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GST/HST Interpretation
6 May 2019 GST/HST Interpretation 194986 - – […][Services of a Managing General Agent]
6 May 2019 GST/HST Interpretation 194986- – […][Services of a Managing General Agent] Unedited CRA Tags ETA Part IX, 123(1) Please note that the following document, although correct at the time of issue, may not represent the current position of the Canada Revenue Agency. / Veuillez prendre note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'Agence du revenu du Canada. ... INTERPRETATION GIVEN […]. […]. […]. We understand that generally under an agreement between a insurer and an [MGA], the [MGA] follows the insurer’s guidelines to recruit, train, advise and monitor independent licensed insurance agents. ... Future changes to the ETA, regulations, or the CRA’s interpretative policy could affect the interpretation or the additional information provided herein. […]. […]. ...
GST/HST Ruling
22 March 2013 GST/HST Ruling 144674 - FCTIP – Tour Package Eligibility
[Addressee] Excise and GST/HST Rulings Directorate Place de Ville, Tower A, 15th floor 320 Queen Street Ottawa ON K1A 0L5 March 22, 2013 Case Number: 144674 Business Number: […] Dear [Client]: Subject: GST/HST RULING FCTIP – Tour Package Eligibility Thank you for your fax of May 8, 2012, concerning the eligibility of certain tours for purposes of the Goods and Services Tax (GST)/Harmonized Sales Tax (HST) rebate provided under the Foreign Convention and Tour Incentive Program (FCTIP). ... Generally, a non-resident person is entitled to a rebate where it: • pays GST/HST on the purchase of the eligible tour package; and • meets all other conditions and restrictions set out in the ETA. ... Yours truly, Michèle Routhier Services and Intangibles Unit General Operations and Border Issues Division Excise and GST/HST Rulings Directorate ...
Current CRA website
Chart 5 – Applying net capital losses of other years to 2024 (for taxpayers with a pre-1986 capital loss balance)
Balance of unapplied net capital losses you had before May 23, 1985 Blank space to input proceeds of disposition Blank space to input amount Line 1 Capital gains deductions you claimed: Before 1988 Blank space to input amount In 1988 and 1989 Blank space to input amount × multiply by 0.75 = Equals + Plus From 1990 to 1999 Blank space to input amount × multiply by 0.6667 = Equals + Plus In 2000 Blank space to input amount × multiply by 1/(IR×2) = Equals + Plus From 2001 to 2023 + Plus Total capital gains deductions after adjustment = Equals − Minus Line 2 Pre-1986 capital loss balance available for 2024: line 1 minus line 2 Blank space to input proceeds of disposition Blank space to input amount Line 3 Step 2 – Applying net capital losses of other years to 2024 Before you begin, complete columns A to C of Chart A, Adjustment calculation for carry-forward losses. ... Balance of unapplied net capital losses you had before May 23, 1985 Blank space to input proceeds of disposition 6,000 Line 1 Capital gains deductions you claimed: Before 1988 500 In 1988 and 1989 Blank space to input amount × multiply by 0.75 = Equals + Plus From 1990 to 1999 Blank space to input amount × multiply by 0.6667 = Equals + Plus In 2000 300 × multiply by 1/(IR×2) = Equals + Plus 225 From 2001 to 2023 + Plus Total capital gains deductions after adjustment = Equals 725 − Minus 725 Line 2 Pre-1986 capital loss balance available for 2024: line 1 minus line 2 Blank space to input proceeds of disposition 5,275 Line 3 Step 2 – Applying net capital losses of other years to 2024 Before you begin, complete columns A to C of Chart A, Adjustment calculation for carry-forward losses on the next page. ... You then uses $3,000 ($12,000 – $6,000 – $3,000) of your adjusted net capital loss incurred in 1990. ...
Old website (cra-arc.gc.ca)
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: 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 OTH – Other USD – United States, dollar 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; and 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. ...
Current CRA website
Excise Duty Rate Changes – July 1, 2006
Excise Duty Rate Changes – July 1, 2006 From: Canada Revenue Agency May 2006 On May 2, 2006, the Minister of Finance tabled a Notice of Ways and Means Motion, which amends the Excise Act and Excise Act, 2001 to introduce new excise duty rates. ... Wine New rates for wine More than 7% of absolute ethyl alcohol by volume $0.62 per litre More than 1.2% of absolute ethyl alcohol by volume but not more than 7% of absolute ethyl alcohol by volume $0.295 per litre Not more than 1.2% of absolute ethyl alcohol by volume $0.0205 per litre Beer Made by domestic brewers with production of more than 300,000 hectolitres per year and all imported beer New rates for beer More than 2.5% of absolute ethyl alcohol by volume $31.22 per hectolitre More than 1.2% of absolute ethyl alcohol by volume but not more than 2.5% of absolute ethyl alcohol by volume $15.61 per hectolitre Not more than 1.2% of absolute ethyl alcohol by volume $2.591 per hectolitre Domestic production – small and mid-sized brewers More than 2.5% of absolute ethyl alcohol New rates for Domestic production – small and mid-sized brewers at more than 2.5% of absolute ethyl alcohol Annual production volume increments (hectolitres) Applicable rate (per hectolitre) 0 – 2,000 $3.122 2,001 – 5,000 $6.244 5,001 – 15,000 $12.488 15,001 – 50,000 $21.854 50,001 – 75,000 $26.537 75,001 – 300,000 $31.22 More than 1.2% but not more than 2.5% of absolute ethyl alcohol New rates for Domestic production – small and mid-sized brewers at More than 1.2% but not more than 2.5% of absolute ethyl alcohol Annual production volume increments (hectolitres) Applicable rate (per hectolitre) 0 – 2,000 $1.561 2,001 – 5,000 $3.122 5,001 – 15,000 $6.244 15,001 – 50,000 $10.927 50,001 – 75,000 $13.269 75,001 – 300,000 $15.61 Not more than 1.2% of absolute ethyl alcohol New rates for Domestic production – small and mid-sized brewers at not more than 1.2% Annual production volume increments (hectolitres) Applicable rate (per hectolitre) 0 – 2,000 $0.259 2,001 – 5,000 $0.518 5,001 – 15,000 $1.036 15,001 – 50,000 $1.814 50,001 – 75,000 $2.202 75,001 – 300,000 $2.591 Note: The reduced rates do not apply to licensed brewers whose annual beer production is greater than 300,000 hectolitres. Tobacco products All provinces and territories – regular domestic market New rates for tobacco products in all provinces and territories Excise Duty Additional Duty Cigarettes $0.41025 per five or fraction of five cigarettes N/A Tobacco sticks $0.0605 per stick N/A Manufactured tobacco – other $55.90 per kilogram N/A Raw leaf tobacco $1.572 per kilogram N/A Cigars $16.60 per 1,000 cigars Greater of $0.066 or 66% * * 66% of the Canadian manufacturer's sale price or of the duty paid value, if imported. ...
Archived CRA website
ARCHIVED — T1284 Saskatchewan Employee's Tools Tax Credit
ARCHIVED — T1284 Saskatchewan Employee's Tools Tax Credit Download instructions for fillable PDFs You must download the accessible fillable PDF to your computer. ... Previous years: Accessible Fillable PDFs This form is also available for the years listed below: 2015 – Fillable PDF (t1284-fill-15e.pdf) 2014 – Fillable PDF (t1284-fill-14e.pdf) 2013 – Fillable PDF (t1284-fill-13e.pdf) 2012 – Fillable PDF (t1284-fill-12e.pdf) Print and fill out by hand This form is no longer current. ... Previous years: Standard print PDFs This form is also available for the years listed below: N/A – Standard print PDF (t1284-e.pdf) 2015 – Standard print PDF (t1284-15e.pdf) 2014 – Standard print PDF (t1284-14e.pdf) 2013 – Standard print PDF (t1284-13e.pdf) 2012 – Standard print PDF (t1284-12e.pdf) 2011 – Standard print PDF (t1284-11e.pdf) 2010 – Standard print PDF (t1284-10e.pdf) 2009 – Standard print PDF (t1284-09e.pdf) 2008 – Standard print PDF (t1284-08e.pdf) 2007 – Standard print PDF (t1284-07e.pdf) Ask for an alternate format You can order alternate formats such as digital audio, electronic text, braille, and large print. ...
Current CRA website
The Canada Pension Plan enhancement – Businesses, individuals and self-employed: what it means for you
Pierre will also make second CPP contributions at a rate of 8% on the income he earns above the first earnings ceiling, up to the amount of the second earnings ceiling Annual first CPP contributions rate and amount on income below first earnings ceiling Pierre (self-employed)- $75,000 income- Annual contribution rate and amount on income below first earnings ceiling Year Contribution rate Estimated first earnings ceiling Estimated second earnings ceiling Pierre's annual CPP contributions at 11.9% 2023 11.9% $66,600 N/A ($66,600-$3,500) × 11.9% = $7,509 2024 11.9% $67,700 $72,400 (67,700- $3,500) × 11.9% = $7,639 2025 11.9% $69,700 $79,400 ($69,700- $3,500) × 11.9% = $7,877 Annual second CPP contributions rate and amount on income above the first earnings ceiling up to the second earnings ceiling Pierre (self-employed)- $75,000 income- Annual contribution rate and amount on income above first earnings ceiling and under second earnings ceiling Year Contribution rate Estimated first earnings ceiling Estimated second earnings ceiling Contribution rate Pierre's annual second CPP contributions at 8% 2024 8% $67,700 $72,400 8% ($72,400- $67,700) × 8% = $376 2025 8% $69,700 $79,400 8% ($75,000- $69,700) × 8% = $424 Pierre's total contributions will be: Pierre (self-employed)- $75,000 income- Pierre's total contributions will be: Year First CPP contribution amount (11.9%) + Second CPP contributions (8%) = Total annual CPP contributions 2023 $7,401 N/A $7,401 2024 $7,639 $376 $8,015 2025 $7,877 $424 $8,301 Ayesha (employee)- $150,000 income Since Ayesha's income is higher than the first earnings ceiling, she will make first and second CPP contributions (beginning in 2024). ... Annual first CPP contributions rate and amount on income below first earnings ceiling Ayesha (employee)- $150,000 income- Annual first CPP contributions rate and amount on income below first earnings ceiling Year Contribution rate split (employee/ employer) Estimated first earnings ceiling Estimated second earnings ceiling Ayesha's annual contribution at 5.95% 2023 5.95% $66,600 N/A ($66,600- $3,500) × 5.95% = $3,754 2024 5.95% $67,700 $72,400 ($67,700- $3,500) × 5.95% = $3,820 2025 5.95% $69,700 $79,400 ($69,700- $3,500) × 5.95% = $3,939 Annual second CPP contributions rate and amount on income above first earnings ceiling up to second earnings ceiling Ayesha (employee)- $150,000 income- Annual second CPP contributions rate and amount on income above first earnings ceiling up to second earnings ceiling Year Contribution rate split (employee/ employer) Estimated first earnings ceiling Estimated second earnings ceiling Ayesha's annual second CPP contributions Ayesha's annual contribution at 4% 2023 N/A $66,600 N/A N/A 2024 4% $67,700 $72,400 ($72,400- $67,700) × 4% = $188 2025 4% $69,700 $79,400 ($79,400- $69,700) × 4% = $388 Ayesha's total contributions will be: Ayesha (employee)- $150,000 income- Ayesha's total contributions will then be: Year First contribution amount + Second contribution amount = Total annual contribution 2023 $3,701 $0 $3,701 2024 $3,820 $188 $4,008 2025 $3,939 $388 $4,327 More information The Canada Pension Plan Enhancement Backgrounder: Canada Pension Plan (CPP) Enhancement Backgrounder: A Stronger Canada Pension Plan The Canada Pension Plan* The Canada Pension Plan- An Overview Contributions to the Canada Pension Plan Canada Pension Plan- What could you receive * Note: Canada Pension Plan pages are currently being updated to reflect the upcoming enhancement. Canada Workers Benefit Payroll Deductions Online Calculator (PDOC), payroll tables, TD1s, and more Public Pensions Search for related information by keyword: Taxes | Canada Revenue Agency | Canada | general public | backgrounders Report a problem or mistake on this page Thank you for your help! ...
Conference
10 October 2024 APFF Financial Strategies and Instruments Roundtable Q. 5, 2024-1023291C6 F - Paiements rétroactifs - Droits ou biens / Retroact
/ An individual died in 2021. A pay equity settlement has been reached before the death. ... Aucune déclaration de revenus provenant de droits ou de biens (« Déclaration de droits ou biens ») en vertu du paragraphe 70(2) L.I.R. n’a été produite pour l’année du décès. ... Michel Ostiguy Le 10 octobre 2024 2024-102329 FOOTNOTES En raison des exigences de nos systèmes, les notes de bas de page contenues dans le document original sont reproduites ci-dessous: 1 L.R.C. (1985), ch. 1 (5e suppl.) (« L.I.R. »). 2 AGENCE DU REVENU DU CANADA, Déclaration T3 RET « Déclaration de renseignements et de revenus des fiducies ». 3 AGENCE DU REVENU DU CANADA, Feuillet T4 « T4 État de la rémunération payée (feuillet) ». 4 AGENCE DU REVENU DU CANADA, Feuillet T5 « État des revenus de placements ». ...
Archived CRA website
ARCHIVED — T81-IND T81(IND) British Columbia Royalty and Deemed Income Rebate (Individuals)
ARCHIVED — T81-IND T81(IND) British Columbia Royalty and Deemed Income Rebate (Individuals) Download instructions for fillable PDFs You must download the accessible fillable PDF to your computer. ... Previous years: Standard print PDFs This form is also available for the years listed below: 2006 – Standard print PDF (t81-ind-06e.pdf) 2005 – Standard print PDF (t81-ind-05e.pdf) 2004 – Standard print PDF (t81-ind-04e.pdf) 2003 – Standard print PDF (t81-ind-03e.pdf) 2002 – Standard print PDF (t81-ind-02e.pdf) 2001 – Standard print PDF (t81-ind-01e.pdf) 2000 – Standard print PDF (t81-ind-00e.pdf) 1999 – Standard print PDF (t81-ind-99e.pdf) 1998 – Standard print PDF (t81-ind-98e.pdf) 1996 – Standard print PDF (t81-ind-96e.pdf) 1992 – Standard print PDF (t81-ind-92e.pdf) 1991 – Standard print PDF (t81-ind-91e.pdf) Ask for an alternate format You can order alternate formats such as digital audio, electronic text, braille, and large print. ...
Current CRA website
RC634 Monthly Beer Credit Claim Worksheet – April 1, 2025 to March 31, 2026
RC634 Monthly Beer Credit Claim Worksheet – April 1, 2025 to March 31, 2026 Download instructions for fillable PDFs You must download the accessible fillable PDF to your computer. ... Accessible Fillable PDF (rc634-fill-25e.pdf) Previous years: Accessible Fillable PDFs This form is also available for the years listed below: 2024 – Fillable PDF (rc634-fill-24e.pdf) 2023 – Fillable PDF (rc634-fill-23e.pdf) 2022 – Fillable PDF (rc634-fill-07-22e.pdf) 2022 – Fillable PDF (rc634-fill-22e.pdf) 2021 – Fillable PDF (rc634-fill-21e.pdf) 2020 – Fillable PDF (rc634-fill-20e.pdf) Print and fill out by hand Standard print PDF (rc634-25e.pdf) Previous years: Standard print PDFs This form is also available for the years listed below: 2024 – Standard print PDF (rc634-24e.pdf) 2023 – Standard print PDF (rc634-23e.pdf) 2022 – Standard print PDF (rc634-07-22e.pdf) 2022 – Standard print PDF (rc634-22e.pdf) 2021 – Standard print PDF (rc634-21e.pdf) 2020 – Standard print PDF (rc634-20e.pdf) Ask for an alternate format You can order alternate formats such as digital audio, electronic text, braille, and large print. ...