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Current CRA website
Completing an Excise Duty Return – Licensed User
Line D – Inventory adjustments (+ or −) For each column, enter the necessary inventory adjustment. ... Line D – Inventory adjustments (+ or −) Enter the necessary inventory adjustment. ...
Current CRA website
Completing an Excise Duty Return – Excise Warehouse Licensee
Line F – Inventory adjustments (+ or −) For each column, enter the necessary inventory adjustment. ...
Current CRA website
Box 13 – Foreign currency
Box 13 – Foreign currency You should report all amounts in Canadian currency, unless the transaction meets the requirements explained in Foreign currency reporting. ... If possible, use the alphabetic codes, as follows: USD – United States, dollar JPY – Japan, yen HKD – Hong Kong, dollar AUD – Australia, dollar NZD – New Zealand, dollar DKK – Denmark, krone GBP – United Kingdom, pound EUR – European Union, euro OTH – Other When you report amounts in foreign currency, keep the following rules in mind: print the name of the foreign currency on the T5008 slips (for example, U.S. DOLLARS) beside the Identification of securities text above the white box of Box 17 – Identification of securities for the recipient's benefit if you file your T5008 information return on paper and leave box 13 blank, we will process the amounts on the T5008 slips as Canadian dollars when completing the summary, you only have to enter one amount for total proceeds of disposition, whether or not you complete the T5008 slips in different currencies Report a problem or mistake on this page Thank you for your help! ...
Current CRA website
Box 27 – Foreign currency
Box 27 – Foreign currency Leave this area blank if you are reporting amounts in Canadian dollars. ... For example: AUD – Australia, dollar DKK – Denmark, krone EUR – European Union, euro GBP – United Kingdom, pound HKD – Hong Kong, dollar JPY – Japan, yen NZD – New Zealand, dollar USD – United States, dollar OTH – Other Note If you are filing electronically, you must use the alphabetic code. ...
Current CRA website
Readout: Advisory Committee on the Charitable Sector – August 25, 2022
Readout: Advisory Committee on the Charitable Sector – August 25, 2022 The Advisory Committee on the Charitable Sector (the Committee) met by videoconference on August 25, 2022. ... The Minister recognized the work accomplished thus far, provided positive feedback on the progress of the Committee, and thanked the departing committee members who will be completing their terms on August 31, 2022: Kevin McCort – President & CEO, Vancouver Foundation Arlene MacDonald – former Executive Director, Community Sector Council of Nova Scotia Andrea McManus – Chief Advancement Officer, Banff Centre for Arts & Creativity; and Co-Founder and Senior Counsel of ViTreo Group Peter Dinsdale – President & CEO, YMCA Canada The Minister also thanked the committee’s co-chairs, who will transition into their new roles, Past Co-chair and Transitional Co-chair, on September 1, 2022: Bruce MacDonald – President & CEO, Imagine Canada Hilary Pearson – former President, Philanthropic Foundation Canada The Deputy Commissioner acknowledged the importance of the Committee’s work and its critical role in bringing the voice of the sector to the CRA, particularly given the impact that the COVID-19 pandemic has had on the sector. ...
Current CRA website
Part XX Information Return – Reporting Rules for Digital Platform Operators
</TIN> <Name></Name> Legal Name of Entity- Required, maximum 200 alphanumeric <Address> <legalAddressType></legalAddressType>-Maximum 7 alphanumeric-The possible values are: OECD301 = residential or business, OECD302 = residential, OECD303 = business, OECD304 = registered office, or OECD305 = unspecified Note: The address of the Reportable Platform Operator must represent the “Registered Office Address” if OECD304. ... The possible values are; OECD201 = SMF, Alias or Other OECD202 = Individual OECD203 = Alias OECD204 = Nickname OECD205 = AKA (Also Known As) OECD206 = DBA (Doing Business As) OECD207 = Legal Name OECD208 = Name at Birth <PrecedingTitle></PrecedingTitle>-Maximum 200 alphanumeric (Ex: Hon, Dr, Prof) <Title></Title>-Maximum 200 alphanumeric (Ex: Hon, Dr, Prof) <FirstName></FirstName>- Required, maximum 200 alphanumeric Note: In the event no complete first name is available, then NFN (No First Name) will be reported and applicable name information will be found in the subsequent "Last Name" field. ... -Based on the ISO code list 4217 (Ex: CAD, USD, EUR) </Taxes> <PropertyType></PropertyType> Type of property being rented for consideration-6 alphanumeric-The possible values are: DPI901 = Office DPI902 = Hotel room DPI903 = Bed & Breakfast room DPI904 = House DPI905 = Apartment DPI906 = Mobile home DPI907 = Campground DPI908 = Boat DPI909 = Parking space DPI910 = Other <OtherPropertyType></OtherPropertyType>-Maximum 200 alphanumeric-In the event “DPI910” is selected as Property Type, this field must provide a description of the property type. ...
Current CRA website
Part XX Information Return – Reporting Rules for Digital Platform Operators
</TIN> <Name></Name> Legal Name of Entity- Required, maximum 200 alphanumeric <Address> <legalAddressType></legalAddressType>-Maximum 7 alphanumeric-The possible values are: OECD301 = residential or business, OECD302 = residential, OECD303 = business, OECD304 = registered office, or OECD305 = unspecified Note: The address of the Reportable Platform Operator must represent the “Registered Office Address” if OECD304. ... The possible values are; OECD201 = SMF, Alias or Other OECD202 = Individual OECD203 = Alias OECD204 = Nickname OECD205 = AKA (Also Known As) OECD206 = DBA (Doing Business As) OECD207 = Legal Name OECD208 = Name at Birth <PrecedingTitle></PrecedingTitle>-Maximum 200 alphanumeric (Ex: Hon, Dr, Prof) <Title></Title>-Maximum 200 alphanumeric (Ex: Hon, Dr, Prof) <FirstName></FirstName>- Required, maximum 200 alphanumeric Note: In the event no complete first name is available, then NFN (No First Name) will be reported and applicable name information will be found in the subsequent "Last Name" field. ... -Based on the ISO code list 4217 (Ex: CAD, USD, EUR) </Taxes> <PropertyType></PropertyType> Type of property being rented for consideration-6 alphanumeric-The possible values are: DPI901 = Office DPI902 = Hotel room DPI903 = Bed & Breakfast room DPI904 = House DPI905 = Apartment DPI906 = Mobile home DPI907 = Campground DPI908 = Boat DPI909 = Parking space DPI910 = Other <OtherPropertyType></OtherPropertyType>-Maximum 200 alphanumeric-In the event “DPI910” is selected as Property Type, this field must provide a description of the property type. ...
Current CRA website
Chapter 10 - 8503(3) – Conditions Applicable to Benefits
Cross references: Multi-Employer Plan – 8500(1) Suspension or Cessation of Pension – 8503(8) Re-Employed Member – 8503(9) Statutory Plans – Special Rules – 8503(13) Phased Retirement – 8503(16) – (23) 10.3 8503(3)(c) – Early retirement Early retirement eligibility service This paragraph provides that LRBs under a DB provision can be paid without a reduction on account of early retirement if the LRBs commence on or after specified periods set out in this paragraph. ... Cross references: Totally and Permanently Disabled – 8500(1) Multi-Employer Plan – 8500(1) Early Retirement – 8503(3)(c) Undue Deferral of Payment – 8503(4)(d) Evidence of Disability – 8503(4)(e) & (f) Limits Dependent on CPI – 8503(12) Excluded Benefits – 8504(10) Excluded Benefits – 8504(11) Benefits Under Grandfathered Plan – Pre-1992 Disability – 8509(4.1) Condition Not Applicable to Grandfathered Plans – 8509(5)(a) Special Rules – MEP – 8510(5) 10.5 8503(3)(e) – Pre-1991 benefits Paragraph 8503(3)(e) of the Regulations allows the CRA to continue to apply a number of restrictions in IC72-13R8, to pre-1991 benefits, that have not been included in the Regulations or that differ from the restrictions in the Regulations. ... Cross references: Appropriate Pension Adjustments – 8502(l) Increase in Accrued Benefits – Part-Timers – 8503(3)(i) Artificially Reduced Pension Adjustment – 8503(14) Benefit Accrual Rate Greater Than 2 Per Cent – 8509(8) Conditions Applicable to Amendments – 8511(1)(a) 10.9 8503(3)(i) – Increase in accrued benefits Paragraph 8503(3)(i) of the Regulations generally applies only where benefits are provided to part-time workers. ...
Current CRA website
Chapter 17 - 8510 – Multi-Employer Plan and Specified Multi-Employer Plan
Chapter 17- 8510 – Multi-Employer Plan and Specified Multi-Employer Plan On this page... 17.1 8510(1) – Definition of a Multi-Employer Plan 17.2 8510(2) – Definition of a Specified Multi-Employer Plan 17.3 8510(3) – Qualification as a Specified Multi-Employer Plan 17.4 8510(4) – Minister's Notice 17.5 8510(5) – Special Rules – MEPs 17.6 8510(6) – Special Rules – SMEPs 17.7 8510(7) – Additional Prescribed Conditions 17.8 8510(8) – Purchase of Additional Benefits 17.9 8510(9) – Special Rules – Member-Funded Pension Plans 17.1 8510(1) – Definition of a Multi-Employer Plan A MEP is an RPP that has a group of participating employers. ... Cross references: Participating employer – 147.1(1) Active member – 8500(1) 17.4 8510(4) – Minister’s Notice Under subsection 8510(4) of the Regulations, the Minister may give notice to a plan administrator that a plan is not a SMEP when: the plan no longer meets the conditions in subsection 8510(3); or a plan administrator requests that a plan not be treated as a SMEP. ... Cross references: Pension contributions deductible – employer contributions – 147.2(1)(c) Multi-employer plan – 8500(1) Permissible contributions – 8502(b)(iii) Permissible benefits – 8502(c) Definition of specified multi-employer plan – 8510(2) Designated laws – 8513 Special rules for designated plans – 8515 Specified individuals – 8515(4) Page details Date modified: 2021-11-17 ...
Current CRA website
Self employed Business, Professional, Commission, Farming, and Fishing Income: Chapter 4 – Capital cost allowance
Column 8 – Rate (%) In this column, enter the rate for each class of property in Area A. ... She does this as follows: GST at 5% of $30,000 = $1,500 PST at 8% of $30,000 = $2,400 Therefore, Vivienne's capital cost is $33,900 ($30,000 + $1,500 + $2,400). ... Capital cost calculation Actual cost of the property $ Blank space for dollar value Line 1 FMV of the property $ Blank space for dollar value Line 2 Amount on line 1 $ Blank space for dollar value Line 3 Line 2 minus line 3 (if negative, enter "0") $ Blank space for dollar value Line 4 Enter all capital gains deductions claimed for the amount on line 4 Footnote 1 × 2 = $ Blank space for dollar value Line 5 Line 4 minus line 5 (if negative, enter "0") × ½ = $ Blank space for dollar value Line 6 Capital cost (line 1 plus line 6) $ Blank space for dollar value Line 7 Enter the capital cost of the property from line 7 in column 3 of Area B or C. ...