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Technical Interpretation - Internal
8 December 2003 Internal T.I. 2003-0042537 F - CIEE & SRAS
8 December 2003 Internal T.I. 2003-0042537 F- CIEE & SRAS Also released under document number 2003-00425370. ... Comme pour chaque projet l'autorisant, la société a demandé à l'Agence des douanes et du revenu du Canada (l' " ADRC ") une autorisation de réduction d'impôt en vertu de l'article 122.3 de la Loi de l'impôt sur le revenu (la " Loi ") pour ces employés, car tous les critères étaient respectés, notamment celui de la période de six mois consécutifs à l'étranger. ... Durant la réalisation de ce projet, le Syndrome respiratoire aigu sévère (le " SRAS ") sévissait au Canada. ...
GST/HST Ruling
17 September 2012 GST/HST Ruling 128262 - AND INTERPRETATION – […][food supplied in variety Pre-Pack]
The Pre-Pack is sold by […] (the manufacturer). 2. You have described the Pre-Pack as follows: * A pre-packaged assortment of meals and snacks […]. * It is sold by the manufacturer as a single stock keeping unit (sku) containing an assortment of [#] different individual skus packaged and wrapped in a display ready box which is typically placed in the centre aisle of the retail location and unwrapped. * When taking into account the products included in the Pre-Pack, […]% of the products are taxable and not zero-rated based upon the retail value of the products. * The Pre-Pack is sold as a single sku for a single price. 3. ... In [correspondence] dated [mm/dd/yyyy], […], an employee of the manufacturer, provided the following additional information: […] […][The employee] also provided the following information which lists the components of the Pre--Pack and the wholesale as well as the retail prices: […] Retail Wholesale Total Value: taxable product $[…] $[…] Total Value: taxable + zero-rated $[…] $[…] Percentage Taxable […]% […]% 5. In the above Pre-Pack breakdown you have stated the tax status of each of the [#] products included in the Pre-Pack. […] 6. […]. 7. ...
Current CRA website
T1236 Qualified Donees Worksheet / Amounts provided to other organizations
T1236 Qualified Donees Worksheet / Amounts provided to other organizations Download instructions for fillable PDFs You must download the accessible fillable PDF to your computer. ... Accessible Fillable PDF (t1236-fill-19e.pdf) Previous years: Accessible Fillable PDFs This form is also available for the years listed below: 2018 – Fillable PDF (t1236-fill-18e.pdf) 2015 – Fillable PDF (t1236-fill-15e.pdf) 2014 – Fillable PDF (t1236-fill-14e.pdf) 2013 – Fillable PDF (t1236-fill-13e.pdf) 2010 – Fillable PDF (t1236-fill-10e.pdf) 2009 – Fillable PDF (t1236-fill-09e.pdf) 2005 – Fillable PDF (t1236-fill-05e.pdf) Print and fill out by hand Standard print PDF (t1236-19e.pdf) Previous years: Standard print PDFs This form is also available for the years listed below: 2018 – Standard print PDF (t1236-18e.pdf) 2015 – Standard print PDF (t1236-15e.pdf) 2014 – Standard print PDF (t1236-14e.pdf) 2013 – Standard print PDF (t1236-13e.pdf) 2010 – Standard print PDF (t1236-10e.pdf) 2009 – Standard print PDF (t1236-09e.pdf) 2005 – Standard print PDF (t1236-05e.pdf) 2002 – Standard print PDF (t1236-02e.pdf) Ask for an alternate format You can order alternate formats such as digital audio, electronic text, braille, and large print. ...
Ruling
3 June 1991 Ruling 910933 F - Draft Health & Welfare Trust
3 June 1991 Ruling 910933 F- Draft Health & Welfare Trust Unedited CRA Tags 15(1), 6(1)(a)(i), 18(1)(a), 248(1) group term life insurance Re: Draft Health & Welfare Trust This is in reply to your memorandum dated March 27, 1991 wherein you requested our comments as to the acceptability of the trust agreement as a Health & Welfare Trust. The following are our general comments and areas of concerns with respect to the draft Health & Welfare Trust agreement. ... As stated in paragraph 1 of IT-85R2, in order to qualify as a Health & Welfare Trust, the benefit programs funded through the trust must be restricted to one or more of the following plans: a) a private health services plan, b) a group term life insurance policy, or c) a group sickness or accident insurance plan. ...
Current CRA website
Chapter 14 - 8506 – Money Purchase Provisions
Chapter 14- 8506 – Money Purchase Provisions On this page 14 8506 – Money Purchase Provisions 14.1 8506(1) – Permissible Benefits 14.1.1 8506(1)(a) – Lifetime retirement benefits 14.1.2 8506(1)(b) – Bridging benefits 14.1.3 8506(1)(c) – Guarantee period 14.1.4 8506(1)(d) – Post-retirement survivor benefits 14.1.5 8506(1)(e) – Pre-retirement survivor benefits 14.1.6 8506(1)(e.1) – Variable benefits 14.1.7 8506(1)(e.2) – Variable Payment Life Annuity 14.1.8 8506(1)(f) – Payment from account 14.1.9 8506(1)(g) – Payments from account after death 14.1.10 8506(1)(h) – Commutation of benefits 14.1.11 8506(1)(i) – Commutation of benefits after death 14.2 8506(2) – Additional Conditions 14.2.1 8506(2)(a) – Employer contributions acceptable to the Minister 14.2.2 8506(2)(b) – Employer contributions with respect to particular members 14.2.3 8506(2)(b.1) – Allocation of employer contributions 14.2.4 8506(2)(c) – Employer contributions not permitted 14.2.5 8506(2)(c.1) – Contributions not permitted 14.2.6 8506(2)(d) – Return of contributions 14.2.7 8506(2)(e) – Allocation of earnings 14.2.8 8506(2)(f) – Payment or reallocation of forfeited amounts 14.2.9 8506(2)(g) – Retirement benefits 14.2.10 8506(2)(h) – Undue deferral of payment – Death of the member 14.2.11 8506(2)(i) –Undue deferral of payment – Death of a specified beneficiary 14.3 8506(2.1) – Alternative Method for Allocating Employer Contributions 14.4 8506(3) – Reallocation of Forfeitures 14.5 8506(4) – Non-Payment of Minimum Amount – Plan Revocable 14.6 8506(5) – Minimum Amount 14.7 8506(6) – Determination of Account Balance 14.8 8506(7) – When the Minimum Amount is Nil 14.9 8506(8) – Specified Beneficiary 14.10 8506(9) and (10) – Adjusted Minimum Amount for 2008 14.11 8506(13)- VPLA fund 14 8506 – Money Purchase Provisions Section 8506 of the Regulations describes the benefits that may be provided under an MP provision of a pension plan and contains conditions applicable to a plan that has an MP provision. ... Cross references: Transfer of surplus – DB to MP – 147.3(4.1) Transfer where MP replaces DB provision – 147.3(8) Pension credit MP provision – 8301(4) Transfer of property between provisions – 8502(k) Newsletter No. 94-2, Technical Questions and Answers 14.2.5 8506(2)(c.1) – Contributions not permitted Contributions or amounts transferred from another RPP are not permitted for a member after the calendar year in which he or she turns 71. ... Plan text Plans must provide that any forfeited amounts and related earnings will be paid or reallocated by the end of the year following the year in which they arose Cross references: Pension Credit – MP Provision – 8301(4) Payment from Account – 8506(1)(f) Extension of timeline for Reallocation of Forfeitures – 8506(3) 14.2.9 8506(2)(g) – Retirement benefits Plans must state how the retirement benefits will be provided. ...
Archived CRA website
ARCHIVED – Budget 2012 - Employees profit sharing plans (EPSPs)
ARCHIVED – Budget 2012- Employees profit sharing plans (EPSPs) Archived content Information identified as archived is provided for reference, research or recordkeeping purposes. ... An excess EPSP amount of a specified employee for a taxation year in respect of an employer is determined as follows: Determination if there is an excess EPSP amount All amounts paid by the employer or by a non-arm's length corporation to the EPSP that are allocated for the year to the specified employee A Less: 20% of the specified employee's total income for the year (excluding EPSP allocations, stock option benefits and deductions in computing income from an office or employment)- B Excess EPSP amount (Line A minus Line B, if the amount is negative, enter "0") = C Q5. ... The tax on the excess EPSP amount is calculated as follows: Calculation of the tax on the excess EPSP amount The total of all excess EPSP amounts of the specified employee for the year A Multiplied by the following rates Federal marginal tax rate 29% B Where, at the end of the year, the specified employee: is resident in the province of Quebec, enter 0%; is resident in a province other than Quebec, enter the highest personal income tax rate that applies for the year to a resident of that province; or in any other case, enter 14%. + % C Total rate (Line B + Line C) = % > % D Tax on excess EPSP amount (Line A multiplied by Line D) Q6. ...
Archived CRA website
ARCHIVED – Budget 2012 - Employees profit sharing plans (EPSPs)
ARCHIVED – Budget 2012- Employees profit sharing plans (EPSPs) We have archived this page and will not be updating it. ... An excess EPSP amount of a specified employee for a taxation year in respect of an employer is determined as follows: Determination if there is an excess EPSP amount All amounts paid by the employer or by a non-arm's length corporation to the EPSP that are allocated for the year to the specified employee A Less: 20% of the specified employee's total income for the year (excluding EPSP allocations, stock option benefits and deductions in computing income from an office or employment)- B Excess EPSP amount (Line A minus Line B, if the amount is negative, enter "0") = C Q5. ... The tax on the excess EPSP amount is calculated as follows: Calculation of the tax on the excess EPSP amount The total of all excess EPSP amounts of the specified employee for the year A Multiplied by the following rates Federal marginal tax rate 29% B Where, at the end of the year, the specified employee: is resident in the province of Quebec, enter 0%; is resident in a province other than Quebec, enter the highest personal income tax rate that applies for the year to a resident of that province; or in any other case, enter 14%. + % C Total rate (Line B + Line C) = % > % D Tax on excess EPSP amount (Line A multiplied by Line D) Q6. ...
Old website (cra-arc.gc.ca)
Reason code 1C – Amounts paid in error
For details on how to calculate your total rebate, go to RC4033- General Application for GST/HST Rebates, under "Part C – Rebate claimed". ... GST paid = $2,000 × 6% = $120 Divided by 6 = $120 ÷ 6 = $20 Total amount you can claim under reason code 1C is $20. ... HST paid = $2,000 × 14% = $280 Divided by 14 = $280 ÷ 14 = $20 Total amount you can claim under reason code 1C is $20. ...
Conference
9 October 2015 APFF Financial Strategies and Instruments Roundtable Q. 3, 2015-0588951C6 F - Deductibility of interest – ss. 20.1(1)
L’unique actionnaire d’une société privée sous contrôle canadien (« SPCC ») avance des fonds à sa société pour financer les activités de celle-ci. ... Byram, 1999 CAF Dossier A-684-94 (« Byram »). L’ARC a d’ailleurs reconnu les effets favorables de la décision Byram à plusieurs reprises lors de la publication d’interprétations techniques. ... Bref, les avances de 253 985 $ n’avaient plus qu’une JVM maximale de 10 000 $ à ce moment. ...
GST/HST Ruling
20 February 2012 GST/HST Ruling 136623 - GST/HST Ruling - Application of GST/HST to [...] [ABC] kits [a single supply of ingredients]
The Product is sold in a [...] box and consists of three elements: [...]. 2. [...] [Element 1] are in their original packaging from the supplier ([...] grams per [...]). 3. [...] ... Per the suggestion on the Product package [...]. 6. One [ABC] kit makes [#] individual [...]. ...