Search - 哈尔滨到北京 公里数

23 July 1990 Income Tax Severed Letter EACC9492 F- Canada-Korea Income Tax Convention Unedited CRA Tags n/a 19(1) HBW 4125-K3   David R. Senécal   (613) 957-2074 July 23, 1990 EACC9492 Dear 19(1) Further to your letter of July 18, 1990, and your discussions with Mr. ... SavageA/DirectorProvincial and InternationalRelations Division c.c.       ...

27 November 1989 Income Tax Severed Letter 89M11317 F- Wrong Address Unedited CRA Tags n/a   November 27, 1989 Winnipeg Taxation Centre Technical Interpretations   Division Attn: R.W. ... We are returning the 24(1) Bernhard Buetow,Acting DirectorTechnical Interpretations Division Legislative and IntergovernmentalAffairs Branch c.c.        ...

The remaining assets as at XXXXXXXXXX included Accounts receivable (XXXXXXXXXX %); Other current assets (XXXXXXXXXX %); and Advances due from XXXXXXXXXX (XXXXXXXXXX %). ... These assets are principally the following: • XXXXXXXXXX; • XXXXXXXXXX; • XXXXXXXXXX; • XXXXXXXXXX • XXXXXXXXXX. 10. ... More than XXXXXXXXXX % of the value of the shares of XXXXXXXXXX is derived from: • XXXXXXXXXX; • XXXXXXXXXX; • XXXXXXXXXX • XXXXXXXXXX 13. ...

Method 1- Aggregate Basis Fair market value of prpoerty transferred $1,000,000 + $500,000 = $1,500,000 Deemed interest benefit @ 13% 195,000 Less: dividends paid on preferred shares ($120,000) x 5/4 (150,000) interest paid on shareholder loan (50,000)--------- Deemed 74.4(2) benefit Nil ========= Method 2- Property by Property Basis Interest benefit on property transferred for shares: $1,000,000 @ 13% 130,000 Less adjustment for dividends paid (120,000) x 5/4 (150,000)--------- Net benefit (P) Nil ========= Interest benefit on shareholder account: $500,000 @ 13% 65,000 Less interest paid in year (50,000)-------- (L) $ 15,000-------- Total deemed benefit (P) + (L) $ 15,000-------- Where there are multiple transfers of property by an individual to a corporation, you are of the opinion that the interest deemed to have been received by the individual pursuant to subsection 74.4(2) of the Act should be calculated on the aggregate of all the transferred property (Method 1) rather than being calculated on each individual property (Method 2). ...

3 October 1989 Income Tax Severed Letter ACC8645- Paiements indemnisation des accidents du travail Unedited CRA Tags n/a   19(1) B. Fioravanti   (613) 957-2073   HBW 9086-3 le 3 octobre 1989 Monsieur, Je vous écris pour faire suite à notre lettre du 10 juillet et pour vous informer que la préparation à l'application des exigences relatives à la déclaration des paiements d'indemnisation des accidents du travail à compter de l'année d'imposition 1989 progresse selon le plan établi. ... Le montant de ces prestations doit être indiqué comme suit dans l'espace réservé aux notes: "           $ payés comme indemnité pour acc. du travail- Voir, au sujet de ce montant, votre guide d'impôt général". ...

") et le capital versé de l'action est de 10 $. La juste valeur marchande ("J.V.M") de l'action est de 100 $. ... Le gain en capital sur la vente de l'action ordinaire sera le montant qui constitue son produit de disposition aux fins de l'alinéa 54h), soit sa J.V.M. (100 $) moins le montant de tout dividende réputé en vertu du sous-alinéa 54h)(x) (10 $), moins son P.B.R. de 10 $ pour un gain en capital de 80 $. ... Une perte en capital de 80 $ sur la disposition de l'action privilégiée sera réalisée, le produit de disposition étant 20 $ en vertu du sous-alinéa 54(h)x) (100 $ moins 80 $) et le P.B.R. de l'action étant de 100 $, en vertu de l'alinéa 54a) de la Loi. ...

The term manufacturing or processing ("M & P") does not include construction activities (per paragraph 125.1(3)(b) of the Act). Therefore, capital or labour used at a specific time in a construction activity cannot also be used at that same time in an "M & P" activity. ... As a result, the amount of M & PP eligible for the reduced rate of tax would be calculated according to the following formula: M & PP = (MC + ML)/(C + L) x adjusted business income MC = Cost of M & P capital C = Cost of capital ML = Cost of M & P labour L = Cost of labour All of these terms are defined in section 5202 of the Regulations. ...

You have summarized the value of the ownership interests of X and Y in each company as follows: Company A Company B Common Preferred Common Shares Shares Shares X $ NIL $100,000 $50,000 Y NIL--- 50,000--------------------- $ NIL $100 000 $100 000 ===== ====== ====== It is proposed that Company A and Company B amalgamate under circumstances described in subsection 87(1) of the Act. ...

Assuming the taxpayer will claim the maximum reserve allowable under subparagraph 40(1)(a)(iii) of the Act, the gains under paragraph 40(1)(a) of the Act will be as follows: 1974 1975 1976------------ 40(1)(a) gain $3,600 $3,600 $1,800 ====== ====== ====== One-half of these amounts will be added to the Company's capital dividend account as follows: 1974 amount- at any particular time between November 1, 1974 and December 31, 1974, 1975 amount- at any particular time between January 1, 1975 and December 31, 1975, 1976 amount- at any particular time between January 1, 1976 and December 31, 1976. ...

" OUR OPINION Paragraphe 149(1)(d) of the Act provides that "No tax is payable under this Part upon the taxable income of a person for a period when this person was (...) (...) (...) ...