2008-02-22 |
15 February 2008 External T.I. 2007-0232041E5 F - Crédit pour la condition physique des enfants |
Income Tax Act - Section 118.03 - Subsection 118.03(2) |
eligible expenses could include mandatory affiliation fees |
2008-02-22 |
12 February 2008 Internal T.I. 2007-0240721I7 F - Crédit d'impôt pour frais médicaux |
Income Tax Act - Section 118.2 - Subsection 118.2(2) - Paragraph 118.2(2)(e) |
a riding school is not an “other place” |
2008-02-22 |
14 February 2008 Internal T.I. 2007-0256401I7 F - Vente d'un surplus actuariel |
Income Tax Act - Section 56 - Subsection 56(1) - Paragraph 56(1)(a) - Subparagraph 56(1)(a)(i) |
amount of asset sale price allocated to actuarial surplus was includible under s. 56(1)(a)(i) as being in lieu of refund of such surplus |
2008-02-15 |
6 February 2008 External T.I. 2007-0239951E5 F - Restrictions à la déduction pour amortissement |
Income Tax Regulations - Regulation 1100 - Subsection 1100(11) |
rental property restriction rules are applied separately to directly held rental properties and those attributed to that taxpayer under s. 75(2) |
2008-02-15 |
6 February 2008 External T.I. 2007-0248161E5 F - Retenues à la source / Congédiement |
Income Tax Act - Section 248 - Subsection 248(1) - Retiring Allowance |
retiring allowances include damages for anguish from wrongful dismissal/no CPP/EI withholding |
2008-02-15 |
6 February 2008 Internal T.I. 2007-0249001I7 F - Crédit d'impôt-frais médicaux-Fourgonnette adaptée |
Income Tax Act - Section 118.2 - Subsection 118.2(2) - Paragraph 118.2(2)(l.7) |
costs of adapted toilet, a supplementary heating system, a solar panel and a battery in large van used by spouse with special needs were not covered |
2008-02-15 |
6 February 2008 Internal T.I. 2008-0265661I7 F - ajustements salariaux rétroactifs |
Income Tax Act - 101-110 - Section 110.2 - Subsection 110.2(1) - Qualifying Amount |
voluntary pay equity adjustments were not qualifying amounts |
2008-02-08 |
8 November 2004 Internal T.I. 2004-0076271I7 F - Émission d'options d'achat d'actions |
Income Tax Act - Section 9 - Computation of Profit |
unclear whether the FMV of options issued in consideration for purchases of property or services is the cost thereof |
2008-02-08 |
31 January 2008 External T.I. 2007-0230111E5 F - Déclaration des remboursements de dépenses |
Income Tax Regulations - Regulation 200 - Subsection 200(1) |
expense reimbursements, including GST, are included on T4A |
2008-02-01 |
22 January 2008 External T.I. 2006-0165521E5 F - Prime versé à l'emprunteur |
Income Tax Act - Section 13 - Subsection 13(7.1) |
no opinion expressed on whether a bonus received under the Quebec Immigrant Investor Program reduced the cost of the eligible capital property acquired |
2008-02-01 |
23 January 2008 External T.I. 2006-0206351E5 F - Subsection 69(11) |
Income Tax Act - Section 69 - Subsection 69(11) |
no application to transfer of interests in family farm partnership to farming son |
2008-02-01 |
21 January 2008 External T.I. 2007-0227531E5 F - GRIP / GRIP Addition for 2006 |
Income Tax Act - Section 89 - Subsection 89(14) |
for 2006 only, CRA accepted designating a portion of a dividend as an eligible dividend |
2008-02-01 |
16 January 2008 External T.I. 2007-0232751E5 F - Éléments "A" et "B" du paragraphe 127(10.2) |
Income Tax Act - Section 125 - Subsection 125(5.1) |
no inclusion of taxable capital regarding associated non-resident with no Canadian PE |
2008-02-01 |
16 January 2008 External T.I. 2007-0232751E5 F - Éléments "A" et "B" du paragraphe 127(10.2) |
Income Tax Act - Section 127 - Subsection 127(10.2) |
expenditure limit does not take into account income of associated non-resident that has no Canadian PE or other Canadian nexus |
2008-02-01 |
23 January 2008 External T.I. 2007-0236051E5 F - Frais de relocalisation |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) |
IT-178R3, IT-470R and T4130 should be referenced for question on employee relocation reimbursement and allowance |
2008-02-01 |
23 January 2008 External T.I. 2007-0237251E5 F - Résidence principale - Destruction d'un triplex |
Income Tax Act - Section 40 - Subsection 40(2) - Paragraph 40(2)(b) |
gain on triplex destroyed by fire then sold should be allocated between the personal use portion and rental portion based on relative building areas, but with years of use being pre-fire |
2008-02-01 |
23 January 2008 External T.I. 2007-0237251E5 F - Résidence principale - Destruction d'un triplex |
Income Tax Act - Section 54 - Principal Residence - Paragraph (e) |
garage remaining after destruction of triplex by fire was part of the contiguous land |
2008-02-01 |
28 January 2008 External T.I. 2007-0250831E5 F - Part IV.1 and VI.1 Taxes - Subsection 55(2) |
Income Tax Act - Section 191 - Subsection 191(4) |
s. 191(4) unavailable where redemption occurred subsequently to reduction in redemption amount pursuant to a price adjustment clause |
2008-02-01 |
28 January 2008 External T.I. 2007-0250831E5 F - Part IV.1 and VI.1 Taxes - Subsection 55(2) |
Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a) - Subparagraph 55(3)(a)(i) |
s. 55(3)(a)(i) exception does not apply to a redemption of a preferred share giving rise to a deemed dividend irrespective of conversion of that dividend to capital gain |
2008-02-01 |
28 January 2008 External T.I. 2007-0250831E5 F - Part IV.1 and VI.1 Taxes - Subsection 55(2) |
Income Tax Act - Section 191.1 - Subsection 191.1(1) - Paragraph 191.1(1)(a) |
dividend subject to s. 55(2) can also be subject to Pt. VI.1 tax |
2008-02-01 |
28 January 2008 External T.I. 2007-0250831E5 F - Part IV.1 and VI.1 Taxes - Subsection 55(2) |
Income Tax Act - Section 187.2 |
application of Pt. IV.1 tax to a deemed dividend is ousted to the extent s. 55(2) applies |
2008-02-01 |
18 January 2008 External T.I. 2007-0252081E5 F - Placements admissibles REÉR |
Income Tax Regulations - Regulation 4901 - Subsection 4901(2) - Qualifying Share |
share must not be eligible for patronage dividends |
2008-02-01 |
23 January 2008 Internal T.I. 2007-0255351I7 F - Frais médicaux - déplacement |
Income Tax Act - Section 118.2 - Subsection 118.2(2) - Paragraph 118.2(2)(g) - Subparagraph 118.2(2)(g)(iii) |
certificate should state why the physician considers that there are no adequate and appropriate medical services in the venue where the patient resides |
2008-02-01 |
14 January 2008 External T.I. 2007-0263241E5 F - Mise à part de l'argent |
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) |
cash damming by individuals is accepted pending Lipson |
2008-01-18 |
10 January 2008 External T.I. 2005-0139681E5 F - Dépenses reportées à une année ultérieure |
Income Tax Act - Section 9 - Timing |
expense generally is deductible when incurred if it generates both current and future benefits |
2008-01-18 |
7 January 2008 External T.I. 2007-0225481E5 F - GRIP Addition for 2006 |
Income Tax Act - Section 89 - Subsection 89(7) |
GRIP addition from subsidiary resulting from 2001 and 2005 dividends |
2008-01-18 |
11 January 2008 External T.I. 2007-0227061E5 F - Revenu imposable sociétés associées non-résidentes |
Income Tax Act - Section 127 - Subsection 127(10.2) |
taxable income of non-resident associated corporations, which are not taxable in Canada under s. 2(3), is ignored |
2008-01-18 |
7 January 2008 External T.I. 2007-0227071E5 F - GRIP Addition for 2006 |
Income Tax Act - Section 89 - Subsection 89(7) |
GRIP addition from subsidiary equaling its GRIP given dividends paid by it in excess of that amount |
2008-01-18 |
10 January 2008 External T.I. 2007-0227191E5 F - REVENUS D'UNE SOCIÉTÉ DE PERS. - PART PRIVILÉGIÉE |
Income Tax Act - 101-110 - Section 103 - Subsection 103(1) |
common and preferred units can be used as a mechanism for profits to be allocated to each partner’s interest (a single property) |
2008-01-18 |
10 January 2008 External T.I. 2007-0227191E5 F - REVENUS D'UNE SOCIÉTÉ DE PERS. - PART PRIVILÉGIÉE |
Income Tax Act - Section 53 - Subsection 53(1) - Paragraph 53(1)(e) - Subparagraph 53(1)(e)(i) |
division of partnership interest into preferred and common units does not affect determination of partnership interest’s ACB |
2008-01-18 |
18 January 2008 External T.I. 2007-0235131E5 F - Faux frais de déplacement |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) - Subparagraph 6(1)(b)(vii) |
Treasury Board allowance rates generally are reasonable, even when applied to entertainment |
2008-01-18 |
10 January 2008 Internal T.I. 2007-0254551I7 F - Provision relative à certaines marchandises |
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(m) - Subparagraph 20(1)(m)(i) |
ss. 12(1)(a)(i) inclusion and 20(1)(m)(i) available for gift certificates sold to franchisees where goods are only tendered to franchisee, with adjustment for unredeemed certificates |
2008-01-18 |
10 January 2008 Internal T.I. 2007-0254551I7 F - Provision relative à certaines marchandises |
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(m.2) |
s. 20(1)(m.2) available for returned gift certificates sold to franchisees |
2008-01-18 |
8 January 2008 Internal T.I. 2007-0254881I7 F - Amortissement d'une aire de camping |
Income Tax Regulations - Schedules - Schedule II - Class 17 - Paragraph 17(c) |
costs of developing a campground would generally be added to Class 17(c) |
2008-01-18 |
8 January 2008 Internal T.I. 2007-0254881I7 F - Amortissement d'une aire de camping |
Income Tax Regulations - Regulation 1100 - Subsection 1100(17) |
campground, if a business, not subject to leasing property restriction rule |
2008-01-18 |
8 January 2008 Internal T.I. 2007-0254881I7 F - Amortissement d'une aire de camping |
Income Tax Regulations - Schedules - Schedule II - Class 1 |
septic tanks are structures |
2008-01-18 |
8 January 2008 Internal T.I. 2007-0254881I7 F - Amortissement d'une aire de camping |
Income Tax Regulations - Schedules - Schedule II - Class 6 |
swimming pool is a water storage tank |
2008-01-11 |
5 December 2007 Internal T.I. 2007-0221211I7 F - Capital Dividends |
Income Tax Act - Section 184 - Subsection 184(3) |
|
2008-01-11 |
5 December 2007 Internal T.I. 2007-0221211I7 F - Capital Dividends |
Income Tax Act - Section 165 - Subsection 165(3) |
suggesting awaiting by CRA of a court resolution of a related dispute would be contrary to its duty to act with all due dispatch |
2008-01-11 |
5 December 2007 Internal T.I. 2007-0221211I7 F - Capital Dividends |
Income Tax Act - Section 184 - Subsection 184(3) |
CRA will not accommodate appeal of underlying Pt. I and III assessments by agreeing to act on a waiver if appeal successful or by deferred processing of a s. 184(3) election |