Search - "Contribution of Property"
Results 51 - 60 of 111 for "Contribution of Property"
Old website (cra-arc.gc.ca)
Gifting arrangements
Gifting arrangements Generally, a gifting arrangement is any arrangement under which it may reasonably be considered, based on statements or representations made or proposed to be made in connection with the arrangement, that a person entering into the arrangement would: make a gift to a qualified donee, or make a political contribution, of property acquired by the person under the arrangement; or incur a limited-recourse debt that can reasonably be considered to relate to a gift to a qualified donee or a political contribution. ...
Current CRA website
Gifting arrangements
Gifting arrangements Generally, a gifting arrangement is any arrangement under which it may reasonably be considered, based on statements or representations made or proposed to be made in connection with the arrangement, which a person entering into the arrangement would: make a gift to a qualified donee, or make a political contribution, of property acquired by the person under the arrangement incur a limited-recourse debt that can reasonably be considered to relate to a gift to a qualified donee or a political contribution A political contribution refers to a monetary contribution to a registered party, a registered association, or a candidate as defined in the Canada Elections Act. ...
Technical Interpretation - External
29 November 1993 External T.I. 9319185 F - Compensation Received By Testamentary Trust
A contribution of property to a trust generally implies that the trust receives the property without any value being given to the contributor. ...
Technical Interpretation - Internal
30 September 1997 Internal T.I. 9725666 - ACQUIRED PROPERTY FOR PURPOSE OF 94(1)
While with respect to the situation set out above it is arguable that the Canadian resident beneficiaries did not contribute property to the non-resident trust, subsection 94(1) does not require a contribution of property to the trust. ...
Technical Interpretation - External
3 October 1997 External T.I. 9719475 - ACQUIRED PROPERTY FOR PURPOSE OF 94(1)
While with respect to the situation set out above it is arguable that the Canadian resident beneficiaries did not contribute property to the non-resident trust, subsection 94(1) does not require a contribution of property to the trust. ...
Technical Interpretation - External
23 January 2002 External T.I. 2001-0099055 - Joint Spousal Trust
If a trust was created by the contribution of property thereto jointly by an individual and the individual's spouse and no other person, the trust would be considered to be created by both individuals for purposes of subsection 73(1.01). ...
Ruling
8 February 1990 Ruling 59281 F - Transfers or Loans to a Testamentary Trust
Further, you are of the view that income left in a trust as an amount payable does not constitute an additional contribution of property to the trust for purposes of the definition of "testamentary trust" in paragraph 108(1)(i) of the Act. ...
Miscellaneous severed letter
8 February 1990 Income Tax Severed Letter AC59281 - Transfers or Loans to a Testamentary Trust
Further, you are of the view that income left in a trust as an amount payable does not constitute an additional contribution of property to the trust for purposes of the definition of "testamentary trust" in paragraph 108(1)(i) of the Act. ...
Miscellaneous severed letter
10 September 1998 Income Tax Severed Letter 9818408 - Expenses paid for registered charity
REASONS: Contribution of property voluntarily made. September 10, 1998 XXXXXXXXXX Dear XXXXXXXXXX: The Honourable Herb Dhaliwal, Minister of National Revenue, has asked me to reply to your letter to the Honourable Paul Martin, Minister of Finance, regarding the XXXXXXXXXX. ...
Technical Interpretation - External
7 November 2022 External T.I. 2022-0926091E5 - Transfer of UK DB pension benefits to a UK SIPP
7 November 2022 External T.I. 2022-0926091E5- Transfer of UK DB pension benefits to a UK SIPP Unedited CRA Tags 56(1)(a); 94(1) "contribution" Principal Issues: (1) In a described situation, whether the amount transferred from a UK DB pension plan to a UK SIPP has to be included in the member’s income under paragraph 56(1)(a) in the tax year of the transfer. (2) Whether the transfer constitutes a “contribution” of property (within the meaning of subsection 94(1)) by the member to the trust governed by the UK SIPP. ... In addition, you also asked for our views on whether the transfer would constitute a “contribution” of property (within the meaning of subsection 94(1)) by the member to the trust governed by the UK SIPP. ...