Our translations of CRA Interpretations go back over 14 years

26 July 2021 - 10:53pm
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We have published a further 10 translations of CRA interpretation released in July, 2007. Their descriptors and links appear below.

These are additions to our set of 1,642 full-text translations of French-language Technical Interpretation and Roundtable items (plus some ruling letters) of the Income Tax Rulings Directorate, which covers all of the last 14 years of releases of such items by the Directorate. These translations are subject to the usual (3 working weeks per month) paywall. Next week is the “open” week for August.

Bundle Date Translated severed letter Summaries under Summary descriptor
2007-07-20 11 July 2007 External T.I. 2006-0206391E5 F - Choix du paragraphe 70(6.2) - société de personnes Income Tax Act - Section 248 - Subsection 248(1) - Property each share, unlike a partnership unit, is a distinct property
Income Tax Act - Section 70 - Subsection 70(6.2) s. 70(6.2) election not available for part of a partnership interest, whereas it is made for particular shares
12 July 2007 Internal T.I. 2007-0240681I7 F - Indiens - Cotisations à un RPA Income Tax Act - Section 147.2 - Subsection 147.2(4) - Paragraph 147.2(4)(a) s. 8(1)(m) deduction prorated based on percentage of work performed on the reserve
10 July 2007 External T.I. 2006-0177881E5 F - Allégement transitoire Income Tax Act - Section 112 - Subsection 112(3) transitional relief not lost on s. 85(1) exchange
11 July 2007 External T.I. 2006-0192101E5 F - Disposition d'actions par un non-résident Income Tax Act - Section 212.1 - Subsection 212.1(1) relief under the 1998 federal budget was not implemented – deemed dividend where NR individual effects pipeline transaction
2007-07-13 9 July 2007 External T.I. 2006-0200791E5 F - Actions sous entiercement Income Tax Act - Section 248 - Subsection 248(1) - Small Business Corporation shares of public-company franchisor could be used in the franchisee’s business if required to be held by it
4 July 2007 Internal T.I. 2007-0237631I7 F - Frais de repas - Secteur du taxi Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(h) ss. 18(1)(h) and (a) less restrictive than s. 8(4) but does not permit deduction of self-employed tax driver’s lunch expenses
4 July 2007 Internal T.I. 2007-0238391I7 F - Crédit pour stage en milieu de travail Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(x) Quebec job tax credit included under s. 12(1)(x) if not a wage expense reduction
Income Tax Act - Section 12 - Subsection 12(2.1) inclusion under s. 12(2.1) where Quebec job credit received by partnership members
2007-07-06 14 June 2007 Internal T.I. 2007-0229311I7 F - Capital Dividend Account Income Tax Act - Section 89 - Subsection 89(1) - Capital Dividend Account - Paragraph (b) recording of dividend payable and dividend receivable between sub and parent was insufficient to constitute the payment of a capital dividend, so that there was no CDA addition
General Concepts - Payment & Receipt making accounting entries does not constitute payment of a dividend
Income Tax Act - Section 184 - Subsection 184(3) invalid payment of capital dividend (because no payment) was subject to Pt. III tax (given valid s. 83(2) election) for which no s. 184(3) election could be made as no payment
General Concepts - Effective Date a declared dividend cannot be revoked
3 July 2007 External T.I. 2007-0236551E5 F - Crédit d'impôt pour études Income Tax Act - Section 118.6 - Subsection 118.6(1) - Qualifying Student post-doctoral fellow is not a student
30 May 2007 External T.I. 2006-0183851E5 F - Paragraphs 83(2) and 84.1(1) Income Tax Act - Section 83 - Subsection 83(2) s. 83(2) election can be made on a s. 84.1 deemed dividend
Income Tax Act - Section 84.1 - Subsection 84.1(1) - Paragraph 84.1(1)(b) s. 84.1(1) dividend is payable per s. 84(7) so that s. 83(2) election available