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Technical Interpretation - External
23 January 2023 External T.I. 2020-0865161E5 F - SSUC/CEWS – Sous-alinéa 125.7(4)e)(i) et personne
Position Adoptée: Aucune. / None. Raisons: Commentaires généraux. / General comments. XXXXXXXXXX 2020-086516 Le 23 janvier 2023 Monsieur, Objet: SSUC – sous-alinéa 125.7(4)e)(i) et personne autorisée à recevoir un montant La présente est en réponse à votre question concernant la Subvention salariale d’urgence du Canada (« SSUC ») prévue à l’article 125.7 de la Loi de l’impôt sur le revenu (« Loi »). ... Toutes les définitions aux fins de la SSUC, y compris les expressions « entité déterminée » et « revenu admissible », sont prévues au paragraphe 125.7(1). ...
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. ...
Current CRA website
RC633 Monthly Beer Revenue Worksheet – April 1, 2025 to March 31, 2026
RC633 Monthly Beer Revenue 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 (rc633-fill-25e.pdf) Previous years: Accessible Fillable PDFs This form is also available for the years listed below: 2024 – Fillable PDF (rc633-fill-24e.pdf) 2023 – Fillable PDF (rc633-fill-23e.pdf) 2022 – Fillable PDF (rc633-fill-07-22e.pdf) 2022 – Fillable PDF (rc633-fill-22e.pdf) 2021 – Fillable PDF (rc633-fill-21e.pdf) 2020 – Fillable PDF (rc633-fill-20e.pdf) Print and fill out by hand Standard print PDF (rc633-25e.pdf) Previous years: Standard print PDFs This form is also available for the years listed below: 2024 – Standard print PDF (rc633-24e.pdf) 2023 – Standard print PDF (rc633-23e.pdf) 2022 – Standard print PDF (rc633-07-22e.pdf) 2022 – Standard print PDF (rc633-22e.pdf) 2021 – Standard print PDF (rc633-21e.pdf) 2020 – Standard print PDF (rc633-20e.pdf) Ask for an alternate format You can order alternate formats such as digital audio, electronic text, braille, and large print. ...
Current CRA website
Chapter 3 - 147.2 – Pension Plan Contributions
Chapter 3- 147.2 – Pension Plan Contributions On this page... 3.1 147.2(1) – Deductible Employer Contributions 3.2 147.2(2) – Employer Contributions – Defined Benefit Provisions Example 3.3 147.2(3) – Filing of Actuarial Report 3.4 147.2(4) – Amount of Employee's Pension Contributions Deductible 3.4.1 147.2(4)(a) – Service After 1989 3.4.2 147.2(4)(b) – Service Before 1990, While not a Contributor 3.4.3 147.2(4)(c) – Service Before 1990, While a Contributor 3.5 147.2(5) – Teachers 3.6 147.2(6) – Deductible Contributions when Taxpayer Dies 3.7 147.2(7) – Letter of Credit 3.8 147.2(8) – Former Employee of Predecessor Employer 3.1 147.2(1) – Deductible Employer Contributions An employer's contribution to an RPP is deductible in computing the employer's income for a taxation year ending after 1990, if: the contribution is made in the year or within 120 days after the end of the year; it was not deducted in computing the employer's income in a previous taxation year; and it satisfies certain other conditions that depend on whether the contribution is made under a MP or DB provision of a plan or under a SMEP. ... Cross references: Pension adjustment limits – 147.1(8) Pension adjustment limits – multi-employer plans – 147.1(9) Member contributions for unfunded liability – 8501(6.1) Prescribed eligible contributions – 8501(6.2) Defined benefit provisions – 8503 Maximum benefits – 8504 3.4.2 147.2(4)(b) – Service Before 1990, While not a Contributor Paragraph 147.2(4)(b) of the Act applies to contributions made by an employee for years prior to 1990, where the employee was not a contributor to an RPP. ... Cross references: Pension adjustment limits – 147.1(8) Pension adjustment limits – multi-employer plans – 147.1(9) Limits on employee contributions to DB provisions – 8503(4)(a) 3.5 147.2(5) – Teachers Subsection 147.2(5) of the Act provides a special rule with regards to teachers. ...
Current CRA website
and Deemed Residents of Canada – Completing your return: Steps 5 and 6
Step 5 – Federal Tax Part A – Federal tax on taxable income Schedule A, Statement of World Income Part B – Federal non-refundable tax credits Schedule B, Allowable Amount of Federal Non-Refundable Tax Credits Canada caregiver amount Amounts for non-resident dependants Line 30300 – Spouse or common-law partner amount Line 30800 – Base CPP or QPP contributions through employment income Line 31000 – Base CPP or QPP contributions on self-employment and other earnings Line 31200 – Employment insurance premiums through employment Line 31205 – Provincial parental insurance plan (PPIP) premiums paid Line 31210 – PPIP premiums payable on employment income Line 31350 – Digital news subscription expenses Line 31600 – Disability amount for self Line 31800 – Disability amount transferred from a dependant Line 32400 – Tuition amount transferred from a child or grandchild Line 33099 – Medical expenses for self, spouse or common-law partner, and your dependent children under 18 years of age Part C – Net federal tax Line 40424 – Federal tax on split income Line 40425 – Federal dividend tax credit Line 131 – Federal surtax Line 135 – Recapture of investment tax credit Line 137 – Federal logging tax credit Line 41400 – Labour-sponsored funds tax credit Line 41800 – Special taxes Step 6 – Refund or balance owing Line 42200 – Social benefits repayment Line 42800 – Provincial or territorial tax Line 43700 – Total income tax deducted Line 43800 – Tax transfer for residents of Quebec Line 44000 – Refundable Quebec abatement Line 45000 – Employment insurance overpayment Line 45200 – Refundable medical expense supplement Line 45300 – Canada workers benefit (CWB) Line 45350 – Canada training credit (CTC) Line 45355 – Multigenerational home renovation tax credit (MHRTC) Line 46900 – Eligible educator school supply tax credit Line 47555 – Canadian journalism labour tax credit Line 47556 – Return of fuel charge proceeds to farmers tax credit Line 47557 – Air quality improvement tax credit Line 47600 – Tax paid by instalments Line 48400 – Refund Line 48500 – Balance owing Step 5 – Federal tax Follow the instructions in this section to calculate your federal tax, including the federal surtax for non-residents of Canada and deemed residents of Canada. ... Part B – Federal non-refundable tax credits Note This section does not provide supplementary information for lines ●❚▲ 30000, ●❚▲ 30100, ●❚▲ 30425, ●❚▲ 30450, ●❚▲ 30499, ●❚▲ 30500, ● 31215, ●❚▲ 31217, ●❚▲ 31220, ●❚▲ 31240, ●▲ 31260, ●❚▲ 31270, ●❚▲ 31285, ●❚▲ 31300, ●▲ 31400, ●❚▲ 31900, ●❚▲ 32300, ●❚▲ 32600, ●❚▲ 33199 and ●❚▲ 34900 as the instructions on the return or in other publications provide the information you need. ... For more information, see the Federal Worksheet. ⬤ Line 45300 – Canada workers benefit (CWB) If you were a deemed resident of Canada in 2023, you may be eligible for the CWB. ...
Ruling
1999 Ruling 9825943 F - PUC REFUND & SHARES TRANSFER TO RELATED CO.
1999 Ruling 9825943 F- PUC REFUND & SHARES TRANSFER TO RELATED CO. ... Désignation des parties Dans le présent document, « Monsieur » désigne xxxxxxxxxx, « Cargo » désigne xxxxxxxxxx, « Placement » désigne xxxxxxxxxx. ... La valeur de rachat de ces XXXXXXXXXX actions sera de XXXXXXXXXX $. Elles auront un compte de capital-actions émis et payé de XXXXXXXXXX $ et un capital versé égal à XXXXXXXXXX $. ...
Conference
3 November 2023 APFF Financial Strategies and Instruments Roundtable Q. 1, 2023-0976911C6 F - CELIAPP - Changement d'usage / FHSA - Change in use
/ An individual owns a house. Previously, he rented it in order to earn income. ... Compte d’épargne libre d’impôt pour l’achat d’une première propriété (« CELIAPP ») – Changement d’usage et retrait admissible Monsieur X, domicilié au Québec, a signé une offre d’achat le 1er janvier 2020 afin d’acheter une maison unifamiliale qu’il souhaite louer. ... Michel Ostiguy Le 3 novembre 2023 2023-097691 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, Formulaire RC725, « Demande pour effectuer un retrait admissible de votre CELIAPP » (« Formulaire RC725 »). ...
GST/HST Ruling
29 July 2015 GST/HST Ruling 161501 - – […][Baked Snack]
The Product contains bite sized pieces that are […], each piece approximately […] thick, […] wide and […] long. 2. ... The […] flavored Product has the following ingredients: […] 13. […]. 14. ... The Product: * has a salty and savoury taste; * is crispy and crunchy in texture; * is baked; * consists of small, sliced pieces, * is packaged in a bag similar to snack foods; * can be consumed directly by just opening the bag; and * is marketed with words such as […]. ...
Archived CRA website
ARCHIVED — T541 Forward Averaging Tax Calculations - Deceased Individuals
ARCHIVED — T541 Forward Averaging Tax Calculations- Deceased 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: 1997 – Standard print PDF (t541-97e.pdf) 1996 – Standard print PDF (t541-96e.pdf) 1995 – Standard print PDF (t541-95e.pdf) 1994 – Standard print PDF (t541-94e.pdf) 1993 – Standard print PDF (t541-93e.pdf) 1992 – Standard print PDF (t541-92e.pdf) 1991 – Standard print PDF (t541-91e.pdf) 1990 – Standard print PDF (t541-90e.pdf) 1989 – Standard print PDF (t541-89e.pdf) 1988 – Standard print PDF (t541-88e.pdf) Ask for an alternate format You can order alternate formats such as digital audio, electronic text, braille, and large print. ...
Current CRA website
Motor vehicle – Leasing costs
Motor vehicle – Leasing costs You can deduct costs you incur to lease a motor vehicle you use to earn income. ... To calculate your eligible leasing costs, fill in "Chart C – Eligible leasing cost for passenger vehicles" of your T2125, T2042, or T2121 form. ... Meadow entered the following for 2024: Monthly lease payment $500 Lease payments for 2024 $3,000 Manufacturer's suggested list price $33,000 Number of days in 2024 she leased the car 184 Prescribed CCA capital cost limit $37,000 Prescribed CCA capital cost limit × Prescribed limit rate: 37,000 × (100 ÷ 85) $43,529 Prescribed deductible leasing costs limit $1,050 GST and PST on $37,000 $4,810 GST and PST on $43,529 $5,659 GST and PST on $1,050 $137 Total lease charges incurred in 2024 fiscal period for the vehicle $3,000 1 Total lease payments deducted in fiscal periods before 2024 for the vehicle 0 2 Total number of days the vehicle was leased in 2024 and previous fiscal periods 184 3 Manufacturer's list price $33,000 4 The highest amount: line 4 or ($43,529 + $5,659) × 85% $41,810 5 ($1,050 × 1.13 × 184) ÷ 30 $7,277 6 ($41,810 × $3,000) ÷ $41,810 $3,000 7 Meadow's eligible leasing cost is either amount 6 or 7, whichever amount is less. ...