We have translated 7 more CRA Interpretations
15 February 2021 - 11:24pm
We have published a translation of a CRA interpretation released last week, and a further 6 translations of CRA interpretation released in April and March, 2009. Their descriptors and links appear below.
These are additions to our set of 1,392 full-text translations of French-language Roundtable items and Technical Interpretations of the Income Tax Rulings Directorate, which covers all of the last 11 3/4 years of releases of Interpretations by the Directorate. These translations are subject to the usual (3 working weeks per month) paywall.
Bundle Date | Translated severed letter | Summaries under | Summary descriptor |
---|---|---|---|
2021-02-10 | 29 September 2020 External T.I. 2018-0757501E5 F - Crédit pour intérêts sur les prêts étudiants | Income Tax Act - Section 118.62 | capitalization of interest on a novation would constitute its payment – but novated loan would be a new non-student loan |
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(d) | capitalization of unpaid interest by way of novation constituted its payment | ||
General Concepts - Payment & Receipt | capitalization of interest on a novation under Quebec law would constitute its payment | ||
2009-04-10 | 27 March 2009 Internal T.I. 2009-0308111I7 F - Crédit d'impôt pour enfant | Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b.1) | s. 118(9.1) applies to death of dependant child, but not to parent |
2009-04-03 | 23 March 2009 External T.I. 2008-0293131E5 F - Prestations reçues par une succession | Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(f) | amounts received by estate in settlement of deceased’s action for unpaid employment-termination disability were taxable |
Income Tax Act - Section 70 - Subsection 70(2) | amounts received by estate in settlement of deceased’s action for unpaid disability were rights and things | ||
Income Tax Act - Section 248 - Subsection 248(1) - Death Benefit | survivor benefit in settlement of rights under a wage loss replacement plan could be a death benefit | ||
2009-03-27 | 19 March 2009 Internal T.I. 2009-0306971I7 F - 6801(d): Traitement fiscal pour l'employé | Income Tax Regulations - Regulation 6801 - Paragraph 6801(d) | DSU cash-out amount is employment income |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) | appreciation in DSUs is not a capital gain | ||
18 March 2009 External T.I. 2009-0309211E5 F - Crédits d'impôt personnels | Income Tax Act - Section 118.92 | ordering of tuition, then medical expense, then student loan credits | |
Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(d) | satisfaction of clothing needs of institutionalized adult child would be sufficient to engage the credit | ||
Income Tax Act - Section 118 - Subsection 118(1) - Paragraph 118(1)(b) | parent separated for part of year could claim the wholly dependent person credit only if he did not deduct support | ||
5 March 2009 External T.I. 2008-0279241E5 F - Prestation consécutive au décès | Income Tax Act - Section 248 - Subsection 248(1) - Death Benefit | benefit paid on union member’s death could not be a death benefit (no employer-employee relationship | |
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(j) | amount paid to union member could be treated as a refund of union dues with the balance taxable under s. 6(1)(j) | ||
Income Tax Act - Section 70 - Subsection 70(2) | lump sum paid to a union member on death could be in satisfaction of a right or thing | ||
2009-03-20 | 11 March 2009 External T.I. 2009-0306601E5 F - Remboursement de cotisations syndicales | Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(j) | amounts received from a union that are not a reimbursement of union dues generally are exempt |
Income Tax Act - Section 3 - Paragraph 3(a) | Fries applied re exempt distributions from a union |