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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. ...

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