We have translated 8 more CRA interpretations

19 February 2024 - 10:45pm
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We have translated 2 CRA interpetations released last week and a 6 further CRA interpretations released during April of 2002. Their descriptors and links appear below.

These are additions to our set of 2,756 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 21 3/4 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
2024-02-14 26 June 2020 External T.I. 2017-0688121E5 F - Déductibilité des intérêts et pénalités imposées sur les taxes foncières Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose interest on municipal taxes incurred as a business expense is deductible
Income Tax Act - Section 67.6 tardiness “penalty” added by municipality to unpaid property taxes came within s. 67.6
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Financing Expenditures interest paid on property taxes incurred as a business expense is itself deductible
29 November 2023 External T.I. 2019-0812661E5 F - Allocation pour usage d’un véhicule à moteur Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(b) - Subparagraph 6(1)(b)(x) a carpooling arrangement is inherently unreasonable under s. 6(1)(b)(x)
2002-04-12 21 February 2002 External T.I. 2001-0105715 F - Choix prévu à 107(2.11) Income Tax Act - 101-110 - Section 107 - Subsection 107(2.11) election applies to all s. 107(2.1) distributions
21 February 2002 External T.I. 2001-0105725 F - Modification à 107(2.1) Income Tax Act - 101-110 - Section 107 - Subsection 107(2.1) s. 107(2.1) distribution can trigger capital loss to trust or beneficiary
21 February 2002 External T.I. 2001-0105735 F - Intérêts sur remboursement - gains en capital Income Tax Act - Section 132 - Subsection 132(2) MFT obligation to pay tax, if unpaid, will be reduced by application of capital gains refund
Income Tax Act - Section 132 - Subsection 132(2.1) MFT incurs interest charges if it waits for its capital gains refund to be applied to its Pt. I tax
27 February 2002 External T.I. 2001-0109675 F - Période admissible et vacance Income Tax Act - Section 122.3 - Subsection 122.3(1) period of employment abroad does not include vacation days that could have been taken abroad, but were not
18 March 2002 External T.I. 2002-0120065 F - Avoir fiscal français - 20(11) Income Tax Act - Section 90 - Subsection 90(1) French avoir fiscal did not reduce the dividend from a French company required to be included in the resident individual shareholder’s income
Treaties - Income Tax Conventions - Article 10 subsequent refund to Canadian shareholder of French avoir fiscal treated as a dividend payment for dividend withholding purposes
2 May 2002 Internal T.I. 2002-0122607 F - BIENS A USAGE PERSONNEL Income Tax Regulations - Regulation 1102 - Regulation 1102(2) effective severance for ITA purposes of land and building by Reg. 1102(2) does not apply to personal-use property
Income Tax Act - Section 248 - Subsection 248(1) - Property where Reg. 1102(2) does not apply, land and building are a single property generating a single gain