We have published 11 more translations of CRA interpretations

29 November 2021 - 11:22pm
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We have published a translation of a CRA ruling released last week and a further 10 translations of CRA interpretation released in May and April, 2006. Their descriptors and links appear below.

These are additions to our set of 1,828 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 15 2/3 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 December.

Bundle Date Translated severed letter Summaries under Summary descriptor
2021-11-24 2020 Ruling 2020-0840631R3 F - Purpose Test in Subsection 55(2) Income Tax Act - Section 55 - Subsection 55(2.1) - Paragraph 55(2.1)(b) no application of s. 55(2) because ss. 88(2)(b) and 84(2) dividends did not significantly reduce capital gains
Income Tax Act - Section 88 - Subsection 88(2) - Paragraph 88(2)(b) deemed ss. 88(2)(b) and 84(2) dividends on winding-up into three Holdcos
2006-05-19 4 May 2006 Internal T.I. 2006-0183801I7 F - 152(3.1) Normal Reassessment Period Determination Income Tax Act - Section 152 - Subsection 152(3.1) normal reassessment period excludes the day of initial assessment
Statutory Interpretation - Interpretation Act - Section 27 - Subsection 27(4) Brunette followed re computing normal reassessment period
2006-05-12 6 April 2006 Internal T.I. 2005-0157361I7 F - Pension alimentaire Income Tax Act - Section 60 - Paragraph 60(b) normal rules not changed where non-resident recipient
24 April 2006 External T.I. 2006-0166041E5 F - Transfert de biens entre époux séparés Income Tax Act - Section 40 - Subsection 40(4) s. 40(4) feeds principal residence claim of spouse after she acquires the co-ownership interest of her separated husband for $1
Income Tax Act - Section 74.5 - Subsection 74.5(3) separation judgment unnecessary for s. 74.5(3) election to avoid attribution
7 April 2006 External T.I. 2005-0132981E5 F - Avantages imposables à des employés Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) measuring 3 hours of overtime to justify meal allowance
Income Tax Act - Section 20 - Subsection 20(10) meaning of convention
7 April 2006 External T.I. 2005-0152801E5 F - Remboursement de frais de scolarité Income Tax Act - Section 15 - Subsection 15(1) paying costs for its sole shareholder to get an MBA was not a taxable benefit
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Know-How and Training bearing costs for its sole shareholder to get an MBA was a capital expenditure
2006-04-28 6 April 2006 External T.I. 2005-0157461E5 F - Frais de déplacement - actionnaire Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(h) expenses of corporate investor to attend shareholders’ meeting were non-deductible
26 April 2006 External T.I. 2005-0163341E5 F - Frais de séjour, allocations de repas Income Tax Act - Section 6 - Subsection 6(6) - Paragraph 6(6)(a) - Subparagraph 6(6)(a)(i) duties could be temporary where a single non-renewable contract for 3 years
2006-04-21 22 March 2006 External T.I. 2006-0168491E5 F - Vente de compte-clients et d'achalandage Income Tax Act - Section 22 - Subsection 22(1) capital loss treatment if a s. 22 election is not made
11 April 2006 Internal T.I. 2006-0169571I7 F - Provision pour recours collectif Income Tax Regulations - Regulation 1408 - Subsection 1408(1) - Claims Liability - Paragraph (a) reserve could be set up for class action suit
2006-04-07 22 March 2006 External T.I. 2005-0131231E5 F - Perte et avantage au titre du logement Income Tax Act - Section 6 - Subsection 6(21) “at any time” is intended to accord flexibility as to when the housing loss is computed