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Miscellaneous severed letter

7 July 1990 Income Tax Severed Letter - Application of subsection 15(2) to a hypothetical situation

Subparagraph 15(2)(a)(ii) specifically states that the employee must "... acquire a dwelling for his habitation". ...
Miscellaneous severed letter

31 May 1983 Income Tax Severed Letter RRR15 - Tax implications of setting up a pooled fund trust in the United States

B) subsection 206(1) of the Act does not apply to the pooled fund since it is none of the entities described in section 205; C) units of the pooled fund will constitute foreign property within paragraph 206(2)(h) of the Act to XXX and D) the reference in each of paragraphs 206(1)(a) and 206(1)(b) of the Act to "... the fair market value at the time of its acquisition by a taxpayer... ...
Miscellaneous severed letter

7 August 1990 Income Tax Severed Letter - Whether all property of predecessor corporations immediately before a merger become property of a new corporation by virtue of the merger

" (I think preamble in paragraph 5 was originally numbered as 5(a) and what is currently 5(a) and 5(b) are what the reviewer refers to when speaking of 5(b) and 5(c)) re: paragraph 14 "... ...
Miscellaneous severed letter

7 July 1990 Income Tax Severed Letter - Taxation of non-resident Indians

" Subsection 2(1) of the Indian Act provides that: " `Indian moneys' means all moneys collected, received or held by Her Majesty for the use and benefit of Indians or bands. ...
Miscellaneous severed letter

7 July 1991 Income Tax Severed Letter - Interpretation of subsection 110.6(8) involving the capital gains deduction in a particular situation

The matter of whether a significant part of the capital gain realized on the disposition of the common shares would be attributable to the fact dividends were not paid on the preferred shares is a question of fact that could not be determined without "... having regard to all the circumstances" [ss. 110.6(8)]. ...
Miscellaneous severed letter

28 May 1990 Income Tax Severed Letter RRRR233 - Tax treatment of paternity or separation agreements

CATHERINES DISTRICT OFFICE FROM Specialty Rulings ' DE Directorate D. ...
Miscellaneous severed letter

7 May 1990 Income Tax Severed Letter RRRR280 - Whether a will creates a trust

Shea-DesRosiers Chief of Assessing (613) 957-8953 Non-Resident Trusts Section 5- 9564 Whether the Will creates a Trust- Whether Subsection 70(5) of the Income Tax tax applies- Whether the Trust Agreement is a "trust" for the purposes of the Income Tax Act We have received a request from XXX concerning the application of subsection 104(1) of the Income Tax Act to the above-mentioned estate and the Trust Agreement as well as the application of subsection 70(5) of the Income Tax Act to the provisional heir upon his death. ...
Miscellaneous severed letter

28 April 1992 Income Tax Severed Letter - Reasonableness of a retiring allowance

SUBJECT: REASONABLENESS OF A RETIRING ALLOWANCE SECTION: 56(1)(a)(ii), 248(1)] PRAIRIE TAX CONFERENCE May 19 & 20, 1992 DRAFT/EBAUCHE Question 10 For a payment to be considered a retiring allowance and a deductible expense to the payer, the amount of the payment must be reasonable having regard to the length of service involved, its relationship to the remuneration received for the years of service and the value of other retirement benefits to which the employee is entitled. ...
Miscellaneous severed letter

9 March 1990 Income Tax Severed Letter AC59191 F - Lien de dépendance entre corporations - Exception pour droit conditionnel a invalidité permanente

Mignault dans Le droit civil canadien, tome 2, page 271, définit ainsi l'interdiction: "... la déclaration faite par la justice qu'une telle personne, étant privée de sa raison, (prodigue, ivrogne d'habitude ou adonnée b l'usage de l'opium ou autre narcotique,) et, par suite, incapable de faire par elle-même aucun acte valable, doit recevoir un (curateur), qui prendra soin d'elle, et la représentera dans les actes de la vie civile... l'état d'une personne qui, ayant été en fait reconnue incapable de se conduire elle-même, a été déclarée en droit incapable de faire aucun acte civil... ...
Miscellaneous severed letter

7 May 1990 Income Tax Severed Letter RRRR360 - Costumes used in a live theatre production

., & v.t. 1. a. Not changing in form or character, the same, unvarying, (present a uniform appearance; all of uniform size and shape;...);.... 2. n. ...

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