Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2007-06-08 30 May 2007 External T.I. 2006-0218101E5 F - Interaction entre 125.4(1) et 256(1.2)c) Income Tax Regulations - Regulation 1106 - Subsection 1106(2) s. 256(1.2)(c) does not inform the definition of prescribed taxable Canadian corporation
Income Tax Act - Section 256 - Subsection 256(1.2) - Paragraph 256(1.2)(c) s. 256(1.2)(c) does not affect the determination of de facto control
28 May 2007 External T.I. 2007-0219801E5 F - Paiement de soutien aux enfants Income Tax Act - Section 74.1 - Subsection 74.1(2) child assistance payment is transferred to a minor child is subject to s. 74.1(2) attribution
4 June 2007 Internal T.I. 2007-0229251I7 F - Montants reçus pour aide personnelle à domicile Income Tax Act - Section 3 - Paragraph 3(a) - Business Source/Reasonable Expectation of Profit no income to parental caregiver in situations similar to Pellerin
24 May 2007 Internal T.I. 2007-0235681I7 F - Frais de bureau à domicile Income Tax Act - Section 18 - Subsection 18(12) home office expenses to earn income from property are not subject to s. 18(12)
5 June 2007 Internal T.I. 2007-0237291I7 F - Disposition d'une police d'assurance-vie Income Tax Act - Section 148 - Subsection 148(7) s. 148(7) applicable to gift of policies by partners to a limited partnership
2007-06-01 24 May 2007 External T.I. 2006-0209081E5 F - Withholding Source Deductions - Trustee Fees Income Tax Act - Section 248 - Subsection 248(1) - Office fees if trustees of REIT based partly on the number of meetings they attended were from an office
Income Tax Regulations - Regulation 100 - Subsection 100(1) - Remuneration fees received by REIT trustees including per-meeting fees were salary and wages subject to source deductions and T4 reporting
2007-05-25 23 May 2007 External T.I. 2006-0215721E5 F - Application de l'alinéa 40(2)b) Income Tax Act - Section 40 - Subsection 40(2) - Paragraph 40(2)(b) on sale of land and second building, taxpayer can include the years of occupation of predecessor building that he demolished
22 May 2007 External T.I. 2007-0228611E5 F - Crédit pour la création d'emplois pour apprentis Income Tax Act - Section 127 - Subsection 127(9) - Eligible Apprentice year means 12 months/”contract” for apprentice can be the collective agreement
2007-05-18 11 May 2007 External T.I. 2005-0156891E5 F - Déductibilité des intérêts - retour de capital Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) return of share capital or partnership contribution eliminated interest deductibility on loan to fund share subscription or partnership capital contribution
11 May 2007 External T.I. 2006-0191681E5 F - Déductibilité des intérêts - retour de capital Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) no interest deductibility where share subscription using bank loan is immediately followed by stated capital distribution in same amount to pay off personal mortgage
7 May 2007 Internal T.I. 2007-0228521I7 F - Allocation pour frais de déplacement Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) - Subparagraph 6(1)(b)(x) daily minimum for kilometerage allowance was acceptable as it was nominal and intended to compensate for expenses
2007-05-11 30 April 2007 External T.I. 2007-0230441E5 F - Crédit d'impôt pour condition physique des enfants Income Tax Act - Section 118.03 - Subsection 118.03(1) - Eligible Fitness Expense determination as to whether the program qualifies should be made by sponsor
2007-04-27 17 April 2007 External T.I. 2007-0230381E5 F - Option d'achat de biens immeubles Income Tax Act - Section 49 - Subsection 49(1) - Paragraph 49(1)(a) allocation of option proceeds between principal residence and business asset to be allocated based on the reasonable value attributed to each type of property
2007-04-20 12 April 2007 External T.I. 2007-0220561E5 F - Crédit pour études - stages de formation pratique Income Tax Act - Section 118.6 - Subsection 118.6(1) - Qualifying Educational Program paid internships are not necessarily disqualifying
2007-04-06 21 March 2007 External T.I. 2005-0142121E5 F - Don au décès d'un contribuable Income Tax Act - Section 118.1 - Subsection 118.1(18) gift of shares to a charity is not of non-qualifying securities if immediately after the ownership transfer, the estate now deals at arm's length with the corporation
Income Tax Act - Section 118.1 - Subsection 118.1(5) bequest of shares to spousal trust, with the shares then directed to a registered charity on the spouse’s is treated as a gift of an equitable trust interest by the deceased
20 March 2007 External T.I. 2006-0173711E5 F - Paiement des impôts d'une fiducie Income Tax Act - 101-110 - Section 105 - Subsection 105(1) s. 105(1) does not apply where trustee pays trust taxes
Income Tax Act - Section 246 - Subsection 246(1) s. 246(1) does not apply where trustee pays trust taxes
Income Tax Act - Section 74.1 - Subsection 74.1(2) attribution may apply where father pays income tax liability of trust for his children
20 February 2007 External T.I. 2006-0210291E5 F - Remboursement des billets d'avion Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) no taxable benefit for business class ticket reimbursement – but benefit if employee is reimbursed for 2 economy tickets for the employee and spouse
27 March 2007 External T.I. 2006-0217511E5 F - Régime d'assurance collective Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) - Subparagraph 6(1)(a)(i) payment by employer of all rather than half the premiums for a group insurance plan would not oust the exclusion
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(f) CRA will not accept a retroactive change to a plan’s tax status
21 February 2007 Internal T.I. 2006-0218421I7 F - Pension alimentaire - date d'exécution Income Tax Act - Section 56.1 - Subsection 56.1(4) - Commencement Day retroactive nature of a divorce judgment is to be respected
General Concepts - Effective Date divorce judgment with stated retroactive effect caused the amounts to “be required to be made” on the earlier date
27 March 2007 External T.I. 2007-0226801E5 F - Orphelin(e)s de Duplessis Income Tax Act - Section 3 - Paragraph 3(a) compensation to Duplessis orphans was non-taxable
2007-03-30 14 March 2007 External T.I. 2006-0169821E5 F - REÉÉ - définition de souscripteur Income Tax Act - Section 146.1 - Subsection 146.1(1) - Subscriber - Paragraph (c) legatees of subscriber are subscribers
14 March 2007 External T.I. 2007-0219601E5 F - Police d'assurance-vie cédée en garantie Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(e.2) borrowing must be by the taxpayer
2007-03-16 26 February 2007 External T.I. 2005-0163391E5 F - Choix en vertu du paragraphe 256(2) de la LIR Income Tax Act - Section 256 - Subsection 256(2) making election does not preclude s. 129(6)(b)(i) applying to deem property income to be active business income
2 March 2007 External T.I. 2006-0185471E5 F - Frais de représentation - 67.1 Income Tax Act - Section 67.1 - Subsection 67.1(1) confirmation of 1998 agreement as to portion of remote work site daily allowances to be treated as for meals rather than accommodation
Excise Tax Act - Section 236 - Subsection 236(1) ITA s. 67.1 agreement as to portion of remote work site daily allowances to be treated as for meals rather than accommodation also applies to ETA s. 236
27 February 2007 External T.I. 2006-0216481E5 F - Montant payable à des retraités (annul ass. malad) Income Tax Act - Section 6 - Subsection 6(3) compensation for termination of retirees’ benefit plan not includible under s. 6(3)
Income Tax Act - Section 3 - Paragraph 3(a) compensation for termination of retirees’ benefit plan was not income from a source
9 March 2007 External T.I. 2006-0218501E5 F - Application de 75(2) lors d'une émission d'actions Income Tax Act - Section 75 - Subsection 75(2) s. 75(2) inapplicable to a corporation issuing shares to a trust of which it may become a beneficiary because it did not own the shares before their issuance
2007-03-09 26 February 2007 External T.I. 2005-0159431E5 F - Renonciation aux revenus d'une fiducie Income Tax Act - 101-110 - Section 108 - Subsection 108(1) - Testamentary Trust - Paragraph (c) renunciation of income not yet realized is not a contribution to the trust
Income Tax Act - 101-110 - Section 106 - Subsection 106(2) s. 106(2) inapplicable to renunciation of income not yet realized
2007-02-23 16 February 2007 External T.I. 2006-0200541E5 F - Prestation universelle pour la garde d'enfants Income Tax Act - Section 74.1 - Subsection 74.1(2) UCCB benefit put into separate bank account for child subject to attribution
12 February 2007 External T.I. 2006-0214141E5 F - Régime d'assurance salaire Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) - Subparagraph 6(1)(a)(i) a qualifying group disability plan could utilize individual policies, but s. 6(1)(a)(i) exclusion not available where plan restricted to the two shareholder-managers
Income Tax Act - Section 15 - Subsection 15(1) benefit from corporate employer’s payment of premiums under disability plan restricted to the two shareholder-managers was received qua shareholder rather than employee

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