Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2006-10-13 14 September 2006 External T.I. 2006-0167861E5 F - Frais de représentation Income Tax Act - Section 67.1 - Subsection 67.1(2) - Paragraph 67.1(2)(a) taxpayer is not considered to receive compensation for restaurant bills where they are included in its estimates but not explicitly in its invoices
Income Tax Act - Section 67.1 - Subsection 67.1(2) - Paragraph 67.1(2)(c) "specifically notified in writing" requirement is not satisfied where restaurant bills are included in fee estimates to clients but not explicitly in the ultimate invoices
2 October 2006 Internal T.I. 2006-0168081I7 F - Actions d'une société en faillite Income Tax Act - Section 50 - Subsection 50(1) - Paragraph 50(1)(b) - Subparagraph 50(1)(b)(i) s. 50(1)(b)(i) satisfied if notice of intention under BIA does not lead to timely filing of proposal – but election must be filed for that rather than subsequent year
Income Tax Act - Section 50 - Subsection 50(1) - Paragraph 50(1)(b) - Subparagraph 50(1)(b)(iii) if s. 50(1)(b)(iii) conditions are satisfied in a year, the election can be made in a subsequent year – but not if the corporation was a bankrupt in the first year
25 September 2006 External T.I. 2006-0169371E5 F - Résidence principale -Détermination du PBR Income Tax Act - 101-110 - Section 107 - Subsection 107(1) - Paragraph 107(1)(a) relinquishing to their father by the children of the bare ownership in a residence subject to a usufruct of their father resulted in a deemed trust interest disposition with a gain equal to the residence’s appreciation
3 October 2006 External T.I. 2006-0203911E5 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) travel from home to attend service calls not in the course of employment
3 October 2006 Internal T.I. 2006-0208161I7 F - Projet pilote - Alternative jeunesse Income Tax Act - Section 56 - Subsection 56(1) - Paragraph 56(1)(u) Quebec youth alternative payments are social assistance
2006-09-29 1 August 2006 External T.I. 2005-0125431E5 F - Donation rémunératoire et vente à rabais Income Tax Act - Section 248 - Subsection 248(31) must be a donative intent for there to be a remunerative gift
20 September 2006 External T.I. 2006-0166541E5 F - Revenu d'emploi hors réserve gagné par un Indien Other Legislation/Constitution - Federal - Indian Act - Section 87 employer is a connecting factor if all its members are on the reserve
19 September 2006 External T.I. 2006-0170861E5 F - Contrat de rente différé et perte courue Income Tax Act - Section 148 - Subsection 148(9) - Adjusted Cost Basis ACB does not reflect the income for the anniversary year if disposition of interest occurs immediately after the anniversary day
Income Tax Regulations - Regulation 307 - Subsection 307(1) - Paragraph 307(1)(b) overview of Reg. 307(1)(b)
2006-09-22 16 August 2006 External T.I. 2006-0176801E5 F - Subparagraph 256(1.2)(f)(ii) Income Tax Act - Section 256 - Subsection 256(1.2) - Paragraph 256(1.2)(f) - Subparagraph 256(1.2)(f)(ii) s. 256(1.2)(f)(ii) extends to a person designated to be a beneficiary upon the death of the individual’s father
13 September 2006 External T.I. 2006-0184711E5 F - Allocation de retraite Income Tax Act - Section 60 - Paragraph 60(j.1) vested contributions include those transferred from previous employer
13 September 2006 External T.I. 2006-0185081E5 F - Crédit d'impôt pour études: sens du mot "semaine" Income Tax Act - Section 118.6 - Subsection 118.6(1) - Qualifying Educational Program week means 7 consecutive days
13 September 2006 External T.I. 2006-0185161E5 F - Crédit d'impôt pour frais de scolarité Income Tax Act - Section 118.5 - Subsection 118.5(3) - Paragraph 118.5(3)(d) fee for credit recognition of work placement might qualify
13 September 2006 External T.I. 2006-0198391E5 F - Ventes à découvert - choix 39(4) Income Tax Act - Section 39 - Subsection 39(4) election applies to short sales of Canadian securities
2006-09-15 28 August 2006 Internal T.I. 2006-0171141I7 F - Régime d'assurance collective contre la maladie Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) - Subparagraph 6(1)(a)(i) a qualifying plan can be implemented by individual disability insurance policies taken out for all management employees if there is a similar premium sharing arrangement for all
2006-09-08 7 September 2006 External T.I. 2006-0172841E5 F - 15(2) - employé non-actionnaire au moment du prêt Income Tax Act - Section 15 - Subsection 15(2) s. 15(2) can apply if the loan recipient becomes a shareholder later in the year
7 September 2006 External T.I. 2006-0173701E5 F - Exercice financier d'une société Income Tax Act - Section 249.1 - Subsection 249.1(1) - Paragraph 249.1(1)(a) 53 week period includes initial period of inactivity
Income Tax Act - Section 150 - Subsection 150(1) - Paragraph 150(1)(a) - Subparagraph 150(1)(a)(i) initial period of years of inactivity does not suspend return-filing obligation
10 August 2006 Internal T.I. 2006-0191571I7 F - Frais de déplacement - biens locatifs Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(h) two adjacent properties nonetheless are separate so that related property-management travel expenses are deductible
11 August 2006 External T.I. 2006-0195781E5 F - Bourses de perfectionnement Income Tax Act - Section 56 - Subsection 56(1) - Paragraph 56(1)(n) National Research Council fellowships likely are employment income
Income Tax Act - Section 5 - Subsection 5(1) changed tests for distinguishing employment following Sagaz and Wolf
1 November 1994 Internal T.I. 94234170 F - CBR Assurance-vie Income Tax Act - Section 148 - Subsection 148(9) - Disposition amendment to policy to reduce premiums and insured amounts was not intended to create a new policy, and was not a disposition
Income Tax Act - Section 248 - Subsection 248(1) - Disposition amending policy to reduce premiums and insured amount was not a disposition
2006-08-18 20 June 2006 External T.I. 2005-0149651E5 F - CEE / FEC Income Tax Act - Section 66.1 - Subsection 66.1(6) - Canadian exploration expense - Paragraph (f) expenditures to ensure safety of exploration personnel generally qualify if not specifically excluded
2006-08-11 18 July 2006 External T.I. 2005-0159781E5 F - Paragraph 55(3)(a) Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a) - Subparagraph 55(3)(a)(i) ss. 55(3)(a)(i) to 55(3)(a)(v) not engaged where Holdco spins off Subco to Sisterco and then redeems the minority shareholding in Holdco of 3rd party
18 July 2006 External T.I. 2005-0162181E5 F - Subsection 74.4(2) Income Tax Act - Section 74.4 - Subsection 74.4(2) - Paragraph 74.4(2)(a) a 9% spousal shareholder is a specified shareholder if she also controls a related corporation
Income Tax Act - Section 248 - Subsection 248(1) - Specified Shareholder 9% shareholder of corporation otherwise held by her spouse becomes a specified shareholder if she wholly-owns a second corporation
29 June 2006 External T.I. 2006-0170641E5 F - Distribution of Corporate Property Income Tax Act - Section 84 - Subsection 84(2) 12 month maintenance of business of pipeline corporation contributes to favourable s. 84(2) ruling
18 July 2006 Internal T.I. 2006-0184431I7 F - Prêt d'un gouvernement Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(x) - Subparagraph 12(1)(x)(iii) ultimate obligation to repay all the amount advanced rendered a loan an unconditional loan rather than a forgivable loan
1 June 1993 External T.I. 93061850 - Prestations d'assurance-salaire Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(f) benefits under wage loss insurance plan were taxable to employees because they had not fully borne the premiums (but s. 6(1)(f)(v) deductions available)
2006-07-28 20 July 2006 External T.I. 2005-0124101E5 F - Avantages imposables à des employés Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) a working meal potentially could be excluded
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) - Subparagraph 6(1)(b)(v) exemption inapplicable where union employee negotiating contract is employed by different union
Income Tax Act - Section 248 - Subsection 248(1) - Office temporary position of unionized employee with union is an "office"
11 July 2006 External T.I. 2005-0152031E5 F - Actions admissibles de petite entreprise Income Tax Act - Section 248 - Subsection 248(1) - Small Business Corporation building used 75% in the corporation’s active business operations and 25% for rental use would qualify
Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(7) - Paragraph 110.6(7)(b) transfer of property to corporation for a s. 85 agreed amount less than FMV of the property and the shares issued therefor does not engage s. 110.6(7)(b)
10 July 2006 External T.I. 2005-0153051E5 F - Somme forfaitaire - régime de pension agréé Income Tax Act - 101-110 - Section 110.2 - Subsection 110.2(1) - Qualifying Amount - Paragraph (b) damages received regarding encroachments on pension plan surplus were not a qualifying amount
10 July 2006 External T.I. 2005-0156751E5 F - Régime québécois d'assurance parentale Income Tax Act - Section 118.7 - B - Paragraph (a.1) description of QPIP program
11 July 2006 External T.I. 2006-0182451E5 F - Indemnité versée par un syndicat Income Tax Act - Section 3 - Paragraph 3(a) payments by union to members to attend union conventions on their days off not taxable

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