Seven further full-text translations of CRA interpretations are available

10 April 2018 - 1:14am
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The table below provides descriptors and links for a French Technical Interpretation released last week and six Technical Interpretations released in November and October of 2013, as fully translated by us.

These (and the other full-text translations covering the last 4 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
2018-04-04 20 February 2018 External T.I. 2017-0727811E5 F - Synthetic disposition Income Tax Act - Section 248 - Subsection 248(1) - Synthetic disposition arrangement an arrangement which eliminates all risk of loss nonetheless “appears” not to be a synthetic disposition arrangement if there is 20% profits participation
Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1) - Qualified Small Business Corporation Share disposition could be deferred to end of 24 month period if deferred-closing agreement was not a synthetic disposition agreement
2013-11-06 30 September 2013 External T.I. 2013-0505151E5 F - Biens de remplacement Income Tax Act - Section 44 - Subsection 44(5) - Paragraph 44(5)(b) rollover unavailable where replacement property leased for use in a different business of Opco lessee
26 September 2013 External T.I. 2013-0497101E5 F - Avantage imposable consenti par un actionnaire Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) gift made by shareholder-manager to corporate employee “not received … on a purely personal basis”
19 September 2013 External T.I. 2013-0498331E5 F - Catégories 29 et 50 Income Tax Regulations - Schedules - Schedule II - Class 50 post-February 2011 computer equipment includible in Class 50
7 October 2013 Internal T.I. 2013-0504081I7 F - Interaction between 55(2) and 40(1)(a)(iii) Income Tax Act - Section 40 - Subsection 40(1) - Paragraph 40(1)(a) - Subparagraph 40(1)(a)(iii) reserve available for s. 55(2) gain on purchase for cancellation of shares where redemption proceeds payable on an earnout basis
Income Tax Act - Section 55 - Subsection 55(2) s. 40(1)(a)(iii) reserve available where redemption proceeds payable on earnout basis
General Concepts - Payment & Receipt distinction between promissory note as conditional or absolute payment
2013-10-30 25 September 2013 External T.I. 2013-0485751E5 F - Rescinding 45(2) election by a non-resident Income Tax Act - Section 45 - Subsection 45(2) deemed dispositin on 1st day of revocation year triggers s. 116(3) filing
Income Tax Act - Section 116 - Subsection 116(3) s. 116(3) filing requirement counted from date of deemed disposition under s. 45(2)
25 September 2013 External T.I. 2013-0497011E5 F - OETC - Qualifying period Income Tax Act - Section 122.3 - Subsection 122.3(1) related preparatory and sick leave periods can be included in qualifying period computation