We have translated 6 more CRA interpretations
17 April 2023 - 11:22pm
Email this ContentWe have published a further 6 translations of CRA interpretations released in July of 2003. Their descriptors and links appear below.
These are additions to our set of 2,438 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 19 ¾ years of releases of such items by the Directorate. These translations are subject to our paywall (applicable after the 5th of each month).
| Bundle Date | Translated severed letter | Summaries under | Summary descriptor |
|---|---|---|---|
| 2003-07-11 | 13 June 2003 External T.I. 2002-0156435 F - ASSURANCE DE MALADIES REDOUTEES
Also released under document number 2002-01564350.
|
Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) - Subparagraph 6(1)(a)(i) | taxable benefit from critical illness coverage if it is incidental to life insurance coverage |
| Income Tax Act - Section 248 - Subsection 248(1) - Group Term Life Insurance Policy | group life insurance policy that includes critical illness coverage is not a "group term life insurance policy" | ||
| Income Tax Act - Section 148 - Subsection 148(9) - Disposition - Paragraph (e) | critical illness benefit paid under a life insurance policy is proceeds of disposition | ||
| 27 June 2003 External T.I. 2003-0019095 F - RACHAT DE SERVICES PASSES
Also released under document number 2003-00190950.
|
Income Tax Act - Section 147.2 - Subsection 147.2(4) - Paragraph 147.2(4)(c) | overview of ss. 147.2(4)(b) and (c) | |
| 25 June 2003 External T.I. 2003-0024465 F - PARTIE XI.1 BIENS NON-ADMISSIBLES
Also released under document number 2003-00244650.
|
Income Tax Act - Section 207.1 - Subsection 207.1(1) | no discretion in CCRA to waive the tax under s. 207.1 | |
| 2003-07-08 | 7 July 2003 External T.I. 2001-0091415 F - Income & Losses from Bus. or Prop. Sec. 9 ITA
Also released under document number 2001-00914150.
|
Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(a) | prepaid crypt fees of funeral home were includible under s. 12(1)(a) |
| Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(m) | prepaid crypt fees of funeral home were ineligible for s. 20(1)(m) reserve | ||
| 26 June 2003 External T.I. 2003-0021595 F - Distribution of Corporate Property
Also released under document number 2003-00215950.
|
Income Tax Act - 101-110 - Section 107 - Subsection 107(2.1) | illustration of application, by virtue of s. 107(2.001) election, of s. 107(2.1) to distribution of CCPC shares | |
| Income Tax Act - Section 84 - Subsection 84(2) | s. 84(2) inapplicable to s. 107(2.1) wind-up of trust holding a Portfolioco followed by an inter vivos pipeline transaction re Portfolioco | ||
| Income Tax Act - Section 55 - Subsection 55(1) - Safe-Income Determination Time | s. 107(2.1) wind-up of trust holding a Portfolioco would trigger a safe-income determination time if with a view to an inter vivos pipeline transaction with a s. 88(2) wind-up of Portfolioco | ||
| 16 July 2003 Internal T.I. 2003-0024617 F - DEDUCTIBILITE DES COTISATIONS CSST
Also released under document number 2003-00246170.
|
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(e) | estimated workers’ compensation premium liabilities were currently deductible |