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Old website (cra-arc.gc.ca)

Appendix A – Data elements – TFSA individual electronic record

For reporting year 2016, file the individual record under John's name and SIN for TFSA contract 12345, and indicate " N " for no in the " Successor holder account " field. ... Total holder transfer in Marriage breakdown Fair market value Enter the total of all transfers in. Report type code Original = O Amendment = A Cancel = C An amended return cannot contain an original slip. ...
Decision summary

Canada (Attorney-General) v. Brogan Family Trust, 2014 ONSC 6354 -- summary under Rectification & Rescission

Brogan Family Trust, 2014 ONSC 6354-- summary under Rectification & Rescission Summary Under Tax Topics- General Concepts- Rectification & Rescission no obligation to notify Crown if tax liability which was relieved has not been assessed The respondent family trust obtained a rectification order, to permit trust distributions to minor grandchildren beneficiaries, on 26 November 2010, which was shortly after a sale of a business by the trust. ... In dismissing this motion, Ray J stated (at para. 13): I am not persuaded that… CCRA [sic] was affected by the order of McLean, J. [After citing Canada v. ... Richter & Associates, [2000] OJ No. 2073 (Ont SC) aff'd [2001] OJ No. 1087 (Ont CA)]. ...
Current CRA website

Farming Income and the AgriStability and AgriInvest Programs Guide – Chapter 5 – Farm losses

Farming Income and the AgriStability and AgriInvest Programs Guide Chapter 5 Farm losses On this page… Fully deductible farm losses Restricted farm losses (partly deductible) Non-deductible farm losses Non-capital losses When your farming business expenses are more than your farming business income in a year, you have a net loss. However, before you can calculate your net farm loss for the year, you may have to increase or decrease the loss by certain adjustments explained in Line 9941 Optional inventory adjustment current year and Line 9942 Mandatory inventory adjustment current year. ... The part of Sharon's net farm loss that she can deduct from her other income in 2024 is either amount A or amount B, whichever is less: $9,200 $2,500 plus 50% × ($9,200 $2,500) $2,500 plus 50% × $6,700 Therefore, B = ($2,500 + $3,350) = $5,850. ...
TCC (summary)

Mold Leaders Inc. v. The King, 2023 TCC 127 -- summary under Scientific Research & Experimental Development

The King, 2023 TCC 127-- summary under Scientific Research & Experimental Development Summary Under Tax Topics- Income Tax Act- Section 248- Subsection 248(1)- Scientific Research & Experimental Development challenging engineering involving standard procedures was not SR&ED The taxpayer (ML), carried on a business of the custom designing and making of injection molding including for the automotive industry. ... [His] …answers did not reveal or identify technological uncertainties being addressed in a scientific manner. ML’s favoured approach was to basically try various options, anticipating that one likely would work. For me that is indicative of routine engineering or standard procedures. ...
GST/HST Ruling

21 January 2021 GST/HST Ruling 206102 - – [Supplies made by a Charity] […]

[Y] is not a public institution and meets the definition of charity found in subsection 123(1) of the Excise Tax Act. 10. […][Program A] is offered [by X] at [the Venue] an average of […] times per year […], each with a duration of […] days. 11. ... The invoices [issued by Y to X] provide the following breakdown per element: Single room occupancy (# of rooms x # of nights x rate) Double room occupancy (# of rooms x # of nights x rate) Breakfast (catered) (# of participants x rate x number of days) Lunch (catered) (# of participants x rate x number of days) Dinner (catered) (# of participants x rate x number of days) Catered boxed lunch (for off-site excursions) (# of participants x rate) […][Transportation] […] (charged by the hour) […][Activity A] (reserved afternoon seating @ $[…] per person) 16. […] was used for transporting participants to off-site locations […]. 17. ... Both time slots offer […][the same beverage, snack and entertainment]. […] [Time slot 2] also includes a copy of a book […]. 18. ...
T_Rev_B decision

Allied Vegetable Farms (Kingsville) Ltd, Edward Remark & Sons LTD and Frank Remark & Son LTD v. Minister of National Revenue, [1972] CTC 2264, 72 DTC 1230

Allied Vegetable Farms (Kingsville) Ltd, Edward Remark & Sons LTD and Frank Remark & Son LTD v. ...
Scraped CRA Website

EDN29 – Tobacco Stamping Regime – Excise Stamp Order Process

EDN29 Tobacco Stamping Regime Excise Stamp Order Process March 2011 The information in this notice does not replace the law found in the Excise Act, 2001 and its regulations and is provided for your reference and convenience only. ... The stamps are available in the following denominations: Cigarettes 20 units Cigarettes 25 units Cigarettes 200 units Tobacco 50 grams Tobacco 100 grams Tobacco 150 grams Tobacco 200 grams Tobacco 250 grams Tobacco 400 grams Cigars Raw leaf Note: Tobacco sticks will also require the above cigarette stamp denominations. ... In accordance with the publicly awarded contract to design, manufacture and distribute the excise stamp, the firm unit price of the excise stamp is as follows: September 1, 2010 to March 31, 2014 $0.00592 April 1, 2014 to March 31, 2015 $0.00622 April 1, 2015 to March 31, 2016 $0.00641 April 1, 2016 to March 31, 2017 $0.00660 April 1, 2017 to March 31, 2018 $0.00680 All technical publications related to the Excise Act, 2001 and regulations are available on the CRA Web site at www.cra.gc.ca/exciseduty, under the title "Excise Act, 2001 Technical Information". ...
Conference

16 June 2014 STEP Roundtable, 2014-0526591C6 - STEP CRA Roundtable – June 2014 – Question 9

16 June 2014 STEP Roundtable, 2014-0526591C6- STEP CRA Roundtable – June 2014 – Question 9 CRA Tags 156 Principal Issues: Whether the CRA will continue with its practice of not assessing interest and penalties where an inter vivos trust does not make instalment payments as required under section 156. ... STEP CRA Roundtable – June 2014 QUESTION 9. Interest and Penalties on Deficient Instalments of Inter Vivos Trusts In response to question 20 at the 2010 STEP Canada National Conference, the CRA noted that under the current administrative policy, the CRA does not assess installment interest and penalties where an inter vivos trust does not make installment payments required under section 156. ...
Miscellaneous severed letter

6 August 1980 Income Tax Severed Letter RRRR15 - Foreign affiliates — paragraph 95(1)(b) — foreign accrual property income LA 5600-1

6 August 1980 Income Tax Severed Letter RRRR15- Foreign affiliates paragraph 95(1)(b) foreign accrual property income LA 5600-1 Unedited CRA Tags 95(1)(b), 91(1) This is in response to your enquiry of July 22, 1980 concerning the amount that is to be used as the capital cost, when claiming capital cost allowance on property that was owned prior to 1972, in calculating foreign accrual property income as defined in paragraph 95(1)(b) of the Income Tax Act for purposes of subsection 91(1) of the Act. ...
Miscellaneous severed letter

6 August 1980 Income Tax Severed Letter RRRR16 - Foreign affiliates — paragraph 95(1)(b) — foreign accrual property income LA 5600-1

6 August 1980 Income Tax Severed Letter RRRR16- Foreign affiliates paragraph 95(1)(b) foreign accrual property income LA 5600-1 Unedited CRA Tags 95(1)(b), 91(1) This is in response to your enquiry of July 22, 1980 concerning the amount that is to be used as the capital cost, when claiming capital cost allowance on property that was owned prior to 1972, in calculating foreign accrual property income as defined in paragraph 95(1)(b) of the Income Tax Act for purposes of subsection 91(1) of the Act. ...

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