Search - 德国民法典第1993条

Line 252- Non-capital losses of other years Enter the amount of your unapplied non-capital losses you reported on your 1993 to 1999 returns, or your unapplied farming and fishing losses you reported on your 1990 to 1999 returns, that you want to apply in 2000. ...

., a predecessor of the taxpayer, claimed enhanced SR&ED benefits under subsection 127(10.1) and section 127.1 in its 1992 and 1993 taxation years. ...

Gains and losses resulting from any deemed dispositions of property under subsection 128.1(4) (prior to 1993, under section 48) in connection with the individual's ceasing to be a resident of Canada are also taken into account in the paragraph 114(a) period. ¶ 22. ...

Please send your comments to: Income Tax Rulings Directorate Legislative Policy and Regulatory Affairs Branch Canada Revenue Agency Ottawa ON K1A 0L5 All Interpretation Bulletins can be found on the Canada Revenue Agency Web site at: www.cra.gc.ca/menu/ITSC-eng.html Part 1 – Sectional Index by primary references Income Tax Act Income Tax Act Section Title Bulletin or Technical News 2 Determination of an individual's residence status IT‑221R3(C) 2(1) Residence of a trust or estate IT‑447 3 Price adjustment clauses IT‑169 3 Separate businesses IT‑206R 3 Miscellaneous receipts IT‑334R2 3 Damages, settlements, and similar receipts IT‑365R2 3 Non-residents – Income earned in Canada IT‑420R3(SR) 3 Rental of real property by individual IT‑434R(SR) 3 Barter transactions IT‑490 3 International Financial Reporting Standards TN-42 3(a) Gains from theft, defalcation or embezzlement IT‑256R 3(d) Losses – Their deductibility in the loss year or in other years IT‑232R3 6 Athletes and players employed by football, hockey and similar clubs IT‑168R3 6(1)(a) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(1)(a) Health and welfare trusts for employees IT‑85R2 6(1)(a) Employee fringe benefits IT‑470R(C) 6(1)(a) Flexible employee benefit programs IT‑529 6(1)(a) Administrative policy change for taxable employment benefits TN‑40 6(1)(e), (e.1) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(1)(f) Wage loss replacement plans IT‑428 6(1)(g), (h) Employee benefit plans and employee trusts IT‑502(SR) 6(1)(k), (l) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(1.1) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(2), (2.1) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(3) Payments by employer to employee IT‑196R2(SR) 6(6) Employment at special work sites or remote work locations IT‑91R4 6(7) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 7 Benefits to employees – Stock options IT‑113R4 7(1.4) Employee stock option deduction TN‑38 7(8) Stock benefit withholding requirements TN‑41 8(1)(c) Clergy Residence Deduction IT‑141R(C) 8(1)(f) Vehicle, travel and sales expenses of employees IT‑522R 8(1)(h), (h.1) Vehicle, travel and sales expenses of employees IT‑522R 8(1)(i)(i) Employees' professional membership's dues IT‑158R2 8(1)(i)(ii), (iii) Employee's expenses, including work space in home expenses IT‑352R2 8(1)(i)(iv), (vi) Dues paid to a union or to a parity or advisory committee IT‑103R 8(1)(j) Vehicle, travel and sales expenses of employees IT‑522R 8(1)(m) Registered pension funds or plans – Employees' contributions IT‑167R6 8(1)(p), (q) Performing artists IT‑525R(C) 9 Conversion of property, other than real property, fro­m or to inventory IT‑102R2 9 Corporations used by practising members of professions IT‑189R2 9 Profits, capital gains and losses from the sale of real estate, including farmland and inherited land and conversion of real estate from capital property to inventory and vice versa IT‑218R 9 Government assistance – General comments IT‑273R2 9 Commodity futures and certain commodities IT‑346R 9 Woodlots IT‑373R2(C) 9 Payments to lottery ticket vendors IT‑404R 9 Prepaid expenses and deferred charges IT‑417R2 9 Visual artists and writers IT‑504R2(C) 9(1) Income of contractors IT‑92R2 9(1) Foreign exchange gains and losses IT‑95R 9(1) Lawyers' trust accounts and disbursements IT‑129R 9(1) Surface rentals and farming operations IT‑200 9(1) Prepayment of rents IT‑261R 9(1) Premiums and other amounts with respect to leases IT‑359R2 9(1) Miscellaneous farm income IT‑425 9(1) Business transactions prior to incorporation IT‑454 9(1) Prepaid income – Whether subsection 9(1) or paragraph 12(1)(a) applies TN‑30 10 Inventory valuation IT‑473R 10(1) International Financial Reporting Standards TN-42 10(4), (5) Supplies on hand at the end of a fiscal period IT‑51R2(SR) 12(1)(a) Prepaid income – Whether subsection 9(1) or paragraph 12(1)(a) applies TN‑30 12(1)(a) International Financial Reporting Standards TN‑42 12(1)(b) Sale of property – When included in income computation IT‑170R 12(1)(b) International Financial Reporting Standards TN-42 12(1)(c) Interest income IT‑396R 12(1)(c) Taxation of Roth IRAs TN-43 12(1)(g) Payments based on production or use IT‑462 12(1)(j) Taxable dividends from corporations resident in Canada IT‑67R3 12(1)(o) Crown charges – Resources properties in Canada IT‑438R2 12(1)(o) Safe income calculation –The Kruco case TN‑34 12(1)(x) Government assistance – General comments IT‑273R2 12(1)(x) Application of paragraph 12(1)(x) TN‑29 12(4) Taxation of Roth IRAs TN‑43 12.2 Policyholders' income from life insurance policies IT‑87R2 13(1) Capital cost allowance – Recapture and terminal loss IT‑478R2 13(4), (4.1) Exchanges of property IT‑259R4 13(5) Capital cost allowance – Transferred and misclassified property IT‑190R2 13(5.1) Capital cost allowance – Leasehold interests IT‑464R 13(6) Capital cost allowance – Transferred and misclassified property IT‑190R2 13(7.1) Government assistance – General comments IT‑273R2 13(21) Capital cost allowance – Depreciable property IT‑128R 13(21) Sale of property – When included in income computation IT‑170R 13(21) Capital cost allowance – Proceeds of disposition of depreciable property IT‑220R2(SR) 13(21) Capital cost allowance – Partial dispositions of property IT‑418 13(21) Dispositions – Absence of consideration IT‑460 13(21) Timber resource property and timber limits IT‑481(C) 13(21.1) Capital cost allowance – Proceeds of disposition of depreciable property IT‑220R2(SR) 14 Disposition of and transactions involving eligible capital property IT‑123R4 14 Transactions involving eligible capital property IT‑123R6 14(1), (5) Eligible capital amounts IT‑386R 14(5) Meaning of eligible capital expenditure IT‑143R3 14(6), (7) Exchanges of property IT‑259R4 15(1) Benefits conferred on shareholders IT‑432R2; TN-44 15(1) Single-purpose corporations TN‑31R2 15(1)(c) Rights to buy additional shares IT‑116R3 15(2) Debts of shareholders and certain persons connected with shareholders IT‑119R4 18(1) Expenses of training IT‑357R2 18(1)(a) Legal and accounting fees IT‑99R5(C) 18(1)(a) Deductibility of fines or penalties IT‑104R3 18(1)(a) Losses from theft, defalcation or embezzlement IT‑185R(C) 18(1)(a) Membership dues – Associations and societies IT‑211R 18(1)(a) Prepayments of rents IT‑261R 18(1)(a) Commencement of business operations IT‑364 18(1)(a) Damages, settlements and similar payments IT‑467R2 18(1)(a) Expenditures on research and for business expansion IT‑475 18(1)(a) General limitation on deduction of outlays or expenses IT‑487 18(1)(a) Motor vehicle expenses claimed by self-employed individuals IT‑521R 18(1)(b) Customer lists and ledger accounts IT‑187 18(1)(b) Damages, settlements and similar payments IT‑467R2 18(1)(b) Expenditures on research and for business expansion IT‑475 18(1)(c), (e) Damages, settlements and similar payments IT‑467R2 18(1)(e) Prepaid income – Whether subsection 9(1) or paragraph 12(1)(a) applies TN‑30 18(1)(h) Damages, settlements and similar payments IT‑467R2 18(1)(l) Recreational properties and club dues IT‑148R3 18(1)(m) Crown charges – Resource properties in Canada IT‑438R2 18(1)(t) Income tax treatment of GST TN‑38 18(2), (2.2)-(2.5), (3) Land developers – Subdivision and development costs and carrying charges on land IT‑153R3 18(4) Interest on debts owing to specified non‑residents ("thin capitalization") IT‑59R3 18(4) International Financial Reporting Standards TN-42 18(4)(a)(ii) Thin capitalization TN‑38 18(9) Prepaid expenses and deferred charges IT‑417R2 18(12) Work space in home expenses IT‑514 20(1)(a) Capital cost allowance – Buildings or other structures IT‑79R3 20(1)(a) Capital cost allowance – Depreciable property IT‑128R 20(1)(a) Capital cost allowance – Accelerated write‑off of manufacturing and processing machinery and equipment IT‑147R3 20(1)(a) Capital cost allowance – Vessels IT‑267R2 20(1)(a) Capital cost allowance – General comments IT‑285R2 20(1)(a) Condominiums IT‑304R2 20(1)(a) Capital cost allowance – Contractor's movable equipment IT‑306R2 20(1)(a) Definition of tools IT‑422 20(1)(a) Capital cost allowance – Leasehold interests IT‑464R 20(1)(a) Capital cost allowance – Earth‑moving equipment IT‑469R 20(1)(a) Capital cost allowance – Class 8 property IT‑472(SR) 20(1)(a) Capital cost allowance – Equipment used in petroleum and natural gas activities IT‑476R 20(1)(a) Capital cost allowance – Patents, franchises, concessions and licences IT‑477(C) 20(1)(a) Cost of clearing or levelling land IT‑485 20(1)(a) Capital cost allowance – Industrial mineral mines IT‑492 20(1)(a) Capital cost allowance – Logging assets IT‑501(SR) 20(1)(a) International Financial Reporting Standards TN-42 20(1)(c) Interest deductibility and related issues IT‑533 20(1)(c)(ii) Income trust and interest deductibility TN‑34 20(1)(e), (e.1) Expenses of issuing or selling shares, units in a trust, interests in a partnership or syndicate, and expenses of borrowing money IT‑341R4 20(1)(e.2) Premiums on life insurance used as collateral IT‑309R2 20(1)(f) Foreign exchange losses TN‑25 20(1)(f) Exchangeable debentures TN‑41; TN-44 20(1)(l) Bad debts and reserves for doubtful debts IT‑442R 20(1)(m) Prepaid income – Whether subsection 9(1) or paragraph 12(1)(a) applies TN‑30 20(1)(m) Reserve for prepaid amount: Impact of the Ellis Vision case TN‑32 20(1)(m) International Financial Reporting Standards TN‑42 20(1)(m)-(m.2) Special reserves IT‑154R 20(1)(n) Special reserves – Sale of land IT‑152R3 20(1)(n) Special reserves IT‑154R 20(1)(n) International Financial Reporting Standards TN-42 20(1)(p) Bad debts and reserves for doubtful debts IT‑442R 20(1)(q) Administrative costs of pension plans IT‑105 20(1)(aa) Cost of clearing or levelling land IT‑485 20(1)(bb) Fees paid to investment counsel IT‑238R2 20(1)(dd) Investigation of site IT‑350R 20(8) Special reserves – Sale of land IT‑152R3 20(10) Convention expenses IT‑131R2 20(11), (12) Foreign income taxes as a deduction from income IT‑506 20(16) Capital cost allowance – Leasehold interests IT‑464R 20(16) Capital cost allowance – Recapture and terminal loss IT‑478R2 22 Sale of accounts receivable IT‑188R(SR) 23 Sale of inventory IT‑287R2 24 Eligible capital property – Rules where a taxpayer has ceased carrying on a business or has died IT‑313R2 28 Farming or fishing – Use of cash method IT‑433R 28 Farming – Cash method inventory adjustments IT‑526 28(1) Livestock of farmers IT‑427R 30 Cost of clearing or levelling land IT‑485 31 Farm losses IT‑322R 31(1) Restricted farm losses TN‑30 34 Election by professionals to exclude work in progress from income IT‑457R 37 Scientific research and experimental development expenditures [after December 15, 1987] IT‑151R4 37 Scientific research and experimental development expenditures [after December 2, 1992] IT‑151R5 37(1), (2) List of "approved" entities for the purpose of scientific research and experimental development TN‑23 38 International Financial Reporting Standards TN‑42 38(a.1)(i) Donation of flow-through shares TN‑41 39 Transactions in securities IT‑479R(SR) 39 International Financial Reporting Standards TN-42 39(1) Shares sold subject to an earnout agreement IT‑426R 39(1)(a)(i.1) Dispositions of cultural property to designated Canadian institutions IT‑407R4(C) 39(1)(c) Business investment losses IT‑484R2 39(2) Imperial Oil and the treatment of foreign currency loans TN‑38 39(2) Conversion of debt TN‑44 40 International Financial Reporting Standards TN-42 40(2)(b),(c) Principal residence IT‑120R6 40(2)(f) Prizes from lottery schemes, pool system betting and giveaway contests IT‑213R 43 Part dispositions IT‑264R(SR) 44 Exchanges of property IT‑259R4 44(1) Former business property IT‑491(SR) 47 Meaning of "identical properties" IT‑387R2(C) 48 Deemed disposition and acquisition on ceasing to be or becoming resident in Canada IT‑451R 49 Options on real estate IT‑403R 49(1)(b), (c) Options granted by corporations to acquire shares, bonds or debentures and by trusts to acquire trust units IT‑96R6 49(4) Reassessment where option exercised in subsequent year IT‑384R(SR) 50(1)(a) Capital debts established to be bad debts IT‑159R3 50(2) Capital debts established to be bad debts IT‑159R3 51 Convertible property TN-44 51(1) Fractional interests in shares IT‑115R2 53(1) Capital property – Some adjustments to cost base IT‑456R(SR) 53(1)(e) Life insurance proceeds received by a private corporation or a partnership as a consequence of death IT‑430R3(C) 53(2) Capital property – Some adjustments to cost base IT‑456R(SR) 53(2)(k) Government assistance – General comments IT‑273R2 54 Shares entitling shareholders to choose taxable or capital dividends IT‑146R4 54 Corporations – Involuntary dissolutions IT‑444R 54 Dispositions – Changes in terms of securities IT‑448(SR) 54 Dispositions – Absence of consideration IT‑460 54 Stock exchange transactions – Date of disposition of shares IT‑133 54 Sale of property – When included in income computation IT‑170R 54 Principal residence IT‑120R6 54 Ownership of property (principal residence) IT‑437R 55(1) Creation of capital losses TN‑34 55(2) Income earned or realized – the Kruco case TN‑33 55(2) Safe income calculation – The Kruco case TN‑34 55(2) Safe income calculation – Treatment of non-deductible expenses TN‑37 55(5)(b),(c) Safe income calculation – The Kruco case TN‑34 56(1)(a)(i) Superannuation or pension benefits IT‑499R 56(1)(a)(ii) Retiring allowances IT‑337R4(C) 56(1)(a) (iii) Death benefits IT‑508R 56(1)(n) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(1)(n) Canada Council grants IT‑257R 56(1)(o) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(1)(r) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(1)(v) Employees' or workers' compensation IT‑202R2 56(1)(aa) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(2) Indirect payments IT‑335R2 56(3) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(4) Transfer of rights to income IT‑440R2 59(1) Dispositions of resource properties IT‑125R4 59(3.2)(c) Dispositions of resource properties IT‑125R4 59.1 Dispositions of resource properties IT‑125R4 60(b) Support payments IT‑530R 60(j) Transfers of funds between registered plans IT‑528 60(j.1) Retiring allowances IT‑337R4(C) 60(l) Transfers of funds between registered plans IT‑528 60(q) Scholarships, fellowships, bursaries, and research grants – Forgivable loans, repayable awards and repayable employment income IT‑340R(SR) 62 Moving expenses IT‑178R3(C) 63 Child care expenses IT‑495R3 64 Medical expense and disability tax credits and attendant care expense deduction IT‑519R2(C) 66(15) Exploration and development expenses – Meaning of principal-business corporation IT‑400(SR) 66.1(6) Capital cost allowance – Equipment used in petroleum and natural gas activities IT‑476R 66.2(1) Dispositions of resource properties IT‑125R4 66.2(5) Capital cost allowance – Equipment used in petroleum and natural gas activities IT‑476R 66.2(6) Dispositions of resource properties IT‑125R4 66.4(6) Dispositions of resource properties IT‑125R4 67 Reasonableness of shareholder/manager remuneration TN‑30 67.1 Food, beverages and entertainment expenses IT‑518R 67.6 Income tax treatment of GST TN‑38 69 Inter vivos gifts of capital property to individuals directly or through trusts IT‑209R(SR) 69(11) Corporate loss utilisation transactions TN‑30 69(11) Loss consolidation – Unanimous shareholder agreements TN‑34 69(11) Sale of tax losses TN‑34 70(1) Income of deceased persons – Periodic payments and investment tax credit IT‑210R2 70(2) Income of deceased persons – Rights or things IT‑212R3(SR) 70(2) Income of deceased persons – Farm crops IT‑234 70(5) Buy-sell agreements IT‑140R3 70(5) Valuation of shares of a corporation receiving life insurance proceeds on death of a shareholder IT‑416R3 70(5.1) Eligible capital property – Rules where a taxpayer has ceased carrying on a business or has died IT‑313R2 70(5.2) Dispositions of resources properties IT‑125R4 70(5.3) Valuation of shares of a corporation receiving life insurance proceeds on death of a shareholder IT‑416R3 70(6), (6.1), (7), (8) Testamentary spouse trusts IT‑305R4 70(9)-(9.3), (10), (13), (14) Intergenerational transfers of farm property on death IT‑349R3 73(1) Property transfers after separation, divorce and annulment IT‑325R2 73(3), (4) Inter vivos transfer of farm property to child [before 1993] IT‑268R3(SR) 73(3), (4) Inter vivos transfer of farm property to child [after 1992] IT‑268R4 74.1(1) Interspousal and certain other transfers and loans of property IT‑511R 74.1(2) Transfers and loans of property made after May 22, 1985 to related minor IT‑510 74.2 Interspousal and certain other transfers and loans of property IT‑511R 75(2) Attribution of trust income to settlor IT‑369R(SR) 76(4) Deferred cash purchase tickets issued for grain IT‑184R 78 Unpaid amounts IT‑109R2 78(4) Subsection 78(4) – Liability assumed by third party TN‑38 80 Debtor's gain on settlement of debt IT‑293R(SR) 80(2)(k) Foreign exchange losses TN‑25 80(3) Settlement of debts on the winding-up of a corporation IT‑142R3 80.4 Benefits to individuals, corporations and shareholders from loans or debt IT‑421R2 80.5 Benefits to individuals, corporations and shareholders from loans or debt IT‑421R2 81(1)(a) Amounts excluded from income – Statutory exemptions and certain service or RCMP pensions, allowances and compensation IT‑397R(SR) 81(1)(h) Application of paragraph 81(1)(h) TN‑31R2 81(3) Taxation of elected officers of incorporated municipalities, school boards, municipal commissions and similar bodies IT‑292 82(3) Taxable dividends received after 1987 by a spouse IT‑295R4 83(2)-(2.4) Capital dividends IT‑66R6 84(2) Meaning of "winding-up" IT‑126R2 84.1 Non-arm's length sale of shares to a corporation IT‑489R 85(1) Transfer of property to a corporation under subsection 85(1) IT‑291R3 85(3) Winding-up of a partnership IT‑378R 85.1(1), (2), (2.1) Share for share exchange IT‑450R 85.1(3), (4) General anti-avoidance rule and audit issues/concerns TN‑34 86.1 Foreign spin-offs with "poison pill" shareholder reports plans TN‑28 87 Amalgamations of Canadian corporations IT‑474R2 87(2.1) Losses of a corporation – The effect that acquisitions of control, amalgamations, and windings-up have on their deductibility – After January 15, 1987 IT‑302R3 88(1) Meaning of "winding-up" IT‑126R2 88(1.1), (1.2) Losses of a corporation – The effect that acquisitions of control, amalgamations, and windings-up have on their deductibility – After January 15, 1987 IT‑302R3 88(2) Winding-up dividend IT‑149R4 88.1 Deemed disposition and acquisition on ceasing to be or becoming resident in Canada IT‑451R 89(1) Capital dividends IT‑66R6 89(1) Status of corporations IT‑391R 89(1) Life insurance proceeds received by a private corporation or a partnership as a consequence of death IT‑430R3(C) 89(1) Paid-up capital IT‑463R2 89(1) Eligible dividend designation TN‑41 89(1.1), (1.2) Capital dividends IT‑66R6 89(8) LRIP addition – ceasing to be CCPC TN‑44 89(14) Eligible dividend designation TN‑41 94 Canada-U.S. treaty's competent authority provision TN‑38 94(1)(d) Taxation of Roth IRAs TN‑43 94(4) Taxation of Roth IRAs TN‑43 95(1) Meaning of the term "corporation" IT‑343R 95(1) Taxation of Roth IRAs TN-43 95(6) Scope of application TN‑32 95(6) General anti-avoidance rule and audit issues/concerns TN‑34 95(6) Update on subsection 95(6) TN‑34 95(6)(b) Update on subsection 95(6) TN‑34, TN 36 95(6)(b) Application of paragraph 95(6)(b) TN‑38 96 Partnerships – Income of non‑resident partners IT‑81R 96 What is a partnership? ... IT-91R4 Employment at special work sites or remote work locations IT-92R2 Income of contractors IT-95R Foreign exchange gains and losses IT-96R6 Options granted by corporations to acquire shares, bonds or debentures and by trusts to acquire trust units IT-99R5(C) Legal and accounting fees IT-102R2 Conversion of property, other than real property, from or to inventory IT-103R Dues paid to a union or to a parity or advisory committee IT-104R3 Deductibility of fines or penalties IT-105 Administrative costs of pension plans IT-106R3 Crown corporation employees abroad IT-109R2 Unpaid amounts IT-110R3 Gifts and official donation receipts IT-113R4 Benefits to employees – Stock options IT-115R2 Fractional interest in shares IT-116R3 Rights to buy additional shares IT-119R4 Debts of shareholders and certain persons connected with shareholders IT-120R6 Principal residence IT-123R4 Disposition of and transactions involving eligible capital property IT-123R6 Transactions involving eligible capital property IT-124R6 Contributions to registered retirement savings plans IT-125R4 Dispositions of resource properties IT-126R2 Meaning of "winding-up" IT-128R Capital cost allowance – Depreciable property IT-129R Lawyers' trust accounts and disbursements IT-130 Capital property owned on December 31, 1971 – Actual cost of property owned by a testamentary trust IT-131R2 Convention expenses IT-133 Stock exchange transactions – Date of disposition of shares IT-137R3(SR) Additional tax on certain corporations carrying on business in Canada IT-140R3 Buy-sell agreements IT-141R(C) Clergy residence deduction IT-142R3 Settlement of debts on the winding-up of a corporation IT-143R3 Meaning of eligible capital expenditure IT-145R(C) Canadian manufacturing and processing profits – Reduced rate of corporate tax IT-146R4 Shares entitling shareholders to choose taxable or capital dividends IT-147R3 Capital cost allowance – Accelerated write-off of manufacturing and processing machinery and equipment IT-148R3 Recreational properties and club dues IT-149R4 Winding-up dividend IT-151R4 Scientific research and experimental development expenditures IT-151R5(C) Scientific research and experimental development expenditures IT-152R3 Special reserves – Sale of land IT-153R3 Land developers – Subdivision and development costs and carrying charges on land IT-154R Special reserves IT-155R3(SR) Exemption from non-resident tax on interest payable on certain bonds, debentures, notes, hypothecs or similar obligations IT-158R2 Employees' professional membership dues IT-159R3 Capital debts established to be bad debts IT-167R6 Registered pension plans – Employees' contributions IT-168R3 Athletes and players employed by football, hockey and similar clubs IT-169 Price adjustment clauses IT-170R Sale of property – When included in income computation IT-173R2(SR) Capital gains derived in Canada by residents of the United States IT-176R2 Taxable Canadian property – Interests in and options on real property and shares IT-177R2(C) Permanent establishment of a corporation in a province IT-178R3(C) Moving expenses IT-184R Deferred cash purchase tickets issued for grain IT-185R(C) Losses from theft, defalcation or embezzlement IT-187 Customer lists and ledger accounts IT-188R(SR) Sale of accounts receivable IT-189R2 Corporations used by practising members of professions IT-190R2 Capital cost allowance – Transferred and misclassified property IT-195R4 Rental property – Capital cost allowance restrictions IT-196R2(SR) Payments by employer to employee IT-200 Surface rentals and farming operations IT-201R2 Foreign tax credit – Trusts and beneficiaries IT-202R2 Employees' or workers' compensation IT-206R Separate businesses IT-209R(SR) Inter vivos gifts of capital property to individuals directly or through trusts IT-210R2 Income of deceased persons – Periodic payments and investment tax credit IT-211R Membership dues – Associations and societies IT-212R3(SR) Income of deceased persons – Rights or things IT-213R Prizes from lottery schemes, pool system betting and giveaway contests IT-218R Profit, capital gains and losses from the sale of real estate, including farmland and inherited land and conversion of real estate from capital property to inventory and vice versa IT-220R2(SR) Capital cost allowance – Proceeds of disposition of depreciable property IT-221R3(C) Determination of an individual's residence status IT-226R Gift to a charity of a residual interest in real property or an equitable interest in a trust IT-231R2 Partnerships – Partners not dealing at arm's length IT-232R3 Losses – Their deductibility in the loss year or in other years IT-234 Income of deceased persons – Farm crops IT-238R2 Fees paid to investment counsel IT-242R Retired partners IT-243R4 Dividend refund to private corporations IT-244R3 Gifts by individuals of life insurance policies as charitable donations IT-256R Gains from theft, defalcation or embezzlement IT-257R Canada Council grants IT-259R4 Exchanges of property IT-261R Prepayments of rents IT-262R2 Losses of non-residents and part-year residents IT-264R(SR) Part dispositions IT-267R2 Capital cost allowance – Vessels IT-268R3(SR) Inter vivos transfer of farm property to child [before 1993] IT-268R4 Inter vivos transfer of farm property to child IT-269R4 Part IV tax on taxable dividends received by a private corporation or a subject corporation IT-270R3 Foreign tax credit IT-273R2 Government assistance – General comments IT-274R Rental properties – Capital cost of $50,000 or more IT-278R2 Death of a partner or of a retired partner IT-280R(SR) Employees profit-sharing plans – Payments computed by reference to profits IT-285R2 Capital cost allowance – General comments IT-286R2 Trusts – Amount payable IT-287R2 Sale of inventory IT-288R2 Gifts of capital properties to a charity and others IT-291R3 Transfer of property to a corporation under subsection 85(1) IT-292 Taxation of elected officers of incorporated municipalities, school boards, municipal commissions and similar bodies IT-293R(SR) Debtor's gain on settlement of debt IT-295R4 Taxable dividends received after 1987 by a spouse IT-297R2 Gifts in kind to charity and others IT-302R3 Losses of a corporation – The effect that acquisitions of control, amalgamations, and windings-up have on their deductibility – After January 15, 1987 IT-303(SR) Know-how and similar payments to non-residents IT-304R2 Condominiums IT-305R4 Testamentary spouse trusts IT-306R2 Capital cost allowance – Contractor's movable equipment IT-307R4 Spousal or common-law partner registered retirement savings plans IT-309R2 Premiums on life insurance used as collateral IT-313R2 Eligible capital property – Rules where a taxpayer has ceased carrying on a business or has died IT-320R3 Qualified investments – Trusts governed by registered retirement savings plans, registered education savings plans and registered retirement income funds IT-322R Farm losses IT-325R2 Property transfers after separation, divorce and annulment IT-326R3 Returns of deceased persons as "another person" IT-328R3 Losses on shares on which dividends have been received IT-334R2 Miscellaneous receipts IT-335R2 Indirect payments IT-337R4(C) Retiring allowances IT-339R2 Meaning of "private health services plan" IT-340R(SR) Scholarships, fellowships, bursaries and research grants – Forgivable loans, repayable awards and repayable employment income IT-341R4 Expenses of issuing or selling shares, units in a trust, interests in a partnership or syndicate and expenses of borrowing money IT-342R Trusts – Income payable to beneficiaries IT-343R Meaning of the term corporation IT-346R Commodity futures and certain commodities IT-349R3 Intergenerational transfers of farm property on death IT-350R Investigation of site IT-352R2 Employee's expenses, including work space in home expenses IT-357R2 Expenses of training IT-359R2 Premiums and other amounts with respect to leases IT-360R2 Interest payable in a foreign currency IT-361R3 Exemption from part XIII tax on interest payments to non-residents IT-362R Patronage dividends IT-364 Commencement of business operations IT-365R2 Damages, settlements, and similar receipts IT-369R(SR) Attribution of trust income to settlor IT-371 Rental property – Meaning of "principal business" IT-373R2(C) Woodlots IT-378R Winding-up of a partnership IT-379R Employees profit-sharing plans – Allocations to beneficiaries IT-381R3 Trusts – Capital gains and losses and the flow-through of taxable capital gains to beneficiaries IT-384R(SR) Reassessment where option exercised in subsequent year IT-385R2 Disposition of an income interest in a trust IT-386R Eligible capital amounts IT-387R2(C) Meaning of "identical properties" IT-389R Vacation pay trusts established under collective agreements IT-391R Status of corporations IT-393R2 Election re tax on rents and timber royalties – Non-residents IT-394R2 Preferred beneficiary election IT-395R2 Foreign tax credit – Foreign-source capital gains and losses IT-396R Interest income IT-397R(SR) Amounts excluded from income – Statutory exemptions and certain service or RCMP pensions, allowances and compensation IT-400(SR) Exploration and development expenses – Meaning of principal-business corporation IT-403R Options on real estate IT-404R Payments to lottery ticket vendors IT-406R2 Tax payable by an inter vivos trust IT-407R4(C) Disposition of cultural property to designated Canadian institutions IT-411R Meaning of "construction" IT-412R2 Foreign property of registered plans IT-413R Election by members of a partnership under subsection 97(2) IT-416R3 Valuation of shares of a corporation receiving life insurance proceeds on death of a shareholder IT-417R2 Prepaid expenses and deferred charges IT-418 Capital cost allowance – Partial dispositions of property IT-419R2 Meaning of arm's length IT-420R3(SR) Non-residents – Income earned in Canada IT-421R2 Benefits to individuals, corporations and shareholders from loans or debt IT-422 Definition of tools IT-425 Miscellaneous farm income IT-426R Shares sold subject to an earnout agreement IT-427R Livestock of farmers IT-428 Wage loss replacement plans IT-430R3(C) Life insurance proceeds received by a private corporation or a partnership as a consequence of death IT-432R2 Benefits conferred on shareholders IT-433R Farming or fishing – Use of cash method IT-434R(SR) Rental of real property by individual IT-437R Ownership of property (principal residence) IT-438R2 Crown charges – Resource properties in Canada IT-440R2 Transfer of rights to income IT-442R Bad debts and reserves for doubtful debts IT-443(SR) Leasing property – Capital cost allowance restrictions IT-444R Corporations – Involuntary dissolutions IT-447 Residence of a trust or estate IT-448(SR) Dispositions – Changes in terms of securities IT-450R Share for share exchange IT-451R Deemed disposition and acquisition on ceasing to be or becoming resident in Canada IT-454 Business transactions prior to incorporation IT-456R(SR) Capital property – Some adjustments to cost base IT-457R Election by professionals to exclude work in progress from income IT-458R2 Canadian-controlled private corporation IT-459 Adventure or concern in the nature of trade IT-460 Dispositions – Absence of consideration IT-462 Payments based on production or use IT-463R2 Paid-up capital IT-464R CCA – Leasehold interests IT-465R Non-resident beneficiaries of trusts IT-467R2 Damages, settlements and similar payments IT-468R Management or administration fees paid to non-residents IT-469R Capital cost allowance – Earth-moving equipment IT-470R(C) Employees' fringe benefits IT-471R Merger of partnerships IT-472(SR) Capital cost allowance – Class 8 property IT-473R Inventory valuation IT-474R2 Amalgamations of Canadian corporations IT-475 Expenditures on research and for business expansion IT-476R Capital cost allowance – Equipment used in petroleum and natural gas activities IT-477(C) Capital cost allowance – Patents, franchises, concessions and licences IT-478R2 Capital cost allowance – Recapture and terminal loss IT-479R(SR) Transactions in securities IT-481(C) Timber resource property and timber limits IT-482R Pipelines IT-484R2 Business investment losses IT-485 Cost of clearing or levelling land IT-487 General limitation on deduction of outlays or expenses IT-489R Non-arm's length sale of shares to a corporation IT-490 Barter transactions IT-491(SR) Former business property IT-492 Capital cost allowance – Industrial mineral mines IT-494 Hire of ships and aircraft from non-residents IT-495R3 Child care expenses IT-496R Non-profit organizations IT-497R4 Overseas employment tax credit IT-499R Superannuation or pension benefits IT-500R Registered retirement savings plans – Death of an annuitant IT-501(SR) Capital cost allowance – Logging assets IT-502(SR) Employee benefit plans and employee trusts IT-504R2(C) Visual artists and writers IT-506 Foreign income taxes as a deduction from income IT-508R Death benefits IT-510 Transfers and loans of property made after May 22, 1985 to a related minor IT-511R Interspousal and certain other transfers and loans of property IT-512 Determination and redetermination of losses IT-513R Personal tax credits IT-514 Work space in home expenses IT-515R2 Education tax credit IT-516R2 Tuition tax credit IT-518R Food, beverages and entertainment expenses IT-519R2(C) Medical expense and disability tax credits and attendant care expense deduction IT-520(C) Unused foreign tax credits – Carryforward and carryback IT-521R Motor vehicle expenses claimed by self-employed individuals IT-522R Vehicle, travel and sales expenses of employees IT-523 Order of provisions applicable in computing an individual's taxable income and tax payable IT-524 Trusts – Flow-through of taxable dividends to a beneficiary – After 1987 IT-525R(C) Performing artists IT-526 Farming – Cash method inventory adjustments IT-527 Distress preferred shares IT-528 Transfers of funds between registered plans IT-529 Flexible employee benefit programs IT-530R Support payments IT-531 Eligible funeral arrangements IT-532 Part I.3 – Tax on large corporations IT-533 Interest deductibility and related issues Part 4 – Numerical Listing of Technical News Number Subject TN-22 General Anti-Avoidance Rule (GAAR) Employee Benefits Rectification Orders Shareholder/Manager Remuneration Large Corporation Tax – Capital Tax Cases Limitation Laws on Collection Actions Tax Shelters News Release – Rulings Position Commission Income Transferred to Corporation Series of Transactions International Taxation TN-23 List of "Approved" Entities for the Purpose of Scientific Research and Experimental Development Computer Software TN-24 Legal Costs to Obtain Support Amounts Cancellation of Interpretation Bulletins Correction to the French Version of IT-519R2 (Consolidated) TN-25 E-Commerce Reasonable Expectation of Profit Health and Welfare Trusts Refreshing Losses Replacement Property Rules and Business Expansion Foreign Exchange Losses Dividend Reinvestment Plans Silicon Graphics Ltd. ...

Please send your comments to: Income Tax Rulings Directorate Legislative Policy and Regulatory Affairs Branch Canada Revenue Agency Ottawa ON K1A 0L5 All Interpretation Bulletins can be found on the Canada Revenue Agency Web site at: www.cra.gc.ca/menu/ITSC-eng.html Part 1 – Sectional Index by primary references Income Tax Act Income Tax Act Section Title Bulletin or Technical News 2 Determination of an individual's residence status IT‑221R3(C) 2(1) Residence of a trust or estate IT‑447 3 Price adjustment clauses IT‑169 3 Separate businesses IT‑206R 3 Miscellaneous receipts IT‑334R2 3 Damages, settlements, and similar receipts IT‑365R2 3 Non-residents – Income earned in Canada IT‑420R3(SR) 3 Rental of real property by individual IT‑434R(SR) 3 Barter transactions IT‑490 3 International Financial Reporting Standards TN-42 3(a) Gains from theft, defalcation or embezzlement IT‑256R 3(d) Losses – Their deductibility in the loss year or in other years IT‑232R3 6 Athletes and players employed by football, hockey and similar clubs IT‑168R3 6(1)(a) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(1)(a) Health and welfare trusts for employees IT‑85R2 6(1)(a) Employee fringe benefits IT‑470R(C) 6(1)(a) Flexible employee benefit programs IT‑529 6(1)(a) Administrative policy change for taxable employment benefits TN‑40 6(1)(e), (e.1) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(1)(f) Wage loss replacement plans IT‑428 6(1)(g), (h) Employee benefit plans and employee trusts IT‑502(SR) 6(1)(k), (l) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(1.1) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(2), (2.1) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 6(3) Payments by employer to employee IT‑196R2(SR) 6(6) Employment at special work sites or remote work locations IT‑91R4 6(7) Benefits, including standby charge for an automobile, from the personal use of a motor vehicle supplied by an employer – After 1992 IT‑63R5 7 Benefits to employees – Stock options IT‑113R4 7(1.4) Employee stock option deduction TN‑38 7(8) Stock benefit withholding requirements TN‑41 8(1)(c) Clergy Residence Deduction IT‑141R(C) 8(1)(f) Vehicle, travel and sales expenses of employees IT‑522R 8(1)(h), (h.1) Vehicle, travel and sales expenses of employees IT‑522R 8(1)(i)(i) Employees' professional membership's dues IT‑158R2 8(1)(i)(ii), (iii) Employee's expenses, including work space in home expenses IT‑352R2 8(1)(i)(iv), (vi) Dues paid to a union or to a parity or advisory committee IT‑103R 8(1)(j) Vehicle, travel and sales expenses of employees IT‑522R 8(1)(m) Registered pension funds or plans – Employees' contributions IT‑167R6 8(1)(p), (q) Performing artists IT‑525R(C) 9 Conversion of property, other than real property, fro­m or to inventory IT‑102R2 9 Corporations used by practising members of professions IT‑189R2 9 Profits, capital gains and losses from the sale of real estate, including farmland and inherited land and conversion of real estate from capital property to inventory and vice versa IT‑218R 9 Government assistance – General comments IT‑273R2 9 Commodity futures and certain commodities IT‑346R 9 Woodlots IT‑373R2(C) 9 Payments to lottery ticket vendors IT‑404R 9 Prepaid expenses and deferred charges IT‑417R2 9 Visual artists and writers IT‑504R2(C) 9(1) Income of contractors IT‑92R2 9(1) Foreign exchange gains and losses IT‑95R 9(1) Lawyers' trust accounts and disbursements IT‑129R 9(1) Surface rentals and farming operations IT‑200 9(1) Prepayment of rents IT‑261R 9(1) Premiums and other amounts with respect to leases IT‑359R2 9(1) Miscellaneous farm income IT‑425 9(1) Business transactions prior to incorporation IT‑454 9(1) Prepaid income – Whether subsection 9(1) or paragraph 12(1)(a) applies TN‑30 10 Inventory valuation IT‑473R 10(1) International Financial Reporting Standards TN-42 10(4), (5) Supplies on hand at the end of a fiscal period IT‑51R2(SR) 12(1)(a) Prepaid income – Whether subsection 9(1) or paragraph 12(1)(a) applies TN‑30 12(1)(a) International Financial Reporting Standards TN‑42 12(1)(b) Sale of property – When included in income computation IT‑170R 12(1)(b) International Financial Reporting Standards TN-42 12(1)(c) Interest income IT‑396R 12(1)(c) Taxation of Roth IRAs TN-43 12(1)(g) Payments based on production or use IT‑462 12(1)(j) Taxable dividends from corporations resident in Canada IT‑67R3 12(1)(o) Crown charges – Resources properties in Canada IT‑438R2 12(1)(o) Safe income calculation –The Kruco case TN‑34 12(1)(x) Government assistance – General comments IT‑273R2 12(1)(x) Application of paragraph 12(1)(x) TN‑29 12(4) Taxation of Roth IRAs TN‑43 12.2 Policyholders' income from life insurance policies IT‑87R2 13(1) Capital cost allowance – Recapture and terminal loss IT‑478R2 13(4), (4.1) Exchanges of property IT‑259R4 13(5) Capital cost allowance – Transferred and misclassified property IT‑190R2 13(5.1) Capital cost allowance – Leasehold interests IT‑464R 13(6) Capital cost allowance – Transferred and misclassified property IT‑190R2 13(7.1) Government assistance – General comments IT‑273R2 13(21) Capital cost allowance – Depreciable property IT‑128R 13(21) Sale of property – When included in income computation IT‑170R 13(21) Capital cost allowance – Proceeds of disposition of depreciable property IT‑220R2(SR) 13(21) Capital cost allowance – Partial dispositions of property IT‑418 13(21) Dispositions – Absence of consideration IT‑460 13(21) Timber resource property and timber limits IT‑481(C) 13(21.1) Capital cost allowance – Proceeds of disposition of depreciable property IT‑220R2(SR) 14 Disposition of and transactions involving eligible capital property IT‑123R4 14 Transactions involving eligible capital property IT‑123R6 14(1), (5) Eligible capital amounts IT‑386R 14(5) Meaning of eligible capital expenditure IT‑143R3 14(6), (7) Exchanges of property IT‑259R4 15(1) Benefits conferred on shareholders IT‑432R2; TN-44 15(1) Single-purpose corporations TN‑31R2 15(1)(c) Rights to buy additional shares IT‑116R3 15(2) Debts of shareholders and certain persons connected with shareholders IT‑119R4 18(1) Expenses of training IT‑357R2 18(1)(a) Legal and accounting fees IT‑99R5(C) 18(1)(a) Deductibility of fines or penalties IT‑104R3 18(1)(a) Losses from theft, defalcation or embezzlement IT‑185R(C) 18(1)(a) Membership dues – Associations and societies IT‑211R 18(1)(a) Prepayments of rents IT‑261R 18(1)(a) Commencement of business operations IT‑364 18(1)(a) Damages, settlements and similar payments IT‑467R2 18(1)(a) Expenditures on research and for business expansion IT‑475 18(1)(a) General limitation on deduction of outlays or expenses IT‑487 18(1)(a) Motor vehicle expenses claimed by self-employed individuals IT‑521R 18(1)(b) Customer lists and ledger accounts IT‑187 18(1)(b) Damages, settlements and similar payments IT‑467R2 18(1)(b) Expenditures on research and for business expansion IT‑475 18(1)(c), (e) Damages, settlements and similar payments IT‑467R2 18(1)(e) Prepaid income – Whether subsection 9(1) or paragraph 12(1)(a) applies TN‑30 18(1)(h) Damages, settlements and similar payments IT‑467R2 18(1)(l) Recreational properties and club dues IT‑148R3 18(1)(m) Crown charges – Resource properties in Canada IT‑438R2 18(1)(t) Income tax treatment of GST TN‑38 18(2), (2.2)-(2.5), (3) Land developers – Subdivision and development costs and carrying charges on land IT‑153R3 18(4) Interest on debts owing to specified non‑residents ("thin capitalization") IT‑59R3 18(4) International Financial Reporting Standards TN-42 18(4)(a)(ii) Thin capitalization TN‑38 18(9) Prepaid expenses and deferred charges IT‑417R2 18(12) Work space in home expenses IT‑514 20(1)(a) Capital cost allowance – Buildings or other structures IT‑79R3 20(1)(a) Capital cost allowance – Depreciable property IT‑128R 20(1)(a) Capital cost allowance – Accelerated write‑off of manufacturing and processing machinery and equipment IT‑147R3 20(1)(a) Capital cost allowance – Vessels IT‑267R2 20(1)(a) Capital cost allowance – General comments IT‑285R2 20(1)(a) Condominiums IT‑304R2 20(1)(a) Capital cost allowance – Contractor's movable equipment IT‑306R2 20(1)(a) Definition of tools IT‑422 20(1)(a) Capital cost allowance – Leasehold interests IT‑464R 20(1)(a) Capital cost allowance – Earth‑moving equipment IT‑469R 20(1)(a) Capital cost allowance – Class 8 property IT‑472(SR) 20(1)(a) Capital cost allowance – Equipment used in petroleum and natural gas activities IT‑476R 20(1)(a) Capital cost allowance – Patents, franchises, concessions and licences IT‑477(C) 20(1)(a) Cost of clearing or levelling land IT‑485 20(1)(a) Capital cost allowance – Industrial mineral mines IT‑492 20(1)(a) Capital cost allowance – Logging assets IT‑501(SR) 20(1)(a) International Financial Reporting Standards TN-42 20(1)(c) Interest deductibility and related issues IT‑533 20(1)(c)(ii) Income trust and interest deductibility TN‑34 20(1)(e), (e.1) Expenses of issuing or selling shares, units in a trust, interests in a partnership or syndicate, and expenses of borrowing money IT‑341R4 20(1)(e.2) Premiums on life insurance used as collateral IT‑309R2 20(1)(f) Foreign exchange losses TN‑25 20(1)(f) Exchangeable debentures TN‑41; TN-44 20(1)(l) Bad debts and reserves for doubtful debts IT‑442R 20(1)(m) Prepaid income – Whether subsection 9(1) or paragraph 12(1)(a) applies TN‑30 20(1)(m) Reserve for prepaid amount: Impact of the Ellis Vision case TN‑32 20(1)(m) International Financial Reporting Standards TN‑42 20(1)(m)-(m.2) Special reserves IT‑154R 20(1)(n) Special reserves – Sale of land IT‑152R3 20(1)(n) Special reserves IT‑154R 20(1)(n) International Financial Reporting Standards TN-42 20(1)(p) Bad debts and reserves for doubtful debts IT‑442R 20(1)(q) Administrative costs of pension plans IT‑105 20(1)(aa) Cost of clearing or levelling land IT‑485 20(1)(bb) Fees paid to investment counsel IT‑238R2 20(1)(dd) Investigation of site IT‑350R 20(8) Special reserves – Sale of land IT‑152R3 20(10) Convention expenses IT‑131R2 20(11), (12) Foreign income taxes as a deduction from income IT‑506 20(16) Capital cost allowance – Leasehold interests IT‑464R 20(16) Capital cost allowance – Recapture and terminal loss IT‑478R2 22 Sale of accounts receivable IT‑188R(SR) 23 Sale of inventory IT‑287R2 24 Eligible capital property – Rules where a taxpayer has ceased carrying on a business or has died IT‑313R2 28 Farming or fishing – Use of cash method IT‑433R 28 Farming – Cash method inventory adjustments IT‑526 28(1) Livestock of farmers IT‑427R 30 Cost of clearing or levelling land IT‑485 31 Farm losses IT‑322R 31(1) Restricted farm losses TN‑30 34 Election by professionals to exclude work in progress from income IT‑457R 37 Scientific research and experimental development expenditures [after December 15, 1987] IT‑151R4 37 Scientific research and experimental development expenditures [after December 2, 1992] IT‑151R5 37(1), (2) List of "approved" entities for the purpose of scientific research and experimental development TN‑23 38 International Financial Reporting Standards TN‑42 38(a.1)(i) Donation of flow-through shares TN‑41 39 Transactions in securities IT‑479R(SR) 39 International Financial Reporting Standards TN-42 39(1) Shares sold subject to an earnout agreement IT‑426R 39(1)(a)(i.1) Dispositions of cultural property to designated Canadian institutions IT‑407R4(C) 39(1)(c) Business investment losses IT‑484R2 39(2) Imperial Oil and the treatment of foreign currency loans TN‑38 39(2) Conversion of debt TN‑44 40 International Financial Reporting Standards TN-42 40(2)(b),(c) Principal residence IT‑120R6 40(2)(f) Prizes from lottery schemes, pool system betting and giveaway contests IT‑213R 43 Part dispositions IT‑264R(SR) 44 Exchanges of property IT‑259R4 44(1) Former business property IT‑491(SR) 47 Meaning of "identical properties" IT‑387R2(C) 48 Deemed disposition and acquisition on ceasing to be or becoming resident in Canada IT‑451R 49 Options on real estate IT‑403R 49(1)(b), (c) Options granted by corporations to acquire shares, bonds or debentures and by trusts to acquire trust units IT‑96R6 49(4) Reassessment where option exercised in subsequent year IT‑384R(SR) 50(1)(a) Capital debts established to be bad debts IT‑159R3 50(2) Capital debts established to be bad debts IT‑159R3 51 Convertible property TN-44 51(1) Fractional interests in shares IT‑115R2 53(1) Capital property – Some adjustments to cost base IT‑456R(SR) 53(1)(e) Life insurance proceeds received by a private corporation or a partnership as a consequence of death IT‑430R3(C) 53(2) Capital property – Some adjustments to cost base IT‑456R(SR) 53(2)(k) Government assistance – General comments IT‑273R2 54 Shares entitling shareholders to choose taxable or capital dividends IT‑146R4 54 Corporations – Involuntary dissolutions IT‑444R 54 Dispositions – Changes in terms of securities IT‑448(SR) 54 Dispositions – Absence of consideration IT‑460 54 Stock exchange transactions – Date of disposition of shares IT‑133 54 Sale of property – When included in income computation IT‑170R 54 Principal residence IT‑120R6 54 Ownership of property (principal residence) IT‑437R 55(1) Creation of capital losses TN‑34 55(2) Income earned or realized – the Kruco case TN‑33 55(2) Safe income calculation – The Kruco case TN‑34 55(2) Safe income calculation – Treatment of non-deductible expenses TN‑37 55(5)(b),(c) Safe income calculation – The Kruco case TN‑34 56(1)(a)(i) Superannuation or pension benefits IT‑499R 56(1)(a)(ii) Retiring allowances IT‑337R4(C) 56(1)(a) (iii) Death benefits IT‑508R 56(1)(n) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(1)(n) Canada Council grants IT‑257R 56(1)(o) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(1)(r) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(1)(v) Employees' or workers' compensation IT‑202R2 56(1)(aa) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(2) Indirect payments IT‑335R2 56(3) Scholarships, fellowships, bursaries, prizes, research grants and financial assistance IT‑75R4 56(4) Transfer of rights to income IT‑440R2 59(1) Dispositions of resource properties IT‑125R4 59(3.2)(c) Dispositions of resource properties IT‑125R4 59.1 Dispositions of resource properties IT‑125R4 60(b) Support payments IT‑530R 60(j) Transfers of funds between registered plans IT‑528 60(j.1) Retiring allowances IT‑337R4(C) 60(l) Transfers of funds between registered plans IT‑528 60(q) Scholarships, fellowships, bursaries, and research grants – Forgivable loans, repayable awards and repayable employment income IT‑340R(SR) 62 Moving expenses IT‑178R3(C) 63 Child care expenses IT‑495R3 64 Medical expense and disability tax credits and attendant care expense deduction IT‑519R2(C) 66(15) Exploration and development expenses – Meaning of principal-business corporation IT‑400(SR) 66.1(6) Capital cost allowance – Equipment used in petroleum and natural gas activities IT‑476R 66.2(1) Dispositions of resource properties IT‑125R4 66.2(5) Capital cost allowance – Equipment used in petroleum and natural gas activities IT‑476R 66.2(6) Dispositions of resource properties IT‑125R4 66.4(6) Dispositions of resource properties IT‑125R4 67 Reasonableness of shareholder/manager remuneration TN‑30 67.1 Food, beverages and entertainment expenses IT‑518R 67.6 Income tax treatment of GST TN‑38 69 Inter vivos gifts of capital property to individuals directly or through trusts IT‑209R(SR) 69(11) Corporate loss utilisation transactions TN‑30 69(11) Loss consolidation – Unanimous shareholder agreements TN‑34 69(11) Sale of tax losses TN‑34 70(1) Income of deceased persons – Periodic payments and investment tax credit IT‑210R2 70(2) Income of deceased persons – Rights or things IT‑212R3(SR) 70(2) Income of deceased persons – Farm crops IT‑234 70(5) Buy-sell agreements IT‑140R3 70(5) Valuation of shares of a corporation receiving life insurance proceeds on death of a shareholder IT‑416R3 70(5.1) Eligible capital property – Rules where a taxpayer has ceased carrying on a business or has died IT‑313R2 70(5.2) Dispositions of resources properties IT‑125R4 70(5.3) Valuation of shares of a corporation receiving life insurance proceeds on death of a shareholder IT‑416R3 70(6), (6.1), (7), (8) Testamentary spouse trusts IT‑305R4 70(9)-(9.3), (10), (13), (14) Intergenerational transfers of farm property on death IT‑349R3 73(1) Property transfers after separation, divorce and annulment IT‑325R2 73(3), (4) Inter vivos transfer of farm property to child [before 1993] IT‑268R3(SR) 73(3), (4) Inter vivos transfer of farm property to child [after 1992] IT‑268R4 74.1(1) Interspousal and certain other transfers and loans of property IT‑511R 74.1(2) Transfers and loans of property made after May 22, 1985 to related minor IT‑510 74.2 Interspousal and certain other transfers and loans of property IT‑511R 75(2) Attribution of trust income to settlor IT‑369R(SR) 76(4) Deferred cash purchase tickets issued for grain IT‑184R 78 Unpaid amounts IT‑109R2 78(4) Subsection 78(4) – Liability assumed by third party TN‑38 80 Debtor's gain on settlement of debt IT‑293R(SR) 80(2)(k) Foreign exchange losses TN‑25 80(3) Settlement of debts on the winding-up of a corporation IT‑142R3 80.4 Benefits to individuals, corporations and shareholders from loans or debt IT‑421R2 80.5 Benefits to individuals, corporations and shareholders from loans or debt IT‑421R2 81(1)(a) Amounts excluded from income – Statutory exemptions and certain service or RCMP pensions, allowances and compensation IT‑397R(SR) 81(1)(h) Application of paragraph 81(1)(h) TN‑31R2 81(3) Taxation of elected officers of incorporated municipalities, school boards, municipal commissions and similar bodies IT‑292 82(3) Taxable dividends received after 1987 by a spouse IT‑295R4 83(2)-(2.4) Capital dividends IT‑66R6 84(2) Meaning of "winding-up" IT‑126R2 84.1 Non-arm's length sale of shares to a corporation IT‑489R 85(1) Transfer of property to a corporation under subsection 85(1) IT‑291R3 85(3) Winding-up of a partnership IT‑378R 85.1(1), (2), (2.1) Share for share exchange IT‑450R 85.1(3), (4) General anti-avoidance rule and audit issues/concerns TN‑34 86.1 Foreign spin-offs with "poison pill" shareholder reports plans TN‑28 87 Amalgamations of Canadian corporations IT‑474R2 87(2.1) Losses of a corporation – The effect that acquisitions of control, amalgamations, and windings-up have on their deductibility – After January 15, 1987 IT‑302R3 88(1) Meaning of "winding-up" IT‑126R2 88(1.1), (1.2) Losses of a corporation – The effect that acquisitions of control, amalgamations, and windings-up have on their deductibility – After January 15, 1987 IT‑302R3 88(2) Winding-up dividend IT‑149R4 88.1 Deemed disposition and acquisition on ceasing to be or becoming resident in Canada IT‑451R 89(1) Capital dividends IT‑66R6 89(1) Status of corporations IT‑391R 89(1) Life insurance proceeds received by a private corporation or a partnership as a consequence of death IT‑430R3(C) 89(1) Paid-up capital IT‑463R2 89(1) Eligible dividend designation TN‑41 89(1.1), (1.2) Capital dividends IT‑66R6 89(8) LRIP addition – ceasing to be CCPC TN‑44 89(14) Eligible dividend designation TN‑41 94 Canada-U.S. treaty's competent authority provision TN‑38 94(1)(d) Taxation of Roth IRAs TN‑43 94(4) Taxation of Roth IRAs TN‑43 95(1) Meaning of the term "corporation" IT‑343R 95(1) Taxation of Roth IRAs TN-43 95(6) Scope of application TN‑32 95(6) General anti-avoidance rule and audit issues/concerns TN‑34 95(6) Update on subsection 95(6) TN‑34 95(6)(b) Update on subsection 95(6) TN‑34, TN 36 95(6)(b) Application of paragraph 95(6)(b) TN‑38 96 Partnerships – Income of non‑resident partners IT‑81R 96 What is a partnership? ... IT-91R4 Employment at special work sites or remote work locations IT-92R2 Income of contractors IT-95R Foreign exchange gains and losses IT-96R6 Options granted by corporations to acquire shares, bonds or debentures and by trusts to acquire trust units IT-99R5(C) Legal and accounting fees IT-102R2 Conversion of property, other than real property, from or to inventory IT-103R Dues paid to a union or to a parity or advisory committee IT-104R3 Deductibility of fines or penalties IT-105 Administrative costs of pension plans IT-106R3 Crown corporation employees abroad IT-109R2 Unpaid amounts IT-110R3 Gifts and official donation receipts IT-113R4 Benefits to employees – Stock options IT-115R2 Fractional interest in shares IT-116R3 Rights to buy additional shares IT-119R4 Debts of shareholders and certain persons connected with shareholders IT-120R6 Principal residence IT-123R4 Disposition of and transactions involving eligible capital property IT-123R6 Transactions involving eligible capital property IT-124R6 Contributions to registered retirement savings plans IT-125R4 Dispositions of resource properties IT-126R2 Meaning of "winding-up" IT-128R Capital cost allowance – Depreciable property IT-129R Lawyers' trust accounts and disbursements IT-130 Capital property owned on December 31, 1971 – Actual cost of property owned by a testamentary trust IT-131R2 Convention expenses IT-133 Stock exchange transactions – Date of disposition of shares IT-137R3(SR) Additional tax on certain corporations carrying on business in Canada IT-140R3 Buy-sell agreements IT-141R(C) Clergy residence deduction IT-142R3 Settlement of debts on the winding-up of a corporation IT-143R3 Meaning of eligible capital expenditure IT-145R(C) Canadian manufacturing and processing profits – Reduced rate of corporate tax IT-146R4 Shares entitling shareholders to choose taxable or capital dividends IT-147R3 Capital cost allowance – Accelerated write-off of manufacturing and processing machinery and equipment IT-148R3 Recreational properties and club dues IT-149R4 Winding-up dividend IT-151R4 Scientific research and experimental development expenditures IT-151R5(C) Scientific research and experimental development expenditures IT-152R3 Special reserves – Sale of land IT-153R3 Land developers – Subdivision and development costs and carrying charges on land IT-154R Special reserves IT-155R3(SR) Exemption from non-resident tax on interest payable on certain bonds, debentures, notes, hypothecs or similar obligations IT-158R2 Employees' professional membership dues IT-159R3 Capital debts established to be bad debts IT-167R6 Registered pension plans – Employees' contributions IT-168R3 Athletes and players employed by football, hockey and similar clubs IT-169 Price adjustment clauses IT-170R Sale of property – When included in income computation IT-173R2(SR) Capital gains derived in Canada by residents of the United States IT-176R2 Taxable Canadian property – Interests in and options on real property and shares IT-177R2(C) Permanent establishment of a corporation in a province IT-178R3(C) Moving expenses IT-184R Deferred cash purchase tickets issued for grain IT-185R(C) Losses from theft, defalcation or embezzlement IT-187 Customer lists and ledger accounts IT-188R(SR) Sale of accounts receivable IT-189R2 Corporations used by practising members of professions IT-190R2 Capital cost allowance – Transferred and misclassified property IT-195R4 Rental property – Capital cost allowance restrictions IT-196R2(SR) Payments by employer to employee IT-200 Surface rentals and farming operations IT-201R2 Foreign tax credit – Trusts and beneficiaries IT-202R2 Employees' or workers' compensation IT-206R Separate businesses IT-209R(SR) Inter vivos gifts of capital property to individuals directly or through trusts IT-210R2 Income of deceased persons – Periodic payments and investment tax credit IT-211R Membership dues – Associations and societies IT-212R3(SR) Income of deceased persons – Rights or things IT-213R Prizes from lottery schemes, pool system betting and giveaway contests IT-218R Profit, capital gains and losses from the sale of real estate, including farmland and inherited land and conversion of real estate from capital property to inventory and vice versa IT-220R2(SR) Capital cost allowance – Proceeds of disposition of depreciable property IT-221R3(C) Determination of an individual's residence status IT-226R Gift to a charity of a residual interest in real property or an equitable interest in a trust IT-231R2 Partnerships – Partners not dealing at arm's length IT-232R3 Losses – Their deductibility in the loss year or in other years IT-234 Income of deceased persons – Farm crops IT-238R2 Fees paid to investment counsel IT-242R Retired partners IT-243R4 Dividend refund to private corporations IT-244R3 Gifts by individuals of life insurance policies as charitable donations IT-256R Gains from theft, defalcation or embezzlement IT-257R Canada Council grants IT-259R4 Exchanges of property IT-261R Prepayments of rents IT-262R2 Losses of non-residents and part-year residents IT-264R(SR) Part dispositions IT-267R2 Capital cost allowance – Vessels IT-268R3(SR) Inter vivos transfer of farm property to child [before 1993] IT-268R4 Inter vivos transfer of farm property to child IT-269R4 Part IV tax on taxable dividends received by a private corporation or a subject corporation IT-270R3 Foreign tax credit IT-273R2 Government assistance – General comments IT-274R Rental properties – Capital cost of $50,000 or more IT-278R2 Death of a partner or of a retired partner IT-280R(SR) Employees profit-sharing plans – Payments computed by reference to profits IT-285R2 Capital cost allowance – General comments IT-286R2 Trusts – Amount payable IT-287R2 Sale of inventory IT-288R2 Gifts of capital properties to a charity and others IT-291R3 Transfer of property to a corporation under subsection 85(1) IT-292 Taxation of elected officers of incorporated municipalities, school boards, municipal commissions and similar bodies IT-293R(SR) Debtor's gain on settlement of debt IT-295R4 Taxable dividends received after 1987 by a spouse IT-297R2 Gifts in kind to charity and others IT-302R3 Losses of a corporation – The effect that acquisitions of control, amalgamations, and windings-up have on their deductibility – After January 15, 1987 IT-303(SR) Know-how and similar payments to non-residents IT-304R2 Condominiums IT-305R4 Testamentary spouse trusts IT-306R2 Capital cost allowance – Contractor's movable equipment IT-307R4 Spousal or common-law partner registered retirement savings plans IT-309R2 Premiums on life insurance used as collateral IT-313R2 Eligible capital property – Rules where a taxpayer has ceased carrying on a business or has died IT-320R3 Qualified investments – Trusts governed by registered retirement savings plans, registered education savings plans and registered retirement income funds IT-322R Farm losses IT-325R2 Property transfers after separation, divorce and annulment IT-326R3 Returns of deceased persons as "another person" IT-328R3 Losses on shares on which dividends have been received IT-334R2 Miscellaneous receipts IT-335R2 Indirect payments IT-337R4(C) Retiring allowances IT-339R2 Meaning of "private health services plan" IT-340R(SR) Scholarships, fellowships, bursaries and research grants – Forgivable loans, repayable awards and repayable employment income IT-341R4 Expenses of issuing or selling shares, units in a trust, interests in a partnership or syndicate and expenses of borrowing money IT-342R Trusts – Income payable to beneficiaries IT-343R Meaning of the term corporation IT-346R Commodity futures and certain commodities IT-349R3 Intergenerational transfers of farm property on death IT-350R Investigation of site IT-352R2 Employee's expenses, including work space in home expenses IT-357R2 Expenses of training IT-359R2 Premiums and other amounts with respect to leases IT-360R2 Interest payable in a foreign currency IT-361R3 Exemption from part XIII tax on interest payments to non-residents IT-362R Patronage dividends IT-364 Commencement of business operations IT-365R2 Damages, settlements, and similar receipts IT-369R(SR) Attribution of trust income to settlor IT-371 Rental property – Meaning of "principal business" IT-373R2(C) Woodlots IT-378R Winding-up of a partnership IT-379R Employees profit-sharing plans – Allocations to beneficiaries IT-381R3 Trusts – Capital gains and losses and the flow-through of taxable capital gains to beneficiaries IT-384R(SR) Reassessment where option exercised in subsequent year IT-385R2 Disposition of an income interest in a trust IT-386R Eligible capital amounts IT-387R2(C) Meaning of "identical properties" IT-389R Vacation pay trusts established under collective agreements IT-391R Status of corporations IT-393R2 Election re tax on rents and timber royalties – Non-residents IT-394R2 Preferred beneficiary election IT-395R2 Foreign tax credit – Foreign-source capital gains and losses IT-396R Interest income IT-397R(SR) Amounts excluded from income – Statutory exemptions and certain service or RCMP pensions, allowances and compensation IT-400(SR) Exploration and development expenses – Meaning of principal-business corporation IT-403R Options on real estate IT-404R Payments to lottery ticket vendors IT-406R2 Tax payable by an inter vivos trust IT-407R4(C) Disposition of cultural property to designated Canadian institutions IT-411R Meaning of "construction" IT-412R2 Foreign property of registered plans IT-413R Election by members of a partnership under subsection 97(2) IT-416R3 Valuation of shares of a corporation receiving life insurance proceeds on death of a shareholder IT-417R2 Prepaid expenses and deferred charges IT-418 Capital cost allowance – Partial dispositions of property IT-419R2 Meaning of arm's length IT-420R3(SR) Non-residents – Income earned in Canada IT-421R2 Benefits to individuals, corporations and shareholders from loans or debt IT-422 Definition of tools IT-425 Miscellaneous farm income IT-426R Shares sold subject to an earnout agreement IT-427R Livestock of farmers IT-428 Wage loss replacement plans IT-430R3(C) Life insurance proceeds received by a private corporation or a partnership as a consequence of death IT-432R2 Benefits conferred on shareholders IT-433R Farming or fishing – Use of cash method IT-434R(SR) Rental of real property by individual IT-437R Ownership of property (principal residence) IT-438R2 Crown charges – Resource properties in Canada IT-440R2 Transfer of rights to income IT-442R Bad debts and reserves for doubtful debts IT-443(SR) Leasing property – Capital cost allowance restrictions IT-444R Corporations – Involuntary dissolutions IT-447 Residence of a trust or estate IT-448(SR) Dispositions – Changes in terms of securities IT-450R Share for share exchange IT-451R Deemed disposition and acquisition on ceasing to be or becoming resident in Canada IT-454 Business transactions prior to incorporation IT-456R(SR) Capital property – Some adjustments to cost base IT-457R Election by professionals to exclude work in progress from income IT-458R2 Canadian-controlled private corporation IT-459 Adventure or concern in the nature of trade IT-460 Dispositions – Absence of consideration IT-462 Payments based on production or use IT-463R2 Paid-up capital IT-464R CCA – Leasehold interests IT-465R Non-resident beneficiaries of trusts IT-467R2 Damages, settlements and similar payments IT-468R Management or administration fees paid to non-residents IT-469R Capital cost allowance – Earth-moving equipment IT-470R(C) Employees' fringe benefits IT-471R Merger of partnerships IT-472(SR) Capital cost allowance – Class 8 property IT-473R Inventory valuation IT-474R2 Amalgamations of Canadian corporations IT-475 Expenditures on research and for business expansion IT-476R Capital cost allowance – Equipment used in petroleum and natural gas activities IT-477(C) Capital cost allowance – Patents, franchises, concessions and licences IT-478R2 Capital cost allowance – Recapture and terminal loss IT-479R(SR) Transactions in securities IT-481(C) Timber resource property and timber limits IT-482R Pipelines IT-484R2 Business investment losses IT-485 Cost of clearing or levelling land IT-487 General limitation on deduction of outlays or expenses IT-489R Non-arm's length sale of shares to a corporation IT-490 Barter transactions IT-491(SR) Former business property IT-492 Capital cost allowance – Industrial mineral mines IT-494 Hire of ships and aircraft from non-residents IT-495R3 Child care expenses IT-496R Non-profit organizations IT-497R4 Overseas employment tax credit IT-499R Superannuation or pension benefits IT-500R Registered retirement savings plans – Death of an annuitant IT-501(SR) Capital cost allowance – Logging assets IT-502(SR) Employee benefit plans and employee trusts IT-504R2(C) Visual artists and writers IT-506 Foreign income taxes as a deduction from income IT-508R Death benefits IT-510 Transfers and loans of property made after May 22, 1985 to a related minor IT-511R Interspousal and certain other transfers and loans of property IT-512 Determination and redetermination of losses IT-513R Personal tax credits IT-514 Work space in home expenses IT-515R2 Education tax credit IT-516R2 Tuition tax credit IT-518R Food, beverages and entertainment expenses IT-519R2(C) Medical expense and disability tax credits and attendant care expense deduction IT-520(C) Unused foreign tax credits – Carryforward and carryback IT-521R Motor vehicle expenses claimed by self-employed individuals IT-522R Vehicle, travel and sales expenses of employees IT-523 Order of provisions applicable in computing an individual's taxable income and tax payable IT-524 Trusts – Flow-through of taxable dividends to a beneficiary – After 1987 IT-525R(C) Performing artists IT-526 Farming – Cash method inventory adjustments IT-527 Distress preferred shares IT-528 Transfers of funds between registered plans IT-529 Flexible employee benefit programs IT-530R Support payments IT-531 Eligible funeral arrangements IT-532 Part I.3 – Tax on large corporations IT-533 Interest deductibility and related issues Part 4 – Numerical Listing of Technical News Number Subject TN-22 General Anti-Avoidance Rule (GAAR) Employee Benefits Rectification Orders Shareholder/Manager Remuneration Large Corporation Tax – Capital Tax Cases Limitation Laws on Collection Actions Tax Shelters News Release – Rulings Position Commission Income Transferred to Corporation Series of Transactions International Taxation TN-23 List of "Approved" Entities for the Purpose of Scientific Research and Experimental Development Computer Software TN-24 Legal Costs to Obtain Support Amounts Cancellation of Interpretation Bulletins Correction to the French Version of IT-519R2 (Consolidated) TN-25 E-Commerce Reasonable Expectation of Profit Health and Welfare Trusts Refreshing Losses Replacement Property Rules and Business Expansion Foreign Exchange Losses Dividend Reinvestment Plans Silicon Graphics Ltd. ...

Ontario (Labour Relations Board), [1993] 3 S.C.R. 327. [Footnote 5] Patrick Boyle, Sharon Gulliver, Gérald Lalonde, Anne-Marie Levesque, and Paul Lynch, “The GAAR Committee: Myth and Reality,” 2002 Conference Report, pp. 10:8 – 10:9. ...

Ontario (Labour Relations Board), [1993] 3 S.C.R. 327. [Footnote 5] Patrick Boyle, Sharon Gulliver, Gérald Lalonde, Anne-Marie Levesque, and Paul Lynch, “The GAAR Committee: Myth and Reality,” 2002 Conference Report, pp. 10:8 – 10:9. ...

Chart 2: Interest to report for "C" bonds if you want to change to the annual accrual method For each series: Series 42 Series 43 Series 44 A- Face value of bonds B- Amount from line A divided by 100 = = = C- Interest amount x 15.05 x 35.78 x 23.10 Line B x Line C Include this amount on line 121 = = = For Series 42 bonds, you should have reported $33.19 on your 1990 return, $34.90 on your 1993 return, and $32.57 on your 1996 return. ... You: bought certain new buildings, machinery, or equipment and they were used in certain areas of Canada in qualifying activities such as farming, fishing, logging, or manufacturing; have unclaimed credits from the purchase of qualified small business property from December 3, 1992, to December 31, 1993; have an amount in box 13 of your T101 or T102 slip; have an amount in box 41 of your T3 slip; or have an amount in box 38 of your T5013 slip, or an amount is shown on the financial statement given to you by a partnership. ...

You: bought certain new buildings, machinery, or equipment and they were used in certain areas of Canada in qualifying activities such as farming, fishing, logging, or manufacturing; have unclaimed credits from the purchase of qualified small business property from December 3, 1992, to December 31, 1993; have an amount shown in box 13 of your T101 or T102 slip; have an amount shown in box 41 of your T3 slip; have an amount shown in box 38 of your T5013 slip; or have an amount shown on the financial statement given to you by a partnership. ...