not a separate depreciable class for each CFVP |
2008-05-30 |
6 May 2008 Internal T.I. 2008-0267451I7 F - Pension alimentaire versée à des tiers |
Income Tax Act - Section 60 - Paragraph 60(b) |
payments for motor vehicle liability of ex-spouse were excluded as being in respect of tangible property |
2008-05-23 |
9 May 2008 External T.I. 2008-0271781E5 F - Dédommagement pour perte de revenu de pension |
Income Tax Act - Section 248 - Subsection 248(1) - Superannuation or Pension Benefit |
lump sums paid by Quebec government to members of deficit plans were not taxable |
2008-05-23 |
9 May 2008 External T.I. 2008-0271781E5 F - Dédommagement pour perte de revenu de pension |
Income Tax Act - Section 3 - Paragraph 3(a) |
lump sums paid by Quebec government to members of deficit plans were not income from a source |
2008-05-16 |
12 May 2008 External T.I. 2007-0262861E5 F - Perte du statut d'OSBL |
Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l) |
NPO is subject to s. 149(10) when it ceases to carry on any of the listed activities |
2008-05-16 |
1 May 2008 External T.I. 2008-0271891E5 F - Bâtiment non résidentiel |
Income Tax Regulations - Regulation 1104 - Subsection 1104(23) |
addition to pre-2007 building may qualify for the additional CCA |
2008-05-09 |
1 May 2008 External T.I. 2007-0250141E5 F - Crédit pour la création d'emplois d'apprentis |
Income Tax Act - Section 127 - Subsection 127(9) - Eligible Apprentice |
issuance of 1st apprenticeship competency certificate is an indicator of the beginning of an apprenticeship |
2008-05-09 |
30 April 2008 External T.I. 2007-0252051E5 F - Commercial Woodlot - Timber Limit |
Income Tax Regulations - Regulation 1100 - Subsection 1100(1) - Paragraph 1100(1)(e) |
standing timber on purchased land is a timber limit |
2008-05-09 |
30 April 2008 External T.I. 2007-0254311E5 F - Estate Freeze - Attribution Rules |
Income Tax Act - Section 74.4 - Subsection 74.4(4) |
condition can be satisfied where the minor child’s beneficial interest is held through two personal trusts |
2008-05-09 |
30 April 2008 External T.I. 2007-0257041E5 F - Crédit pour la création d'emplois d'apprentis |
Income Tax Act - Section 127 - Subsection 127(9) - Eligible Apprentice |
industry concept of 2000 hours per apprenticeship “year” was inapplicable |
2008-05-09 |
30 April 2008 External T.I. 2007-0257041E5 F - Crédit pour la création d'emplois d'apprentis |
Statutory Interpretation - Interpretation Act - Section 37 - Subsection 37(1) |
“year” refers to any 12-month period |
2008-05-09 |
25 April 2008 External T.I. 2008-0274401E5 F - Crédit d'impôt pour enfant |
Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b.1) |
meaning of "ordinarily reside" and "throughout the … year" |
2008-05-02 |
22 April 2008 External T.I. 2005-0152261E5 F - Interaction 24(2) et 14(3) |
Income Tax Act - Section 24 - Subsection 24(2) |
s. 14(3) takes precedence over s. 24(2) |
2008-05-02 |
21 April 2008 External T.I. 2007-0220471E5 F - Excessive Capital Dividend and 220(3.2) |
Income Tax Act - Section 184 - Subsection 184(4) |
no s. 184(4) election available where one of the shareholders was dissolved |
2008-05-02 |
21 April 2008 External T.I. 2007-0220471E5 F - Excessive Capital Dividend and 220(3.2) |
Income Tax Act - Section 220 - Subsection 220(3.2) |
s. 220(3.2) revocation is an alternative if a s. 184(4) election cannot be made |
2008-05-02 |
21 April 2008 Internal T.I. 2007-0251761I7 F - Billet à payer |
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(d) |
addition of unpaid interest to principal did not establish a loan of that interest or a novation of the debt – so that interest on such capitalized interest non-deductible until paid |
2008-05-02 |
21 April 2008 Internal T.I. 2007-0251761I7 F - Billet à payer |
Income Tax Act - Section 212 - Subsection 212(1) |
addition of unpaid interest to principal was not a payment or crediting of the interest so as to engage Pt. XIII tax |
2008-05-02 |
21 April 2008 Internal T.I. 2007-0251761I7 F - Billet à payer |
General Concepts - Payment & Receipt |
addition of unpaid interest to principal was not a loan of money, nor a payment or crediting of interest |
2008-04-25 |
15 April 2008 External T.I. 2006-0216791E5 F - Frais de déplacement-Personnel VS Aff. |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) |
travel of school trustee between home and administrative office where meetings were held was a personal expense, whose reimbursement was taxable |