Six further full-text translations of CRA technical interpretations are available

12 December 2017 - 12:13am
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The table below provides descriptors and links for six French technical interpretations released last week and in April 2014, as fully translated by us.

These (and the other full-text translations covering the last 3 ½ years of CRA releases) are subject to the usual (3 working weeks per month) paywall.

Bundle Date Translated severed letter Summaries under Summary descriptor
2017-12-06 23 October 2017 External T.I. 2017-0685001E5 F - Withdrawal of RRSP over-contributions after death Income Tax Act - Section 146 - Subsection 146(8.2) the deemed s. 146(8.8) RRSP benefit on death can be treated as a withdrawal of an excess RRSP contribution
3 November 2017 External T.I. 2017-0712141E5 F - Borrowing to make interest-free loans Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) interest on shareholders’ borrowings to fund an interest-free corporate loan may be deductible even if the proportionate-to-shares test is not met
2014-04-16 11 October 2013 Roundtable, 2013-0499671C6 F - Actif d'impôts futurs / Future income tax assets Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1) - Qualified Small Business Corporation Share - Paragraph (c) - Subparagraph (c)(i) future income tax asset is not an asset/tax receivable can be used in an active business
Income Tax Act - Section 248 - Subsection 248(1) - Small Business Corporation future income tax asset is not an asset – tax receivable is, but is an active business asset if it arose from active business
14 February 2014 External T.I. 2012-0454481E5 F - Safe Income Income Tax Act - Section 34.2 - Subsection 34.2(11) transitional reserve deduction is in taxpayer's discretion
Income Tax Act - Section 55 - Subsection 55(2.1) - Paragraph 55(2.1)(c) not claiming s. 34.2(11) transitional reserve to increase SIOH
Income Tax Act - Section 55 - Subsection 55(5) - Paragraph 55(5)(c) no departures permitted from s. 34.2 adjustments
2014-04-09 26 February 2014 External T.I. 2013-0510921E5 F - Remboursement de frais médicaux à un employé Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose no need to demonstrate income production
3 March 2014 External T.I. 2014-0518791E5 F - Réinstallation admissible Income Tax Act - Section 248 - Subsection 248(1) - Eligible Relocation 40-kilometre test is met if it is met going home from work but not to work