Translations of recent severed letters

Bundle Date Translated severed letter Summaries under Summary descriptor
2006-08-11 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
Income Tax Act - Section 8 - Subsection 8(5) payments by union to members to attend union conventions on their days off reduce the union dues deduction
7 July 2006 Internal T.I. 2006-0185961I7 F - Choix en vertu de 110.6(19) - Impact sur la FNACC Income Tax Act - Section 39 - Subsection 39(1) - Paragraph 39(1)(a) recognition of recapture shielded the taxpayer from recognizing capital gain
Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(19) detailed example regarding subsequent building disposition
7 July 2006 External T.I. 2006-0190701E5 F - Bourses d'études et de perfectionnement Income Tax Act - Section 56 - Subsection 56(3) full exemption proposal not implemented
2006-06-30 7 June 2006 External T.I. 2005-0139641E5 F - Employés à plein temps Income Tax Act - Section 125 - Subsection 125(7) - Specified Investment Business even 35 hours per week is not full-time
13 June 2006 External T.I. 2005-0147241E5 F - Déduction pour habitants des régions éloignée Income Tax Act - 101-110 - Section 110.7 - Subsection 110.7(1) visits to the taxpayer’s family home outside the zone interrupts the counting of the 6-month residence period in the zone
7 June 2006 External T.I. 2005-0161881E5 F - Biens agricoles admissibles Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1) - Qualified Farm or Fishing Property any 24-month period can be used under (vi)(B) of the former family farm partnership definition
29 June 2006 External T.I. 2006-0169231E5 F - Revenu de location Income Tax Act - Section 9 - Timing rents levelled under GAAP were required under s 9 to be recognized as the amounts became receivable
21 February 2006 Internal T.I. 2006-0169341I7 F - Montants reçus sous le programme "Devenir" Income Tax Act - Section 56 - Subsection 56(1) - Paragraph 56(1)(u) amounts received by those in need as supplementary amounts to cover additional guidance costs, including reimbursement of transportation costs, were social assistance
27 June 2006 Internal T.I. 2006-0180031I7 F - Contrat de rente différée - avantage imposable Income Tax Act - Section 15 - Subsection 15(1) no conferral of benefit where shareholder is the annuitant of a policy acquired and owned by corporation
29 June 2006 Internal T.I. 2006-0190791I7 F - Dépense d'intérêts - obligation légale Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) Mid-West did not permit generation of retroactive interest deduction
2006-06-23 25 April 2006 External T.I. 2005-0154931E5 F - Action - société agricole familiale Income Tax Act - Section 70 - Subsection 70(10) - Share of the Capital Stock of a Family Farm or Fishing Corporation - Paragraph (a) activities of a farm partnership are attributed to those of its two corporate partners for purposes of the test
21 June 2006 External T.I. 2006-0170311E5 F - Revenu d'une SEC - Indien inscrit Other Legislation/Constitution - Federal - Indian Act - Section 87 location of business activities and customers most relevant to situs of business income from partnership with status Indian partners except where the partnership has an investing business
12 June 2006 Internal T.I. 2006-0186041I7 F - Résidence des membres du clergé Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(c) Roman Catholic pastoral care worker did not qualify as he could not perform most sacraments
2006-06-09 27 November 2003 Internal T.I. 2002-0180587 F - Mauvaise créance et taxes de vente Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(p) - Subparagraph 20(1)(p)(i) no bad debt deduction for write off of GST/QST
Excise Tax Act - Section 224 remittance of tax by supplier results in subrogation of the Crown’s claim for the tax
Income Tax Act - Section 248 - Subsection 248(16) bad debt credit is not an ITC
29 May 2006 Internal T.I. 2006-0171931I7 F - Medical expense tax credit - XXXXXXXXXX Income Tax Act - Section 118.1 - Subsection 118.1(1) - Total Charitable Gifts “donation” to medical clinic which treated taxpayer’s son did not qualify as a charitable gift
Income Tax Act - Section 118.2 - Subsection 118.2(2) - Paragraph 118.2(2)(a) “donation” to clinic recharacterized as an eligible medical expense
2 June 2006 External T.I. 2006-0174671E5 F - Frais de repas et de logement Income Tax Act - Section 8 - Subsection 8(1) - Paragraph 8(1)(g) transporting of waste was not the employer’s principal business
30 May 2006 Internal T.I. 2006-0175401I7 F - Assurance-vie donnée en garantie Income Tax Act - Section 15 - Subsection 15(1) shareholder benefit where corporate universal life policy is pledged for shareholder loan, with loan plus accumulated interest repaid with cash surrender value of policy on the shareholder’s death
Income Tax Act - Section 148 - Subsection 148(9) - Proceeds of the Disposition - Paragraph (b) use of policy to secure shareholder loan is not a policy loan
2006-06-02 29 May 2006 External T.I. 2005-0131701E5 F - Durée de l'exercice d'une société Income Tax Act - Section 249.1 - Subsection 249.1(3) s. 249(3) did not preclude a 53 week fiscal period covering 3 calendar years
3 May 2006 Internal T.I. 2005-0133341I7 F - Cours normal des activités de l'entreprise Income Tax Act - Section 112 - Subsection 112(2.1) s. 112(1) applies to dividends received through partnership/whether venture capital firm received such dividends in ordinary course turned on similarity of this with its other investments
16 May 2006 External T.I. 2005-0155251E5 F - Dépenses de vêtements - travailleur indépendant Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(h) CCA cannot be claimed for suits of business person
18 May 2006 Internal T.I. 2005-0162821I7 F - Imposition - article 1619 du Code civil Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(c) additional indemnity awarded under CCQ Art. 1619, computed by applying an interest rate to damages award, was interest
29 May 2006 External T.I. 2006-0167031E5 F - Location automobile Income Tax Act - Section 6 - Subsection 6(2) - Element E deposit that is unconditionally refundable at conclusion of the car lease does not affect the standby charge

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