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Current CRA website
Chapter History S1-F2-C3, Scholarships, Research Grants and Other Education Assistance
Update February 27, 2025 ¶3.79 has been revised to add the provision references in the Act which apply to each of the points under that paragraph. ¶3.79 b) has been revised to replace the phrase “under similar programs” with “under a program” to reflect the repeal of clause 56(1)(r)(iii)(B) made by S.C. 2022, c.10 (formerly Bill C-19), s. 407, effective June 23, 2022. ¶3.79 c) has also been revised and ¶3.79 c.1) was added, to reflect new subparagraph 56(1)(r)(iv.1) which was added by S.C. 2021, c.23 (formerly Bill C-30), s.7(2), deemed to have come into force on January 1, 2020, and new clause 56(1)(r)(iv.1)(D.1) which was added by S.C. 2021, c.26, s.6(1), deemed to have come into force on October 24, 2021. ¶3.82 has been revised to delete previous wording that may have suggested that the deduction under paragraph 110(1)(g) is limited to tuition assistance that is received in connection with adult basic education. ¶3.82.1 has been added to provide examples of the types of training assistance to which the deduction under paragraph 110(1)(g) may apply. ... The third sentence of the second paragraph of the Summary has been updated to remove the reference to the Video Series – Canadian students and income tax, as these videos are no longer available. ¶3.18 has been revised to remove the words “on or after October 31, 2011” which followed the word “enjoyed” in the first sentence. ...
TCC
Breathe E-Z Homes Ltd. v. M.N.R., 2014 TCC 122
., 2014 TCC 122 Dockets: 2014-17(CPP)APP 2014-18(EI)APP BETWEEN: breathe e-z homes ltd., Applicant, and MINISTER OF NATIONAL REVENUE, Respondent.____________________________________________________________________ Application heard on March 6, 2014, at Toronto, Ontario Before: The Honourable Justice Randall S. ... Bocock” Bocock J. Citation: 2014 TCC 122 Date: 20140425 Dockets: 2014-17(CPP)APP 2014-18(EI)APP BETWEEN: breathe e-z homes ltd., Applicant, and MINISTER OF NATIONAL REVENUE, Respondent. ... Bocock DATE OF JUDGMENT: April 25 th, 2014 APPEARANCES: Counsel for the Applicant: Dale Barrett Counsel for the Respondent: Roxanne Wong COUNSEL OF RECORD: For the Appellant: Name: Dale Barrett Firm: Barrett Tax Law For the Respondent: William F. ...
Current CRA website
Confirming a simplified GST/HST account number
ABSS 753915164RT9999 June 12, 2025- BUILDING SWELL, INC.- 745763961RT9999 July 11, 2025- MICHAEL D THOMPSON- 789344231RT9999 July 1, 2025- Karalynne Wood- 782588834RT9999 June 29, 2025- RELLA, INC.- 782004634RT9999 July 21, 2025- ARMORED THINGS INC. ... General Assembly 720031327RT9999 June 23, 2025- PAPERPILE LLC- 787697234RT9999 June 1, 2025- STARK LAB INC.- 787854033RT9999 June 17, 2025- ANARA LABS, INC.- 787691831RT9999 July 1, 2025- CBM CALCULATOR LLC CBM Calculator 786074237RT9999 May 16, 2025- DeepL SE- 761529965RT9999 July 1, 2025- FTMO Evaluation Global s.r.o.- 786058636RT9999 July 1, 2025- JIMDO GMBH- 754284966RT9999 July 1, 2025- MLB ADVANCED MEDIA, L.P. ... LTD.- 747497360RT9999 July 14, 2025- SAAS LABS US, INC.- 746929165RT9999 July 1, 2025- ZAPIER, INC.- 783560238RT9999 July 1, 2025- MURSION, INC.- 784207631RT9999 July 1, 2025- THERE'S AN AI FOR THAT S.R.L.- 766011829RT9999 June 1, 2025- ZAMZAR LIMITED Zamzar Ltd 783916232RT9999 July 10, 2025- MOMENT HOUSE LLC- 787939438RT9999 June 1, 2025- AAA AMERICAN LEASING LLC- 781028030RT9999 August 1, 2025- BRAINSPEC INC. ...
Current CRA website
Multiple records
Example An individual made the following RRSP contributions to the same RRSP during the 2024 contribution year (March 1, 2024 to March 3, 2025): Contributions made in the last 10 months of 2024 Month Type Amount March Regular $250 April Regular $250 May Regular $250 June Regular $250 July Regular $250 August Regular $250 September Regular $250 October Regular $250 November Regular $250 November Transfer – Retiring allowance $5,250 December Regular $250 The total contributions made between March 1, 2024 and December 31, 2024 is $7,750. Contributions made in the first 60 days of 2025 Month Type Amount January Regular $250 February Regular $250 March 3 Other- HBP repayment $1,333 The total contributions made between January 1, 2025 and March 3, 2025 is $1,833. ... The record would show the following contribution information: Contribution record Amount prior year (contributions made in the last 10 months of 2024) Amount current year (contributions made in the first 60 days of 2025) $7,750 $1,833 Page details Date modified: 2025-01-03 ...
Current CRA website
Province of Ontario
If your 2024 return is assessed after June 19, 2025, see question 5: When is the 2025 OTB issued? ... See the Ontario Sales Tax Credit – Seniors’ Income Threshold Questions and Answers for more details. ... More information Booklet RC4210 – GST/HST Credit Child and family benefits calculator Policy enquiries If you have a tax policy question about the NOEC program, call the Province of Ontario at 1‑866-ONT-TAXS (1-866-668-8297). ...
Current CRA website
Tax deductions for FHSA contributions
Example – Claiming unused FHSA contributions Nagia opened an FHSA in August 2024. ... Example – You may not deduct contributions after the first qualifying withdrawal Clayton opened his first FHSA in 2024 and contributed $8,000 in each of 2024, 2025 and 2026. ... In 2025, the value of investments held in Tran’s FHSA decrease and on December 31, 2025, the FMV of Tran’s FHSA is reduced to $1,000. ...
Technical Interpretation - External
17 July 2018 External T.I. 2018-0747311E5 - Geothermal Energy Project
Exploration – including both surface and in-depth subsurface mapping; 2. ... For more information on the income tax treatment of extensions of the term of licences and permits, refer to Income Tax Interpretation Bulletin IT-477 Capital Cost Allowance – Patents, Franchises, Concessions and Licenses (Consolidated, Archived), which can be found on the CRA webpage. ... Accelerated CCA – Class 43.1 or 43.2 Where the equipment is acquired prior to 2020 (proposed to be extended to 2025) (footnote 13) the equipment will be eligible for CCA at a rate of 50% applied on a declining balance basis. ...
Current CRA website
Options to calculate
Example – How to eliminate the amount of your instalment payments Hugh is a resident of Alberta and pays his tax by instalments. ... He decides to have more tax withheld from his income in 2025. In January 2025, Hugh filled out Form TD1 to ask his pension plan administrator to withhold an extra $250 each month from his pension income. Hugh now estimates his net tax owing will be $500 for 2025. Based on his estimate, he does not have to make instalment payments in 2025 because his net tax owing will not be over $3,000 for 2025. ...
TCC
Garber v. The Queen, 2014 DTC 1045 [at at 2812], 2014 TCC 1
Signed at Ottawa, Ontario, this 7th day of January, 2014. “E.P. Rossiter” Rossiter A.C.J. ... Expenses Claimed as of Final Submissions-Type 2 Partnership-S/Y Midnight Kiss LP-Linda Leckie-Morel: [7] 1985 Interest expense on Note #1 $6,500.00 Professional fees $250.00 Sales commissions and issue costs $274,000 Production costs and professional fees $120,000 Feasibility study $100,000 Marketing and advertising $60,000 Commissary services $90,700 Office expenses $50,000 Subtotal: $694,700 1/24 share $28,945.83 Total: $35,695.83 1986 Interest expense on Note #1 $6,500.00 Marketing and advertising $60,000 International promotion $35,000 Feasibility study update (50%) $25,000 Management fee $100,000 Subtotal: $220,000 1/24 share $9,166.67 Total: $15,666.67 1987 Interest expense on Note #1 $6,500.00 Marketing and advertising $60,000 International promotion $40,000 Feasibility study update (50%) $25,000 Management fee $100,000 Consulting fees $35,000 Subtotal: $260,000 1/24 share $10,833.33 Total: $17,333.33 1988 Interest expense on Note #1 $6,500.00 Marketing and advertising $64,200 International promotion Management fee $40,000 $100,000 Subtotal: $204,200 1/24 share $8,508.33 Total: $15,008.33 3. ... R., [1997] 3 C.T.C. 2025, 98 D.T.C. 1963 [Goren]. ...
Current CRA website
Claiming child care expenses (special cases)
Identification information Identification information Name Ryan Samson Social insurance number (SIN) 000 000 000 Address 123 Main Street City, Province X0X 0X0 Date of birth (DOB) November 15, 1983 Marital status Married to: Jessica Samson on August 2, 2014 SIN: 000 000 000 DOB: September 10, 1984 Number of children (2) Son: Jace Samson DOB: May 22, 2016 Daughter: Jackie Samson DOB: June 22, 2017 Required slips T4 – Statement of Remuneration Paid (For Ryan) Text version of the above image T4 – Statement of Remuneration Paid Protected B Employer's name: Paint colours Inc. ... Employee's name and address: Last name: Samson First name: Jessica 123 Main Street City, Province X0X 0X0 Box 12: Social insurance number: 000 000 000 Box 14: Employment income: 34,000.00 Box 16: Employee's CPP contributions – see over: 200.00 Box 18: Employee's EI premiums: 230.00 Box 22: Income tax deducted: 1,800.00 Box 24: EI insurable earnings: 34,000.00 Box 26: CPP/QPP pensionable earnings: 34,000.00 Box 45: Employer-offered dental benefits: 3 RC210 – Advanced Canada workers benefit (ACWB) statement (For Jessica) Text version of the above image RC210 – Advanced Canada workers benefit (ACWB) statement Issued by: Canada Revenue Agency Samson, Jessica 123 Main Street City, Province X0X 0X0 Social insurance number: 000 000 000 Box 10: Total Basic Advanced Canada workers benefit: 759.00 Over the Rainbow Daycare receipt Text version of the above image Over the Rainbow Daycare receipt 123 First St City, Province X0X 0X0 Tel no.:476-123-4567 Business no.: 11111111RT0001 January 25, 2025 To whom it may concern: Ryan Samson and Jessica Samson paid the following amount in 2024 for child care services for their children: Jace Samson (son)= $2,500.00 Jackie Samson (daughter)= $2,500.00 The child care fees mentioned above are for the period of January 2024 to December 2024. ... Takeaway points Steps to follow Review their background information and required slips Click add spouse next to the Family Head (Ryan Samson) tab Click T4 and employment income in the left-side menu, then click the + sign next to T4 income (earned in any province except Quebec) and enter the required information for each individual Click Other information slips in the left-side menu, then click the + sign next to RC210 – Canada workers benefit advance payments statement [Federal line 41500] to enter the information from the tax slip Click add dependant next to the Jessica Samson tab to add each dependant In the profile of each child, click on Dependant ID in the left-side menu and complete the Dependant Identification section for each child Click Child care in the left-side menu of each dependant’s profile, then click the + sign next to the type of child care expenses to enter the amount paid for that child Using the profile for the individual with the higher net income, click Interview setup in the left-side menu, then tick the box next to Child care (special cases) in the Parents and children section Click Child care (special cases) from the left-side menu, then click the + sign next to A special situation allows you to claim child care expenses even though your earnings are higher than your spouse’s Enter the number of weeks during the year when any of the special cases listed applied to their situation The tax software calculates how much of the child care expenses may be claimed on the tax return for the individual with the higher net income. ...