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Technical Interpretation - Internal
3 May 2010 Internal T.I. 2009-0338901I7 - Adjusted Ontario SR & ED incentive balance
3 May 2010 Internal T.I. 2009-0338901I7- Adjusted Ontario SR & ED incentive balance Unedited CRA Tags TA 49(7) Principal Issues: Interpretation of TA 49(7). ... The amount of a corporation's adjusted Ontario SR&ED incentive balance is determined by the formula (M- N- P) / C. ... No ITCs expired in 2009 The variables of the formula would then be as follows: M = $110 Q = $110- $110 R = $50 N = nil (nil- $50) P = $40 The adjusted Ontario SR&ED incentive balance is equal to $70 ($110- $40). ...
Current CRA website
Chart 3 – Calculating the revised adjusted cost base (ACB) of capital property (other than a flow-through entity)
Chart 3 – Calculating the revised adjusted cost base (ACB) of capital property (other than a flow-through entity) Note The CRA offers a printer-friendly version of this chart that is identical to the one in the printed Capital Gains guide. ... Adjusted cost base (ACB) calculation for capital property FMV of the property at the end of February 22, 1994 from Step 1 of Form T664 or T664 (Seniors) Blank space to input proceeds of disposition Blank space to input amount Line 1 Designated proceeds of disposition: Column 2 of Chart B of Form T664, or column 2 in Step 2 of Form T664 (Seniors) Blank space to input amount Line 2 Amount from line 1 Blank space to input amount × multiply by 1.1 = Equals − Minus Line 3 Line 2 minus line 3 (if negative, enter "0") = Equals − Minus Line 4 Line 1 minus line 4 (if negative, enter "0") = Equals Line 5 If the property is non-qualifying real property, enter the amount from column 4 of Chart B of Form T664, or from column 4 in Step 2 of Form T664 (Seniors). Otherwise, enter "0". − Minus Line 6 Revised ACB on February 23, 1994: Line 5 minus line 6 (if negative, enter "0") = Equals Line 7 Use the amount from line 7 to calculate the capital gain or loss when you sell the capital property. ...
Technical Interpretation - External
9 March 1993 External T.I. 9231155 - Option d'achat d'actions — D.A.S.
9 March 1993 External T.I. 9231155- Option d'achat d'actions — D.A.S. ... De plus, vous apportez les considérations suivantes.. Mis à part la période pendant laquelle l'employé peut exercer son option d'achat d'actions, l'employeur n'a habituellement pas de contrôle sur la date où l'employé exerce effectivement son option.. Effectuer des retenues à la source sur un tel avantage peut préjudicier l'employé en raison des difficultés financières que pourrait occasionner de telles retenues.. ...
Technical Interpretation - External
24 November 1993 External T.I. 9331475 - Surplus Pot Shares — Disposition
24 November 1993 External T.I. 9331475- Surplus Pot Shares — Disposition Unedited CRA Tags 54 disposition 933147 XXXXXXXXXX M.P. Sarazin (613) 957-2118 Attention: XXXXXXXXXX November 24, 1993 Dear Sirs: Re: Clause 54(c)(ii)(A) of the Income Tax Act (Canada)(the "Act") This is in reply to your letter dated October 26, 1993 wherein you requested our comments as to whether or not the elimination of a share's right to an automatic allocation of corporate profits would result in a disposition of such share under clause 54(c)(ii)(A) of the Act in the following situation. ...
Archived CRA website
ARCHIVED — RC7190-BC GST190 British Columbia Rebate Schedule
ARCHIVED — RC7190-BC GST190 British Columbia Rebate Schedule Download instructions for fillable PDFs You must download the accessible fillable PDF to your computer. ... Previous years: Accessible Fillable PDFs This form is also available for the years listed below: 2017 – Fillable PDF (rc7190-bc-fill-17e.pdf) 2013 – Fillable PDF (rc7190-bc-fill-13e.pdf) 2012 – Fillable PDF (rc7190-bc-fill-12e.pdf) 2010 – Fillable PDF (rc7190-bc-fill-10e.pdf) Print and fill out by hand This form is no longer current. ... Previous years: Standard print PDFs This form is also available for the years listed below: N/A – Standard print PDF (rc7190-bc-e.pdf) 2017 – Standard print PDF (rc7190-bc-17e.pdf) 2013 – Standard print PDF (rc7190-bc-13e.pdf) 2012 – Standard print PDF (rc7190-bc-12e.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 13 - 8505 – Additional Benefits on Downsizing
Chapter 13- 8505 – Additional Benefits on Downsizing On this page... 13.1 8505(1) – Downsizing Program 13.2 8505(2) – Applicability of Downsizing Rules 13.2.1 8505(2)(a) – Acceptable Downsizing Program 13.2.2 8505(2)(b) – Qualifying Individual 13.2.3 8505(2)(c) – Specified Day (duration of program) 13.3 8505(2.1) – Qualifying Individual – Exclusion 13.4 8505(3) – Additional Lifetime Retirement Benefits 13.5 8505(3.1) – Re-employed Members 13.6 8505(4) – Early Retirement Reduction 13.7 8505(5) – Exception for Future Benefits 13.8 8505(6) – Alternative CPI Indexing 13.9 8505(7) – Exclusion from Maximum Pension Rules 13.10 8505(8) – Exemption from Past Service Contribution Rule 13.1 8505(1) – Downsizing Program The Regulations allow special benefits to be provided to a member of an RPP who is terminating employment under an early retirement program that has been approved by the Minister. ... Cross References: Acceptable Downsizing Program – 8505(2)(a) Connected Persons – 8500(3) Qualifying Individual – Exclusion – 8505(2.1) 13.2.3 8505(2)(c) –Specified Day (duration of program) A specified day in respect of an approved downsizing program is the day designated by the Minister by which the retirement benefits must start to be paid under subparagraph 8505(3)(c)(ii) of the Regulations. ... Cross References: Benefit Accruals After Pension Commencement – 8503(3)(b) Re-employed Member – 8503(9) & (10) Qualified Individuals – Exclusion – 8505(2.1) Early Retirement Reduction – 8505(4) 13.8 8505(6) – Alternative CPI Indexing Subsection 8505(6) of the Regulations allows for an alternative measure of inflation. ...
Current CRA website
The Canada Revenue Agency to Begin Mediation with Public Service Alliance of Canada – Union of Taxation Employees in mid-April
The Canada Revenue Agency to Begin Mediation with Public Service Alliance of Canada – Union of Taxation Employees in mid-April From: Canada Revenue Agency Statement The Canada Revenue Agency (CRA) values the important role its employees play from across the country in delivering services to Canadians. ... The CRA respects the collective bargaining process and remains committed to pursuing meaningful negotiations with the Public Service Alliance of Canada – Union of Taxation Employees (PSAC-UTE) with a view to conclude a new collective agreement that is both fair to employees and reasonable for Canadian taxpayers. ... Contacts Media Relations Canada Revenue Agency 613-948-8366 cra-arc.media@cra-arc.gc.ca- 30- Search for related information by keyword: Taxes | Canada Revenue Agency | Canada | general public | statements Page details Date modified: 2023-03-31 ...
Archived CRA website
ARCHIVED – Family Caregiver Amount (FCA)
ARCHIVED – Family Caregiver Amount (FCA) Archived content Information identified as archived is provided for reference, research or recordkeeping purposes. ... Spouse or common-la w partner amount 2012 without FCA 2012 with FCA Base amount $10,822 12,822 Less: the net income of your spouse or common-law partner − − Allowable spouse or common-law partner amount (if negative, enter "0") = = Amount for children under age 18 2012 without FCA 2012 with FCA Allowable amount for children under age 18 $2,191 $4,191 Amount for an eligible dependant 2012 without FCA 2012 with FCA Base amount $10,822 $12,822 Less: Dependant's net income − − Allowable amount for an eligible dependant (if negative, enter "0") = = Amount for infirm dependants age 18 or older 2012 without FCA 2012 with FCA Base amount $10,822 $12,822 A Less: Dependant's net income − − B Line A minus line B (if negative, enter "0") = = C Maximum amount $4,402 $6,402 D The lesser of line C or D – Allowable amount for this dependant Caregiver Amount 2012 without FCA 2012 with FCA Base amount $19,435 $21,435 A Less: Dependant's net income − − B Line A minus line B (if negative, enter "0") = = C Maximum amount $4,402 $6,402 D The lesser of line C or D – Allowable amount for this dependant 5. ...
GST/HST Ruling
30 August 2018 GST/HST Ruling 185770 - – Non-resident insurer's eligibility to register for GST/HST
The Service Agreement provides that the parties are engaged […] in the provision of […] services […]. The services provided by each party are described in Appendix […] which include […]. ... You indicated that the […] activity (Administrative Services) of YCo’s Canadian branch to each of the […] parties under the Service Agreement consists of […] 9. ...
Current CRA website
Completing an Excise Duty Return – Special Excise Warehouse Licensee
Box 3 – Due date of return (YYYY-MM-DD) Enter the due date for this return. ... Line D – Inventory adjustments (+ or −) For each column, enter the necessary inventory adjustment. ... Line E – Closing inventory (A + B) − C ± D For each column, add the quantity on line A and the total on line B, subtract the total on line C, add or subtract the inventory adjustment on line D and enter the result on line E. ...