Search - 赤峰 二中 初中学区划分 2002

Income Tax Technical News No. 22, 11 January 2002-- summary under Rectification & Rescission Summary Under Tax Topics- General Concepts- Rectification & Rescission ...

IT-73R6 "The Small Business Deduction" 26 March 2002-- summary under Income of the Corporation for the Year From an Active Business Summary Under Tax Topics- Income Tax Act- Section 125- Subsection 125(7)- Income of the Corporation for the Year From an Active Business Reserve claimed against business income is business income when reversed 4.... ... Meaning of "pertains to" or "incident to" 5. … The courts have found that, in interpreting the meaning of "pertains to" or "incident to" in context, there has to be a financial relationship of dependence of some substance between the property in question and the active business before the property is considered to be incident to or to pertain to the active business carried on by the corporation. ... If a corporation is incorporated to earn income by doing business, there is a general presumption that profits arising from its activities are derived from a business …. ...

GST/HST Memorandum (New Series) 19.1 January 12, 2002-- summary under Subsection 228(4) Summary Under Tax Topics- Excise Tax Act- Section 228- Subsection 228(4) After noting that registrants who are using or supplying the required real estate primarily in the course of commercial activities should report the acquisition on the regular (GST 34) return rather than GST 60, CRA states (at para. 90): Note that if the recipient pays the tax to the supplier in error, the obligation to self-assess the tax under subsection 228(4) is not relieved. Example – For example, Developer A, a registrant, takes over a construction project from Developer B, also a registrant, by purchasing the land and the units already under construction. ...

28 March 2002 Interpretation 34565-- summary under Subsection 181(4) Summary Under Tax Topics- Excise Tax Act- Section 181- Subsection 181(4) no GST on air miles applied to ticket price A member of a frequent flyer award program exchanged accumulated credits (XXXXX Miles) in exchange for an award ticket for travel within North America and also was required to pay various airport taxes as well as the GST ($44 U.S. funds) in respect of the award ticket. ... VII, s. 3 and that the definition of "coupon" encompasses intangible devices that have the characteristics of a traditional paper coupon…[including] the type of mileage credit issued [here] CCRA stated: The CCRA has taken the position that subsection 181(4) applies to coupons that are accumulated and redeemed after certain thresholds are met (e.g. points, award miles or other similar devices). … Therefore, airlines...would be required to collect the GST/HST on the net value of the consideration for the award ticket once the accumulated mileage credits have been applied to reduce the value of the consideration for the supply. ...

Income Tax Technical News, No. 25 (Archived), 30 October 2002-- summary under Subsection 15(1) Summary Under Tax Topics- Income Tax Act- Section 15- Subsection 15(1) up to 5% discount for DRIP is acceptable Dividend Reinvestment Plans A "Dividend Reinvestment Plan" or "DRIP" is an arrangement under which the common shareholders of a public corporation are entitled to direct that cash otherwise receivable by them as regular dividends be used to purchase additional common shares of the corporation, usually at a discount from their market price. DRIPs sometimes also have an "Optional Purchase" component under which participants under the DRIP are entitled to purchase a limited number of common shares, in addition to those purchased with reinvested dividends, usually at market price. … [I]t is the longstanding administrative practice of the CCRA that a subsection 15(1) benefit will not be assessed in respect of a benefit arising from the reinvestment of dividends in additional shares under a DRIP, provided that the amount paid for the additional shares is not less than 95% of their fair market value. ...

CRA responded As indicated in … 37442 (July 30, 2002) a decision on whether to accept a backdated effective date for a section 211 election falls within the purview of the Domestic Compliance Programs Branch … [which] will only consider the backdating of a section 211 election in exceptional circumstances. ...