We have translated 10 more CRA interpretations

16 August 2021 - 10:44pm
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We have published a further 10 translations of CRA interpretation released in May and April, 2007. Their descriptors and links appear below.

These are additions to our set of 1,672 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 1/3 years of releases of such items 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
2007-05-25 23 May 2007 External T.I. 2006-0215721E5 F - Application de l'alinéa 40(2)b) Income Tax Act - Section 40 - Subsection 40(2) - Paragraph 40(2)(b) on sale of land and second building, taxpayer can include the years of occupation of predecessor building that he demolished
2007-05-18 11 May 2007 External T.I. 2005-0156891E5 F - Déductibilité des intérêts - retour de capital Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) return of share capital or partnership contribution eliminated interest deductibility on loan to fund share subscription or partnership capital contribution
11 May 2007 External T.I. 2006-0191681E5 F - Déductibilité des intérêts - retour de capital Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) no interest deductibility where share subscription using bank loan is immediately followed by stated capital distribution in same amount to pay off personal mortgage
7 May 2007 Internal T.I. 2007-0228521I7 F - Allocation pour frais de déplacement Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) - Subparagraph 6(1)(b)(x) daily minimum for kilometerage allowance was acceptable as it was nominal and intended to compensate for expenses
2007-05-11 30 April 2007 External T.I. 2007-0230441E5 F - Crédit d'impôt pour condition physique des enfants Income Tax Act - Section 118.03 - Subsection 118.03(1) - Eligible Fitness Expense determination as to whether the program qualifies should be made by sponsor
2007-04-27 17 April 2007 External T.I. 2007-0230381E5 F - Option d'achat de biens immeubles Income Tax Act - Section 49 - Subsection 49(1) - Paragraph 49(1)(a) allocation of option proceeds between principal residence and business asset to be allocated based on the reasonable value attributed to each type of property
2007-04-20 12 April 2007 External T.I. 2007-0220561E5 F - Crédit pour études - stages de formation pratique Income Tax Act - Section 118.6 - Subsection 118.6(1) - Qualifying Educational Program paid internships are not necessarily disqualifying
2007-04-06 20 March 2007 External T.I. 2006-0173711E5 F - Paiement des impôts d'une fiducie Income Tax Act - 101-110 - Section 105 - Subsection 105(1) s. 105(1) does not apply where trustee pays trust taxes
Income Tax Act - Section 246 - Subsection 246(1) s. 246(1) does not apply where trustee pays trust taxes
Income Tax Act - Section 74.1 - Subsection 74.1(2) attribution may apply where father pays income tax liability of trust for his children
27 March 2007 External T.I. 2006-0217511E5 F - Régime d'assurance collective Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) - Subparagraph 6(1)(a)(i) payment by employer of all rather than half the premiums for a group insurance plan would not oust the exclusion
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(f) CRA will not accept a retroactive change to a plan’s tax status
27 March 2007 External T.I. 2007-0226801E5 F - Orphelin(e)s de Duplessis Income Tax Act - Section 3 - Paragraph 3(a) compensation to Duplessis orphans was non-taxable