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 |
2008-04-25 |
11 April 2008 Internal T.I. 2007-0239621I7 F - Crédit d'impôt pour pers. entièrement à charge |
Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b) |
taxpayer to whom a youth centre had placed a child and was no longer receiving compensation could potentially claim the credit |
2008-04-25 |
10 April 2008 External T.I. 2008-0265761E5 F - Avantage imposable - Programme écoAuto |
Income Tax Act - Section 6 - Subsection 6(2) |
ecoAUTO program reduced the cost for standby benefit computation purposes |
2008-04-18 |
8 April 2008 Internal T.I. 2008-0267811I7 F - Article 44.1 - Désignation tardive |
Income Tax Act - Section 44 - Subsection 44(1) - Replacement Share |
late designation permitted if resulted from bona fide error and not prompted by retroactive tax planning |
2008-04-18 |
9 April 2008 Internal T.I. 2008-0268881I7 F - Crédit d'impôt pour apprentis |
Income Tax Act - Section 127 - Subsection 127(9) - Eligible Apprentice |
$2,000 limit not required to be allocated to one employer where unrelated employers |
2008-04-18 |
10 April 2008 Internal T.I. 2008-0271801I7 F - Frais juridiques liés à amende ou pénalité |
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose |
deductibility of legal fees is subject to the 65302 principles including that the defended conduct not be egregious or repugnant |
2008-04-11 |
1 April 2008 External T.I. 2008-0269311E5 F - Ajustements salariaux rétroactifs |
Income Tax Act - 101-110 - Section 110.2 - Subsection 110.2(1) - Qualifying Amount |
negotiated payment of retroactive salary adjustments were not qualifying amounts |
2008-04-04 |
27 March 2008 External T.I. 2006-0197601E5 F - Crédit équivalent pour personne à charge |
Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b) - Subparagraph 118(1)(b)(ii) - Clause 118(1)(b)(ii)(B) |
having legal custody of the child is relevant, but not a sine qua non |
2008-04-04 |
27 March 2008 External T.I. 2006-0200451E5 F - Syndicat de copropriétaires |
Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l) |
distribution of land by Quebec condominium syndicate would cause it to lose its NPO status |
2008-04-04 |
27 March 2008 External T.I. 2006-0200451E5 F - Syndicat de copropriétaires |
Income Tax Act - Section 248 - Subsection 248(1) - Corporation |
condominium syndicate described in CCQ Art. 1039 is a corporation |
2008-04-04 |
27 March 2008 External T.I. 2006-0200451E5 F - Syndicat de copropriétaires |
Income Tax Act - Section 15 - Subsection 15(1) |
the co-owners of a Quebec syndicate were to be viewed as members of a corporation, so that s. 15(1) applied to a distribution to them |
2008-04-04 |
26 March 2008 External T.I. 2007-0224771E5 F - Sommes reçues en échange de références de clients |
Income Tax Act - Section 3 - Paragraph 3(a) - Business Source/Reasonable Expectation of Profit |
one-off referral fees to clients are likely non-taxable |
2008-04-04 |
26 March 2008 External T.I. 2007-0224771E5 F - Sommes reçues en échange de références de clients |
Income Tax Regulations - Regulation 200 - Subsection 200(1) |
one-off referral fees to clients, if non-taxable, do not require T4As |
2008-04-04 |
26 March 2008 Internal T.I. 2007-0260291I7 F - Biens de pêche admissibles |
Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(2.2) |
deduction not available for pre-2006 fishing licence gain carried forward to 2006 |
2008-03-28 |
18 March 2008 External T.I. 2007-0249601E5 F - Déductibilité des intérêts |
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) |
CRA examines on a case-by-case basis the impact of non-arm’s length transactions outside the normal course on accumulated profits |
2008-03-21 |
17 March 2008 External T.I. 2006-0216751E5 F - Régime individuel - RAMQ - Retraité |
Income Tax Act - Section 248 - Subsection 248(1) - Private Health Services Plan |
same exemption applicable where benefits under a PHSP are enjoyed by a retiree |
2008-03-21 |
12 March 2008 External T.I. 2007-0222751E5 F - Crédit d'impôt création emploi apprenti |
Income Tax Regulations - Regulation 7310 |
construction trades that are not directly regulated by the Quebec government also generally qualify as Red Seal trades |
2008-03-21 |
13 March 2008 External T.I. 2008-0270151E5 F - Frais de location d'une automobile |
Income Tax Act - Section 6 - Subsection 6(2) - Element E |
lease costs include admin charges of the fleet management company |
2008-03-14 |
5 March 2008 External T.I. 2007-0231831E5 F - Roulement de biens |
Income Tax Act - Section 44 - Subsection 44(1) - Paragraph 44(1)(a) |
court-directed sale of co-owned property as a substitute for partition is not a “taking” by either co-owner of the other’s property |
2008-03-14 |
5 March 2008 External T.I. 2007-0231831E5 F - Roulement de biens |
Income Tax Act - Section 54 - Proceeds of Disposition - Paragraph (d) |
court-directed sale by partition court does not generate proceeds under para. (d) |
2008-03-14 |
6 March 2008 External T.I. 2007-0253561E5 F - Placement admissible REÉR |
Income Tax Act - Section 262 |
London AIM not a designated exchange |
2008-03-14 |
5 March 2008 External T.I. 2007-0256291E5 F - Bénévoles |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) |
volunteers working regular hours for a charity were not taxable when charity’s automobile made available to them to commute to work or receive a small allowance or meal or car expenses |
2008-03-14 |
5 March 2008 External T.I. 2007-0256291E5 F - Bénévoles |
Income Tax Regulations - Regulation 200 - Subsection 200(1) |
requirement to report on T4A amounts paid to service provider greater than $500 inapplicable to charity volunteers who donate the amount back to the charity |