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GST/HST Ruling
11 April 2011 GST/HST Ruling 133908 - Tax Status of [...] Crackers
[The Product comes] in [...] flavours [...], and [...] in a [...]g box.. 2. The labelling of the Product [...]. 3. The [...] flavoured product is [...] 4. The Product's shape is [...]. 5. [...] [listing of the Product's ingredients] 6. [...] ...
GST/HST Ruling
11 June 2013 GST/HST Ruling 144979 - Tax status of [...] Snack Crackers
Product A is sold in [...]g multi-serving bags. [...]. 7. The contents of Product A are [...], with [...] packaged loosely in a bag. 8. ... The appearance of Product A is [...]. [...]. 11. Words such as [...] appear on the bag of Product A. 12. [...]. 13. ... Also, Product A is somewhat crunchy and [...] in texture like a traditional [...]. ...
Technical Interpretation - External
29 July 1998 External T.I. E9816275 - CEDOE, EXPLORATION & DEVELOPMENT EXPENSES
E9816275- CEDOE, EXPLORATION & DEVELOPMENT EXPENSES Unedited CRA Tags Rg 1204 CEDOE (d) Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department. ... The total of Company X’s costs in respect of the gas is $800 ($100 + $300 + $400). Company X had purchased the gas from Company Y, and Y’s costs in respect of the gas were $600 ($450 + $50 + $100). ...
Technical Interpretation - External
29 July 1998 External T.I. 9816275 - CEDOE, EXPLORATION & DEVELOPMENT EXPENSES
29 July 1998 External T.I. 9816275- CEDOE, EXPLORATION & DEVELOPMENT EXPENSES Unedited CRA Tags Rg 1204 CEDOE (d) Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department. ... The total of Company X’s costs in respect of the gas is $800 ($100 + $300 + $400). Company X had purchased the gas from Company Y, and Y’s costs in respect of the gas were $600 ($450 + $50 + $100). ...
Current CRA website
The Canada Pension Plan enhancement – Businesses, individuals, and self-employed: what it means for you
The total CPP amounts Damien will contribute are as follows: Annual contribution rate and amount on income below first earnings ceiling Damien (employee)- $45,000 income- Annual contribution rate and amount on income below first earnings ceiling Year Contribution rate split (employee/employer) First earnings ceiling Second earnings ceiling Damien's annual CPP contributions at 5.95% 2024 5.95% $68,500 $73,200 ($45,000- $3,500) × 5.95% = $2,469.25 2025 5.95% $71,300 $81,200 ($45,000- $3,500) × 5.95% = $2,469.25 2026 5.95% $74,600 $85,000 ($45,000- $3,500) × 5.95% = $2,469.25 Pierre (self-employed)- $75,000 income Pierre's situation is different since Pierre is self-employed. ... Annual contribution rate and amount on income below first earnings ceiling Pierre (self-employed)- $75,000 income- Annual contribution rate and amount on income below first earnings ceiling Year Contribution rate First earnings ceiling Second earnings ceiling Pierre's annual CPP contributions at 11.9% 2023 11.9% $66,600 N/A ($66,600- $3,500) × 11.9% = $7,508.90 2024 11.9% $68,500 $73,200 ($68,500- $3,500) × 11.9% = $7,735.00 2025 11.9% $71,300 $81,200 ($71,300- $3,500) × 11.9% = $8,068.20 2026 11.9% $74,600 $85,000 ($74,600- $3,500) × 11.9% = $8,460.90 Annual CPP2 contributions rate and amount on income above the first earnings ceiling up to the second earnings ceiling Pierre (self-employed)- $75,000 income- Annual CPP2 contributions rate and amount on income above the first earnings ceiling up to the second earnings ceiling Year Contribution rate First earnings ceiling Second earnings ceiling Contribution rate Pierre's annual CPP2 contributions at 8% 2024 8% $68,500 $73,200 8% ($73,200- $68,500) × 8% = $376 2025 8% $71,300 $81,200 8% ($75,000- $71,300) × 8% = $296 2026 8% $74,600 $85,000 8% ($75,000- $74,600) × 8% = $32 Pierre's total contributions will be: Pierre (self-employed)- $75,000 income- Pierre's total contributions will be: Year Base CPP contribution amount (11.9%) + CPP2 contributions (8%) = Total annual CPP contributions 2023 $7,508.90 N/A $7,508.90 2024 $7,735.00 $376 $8,111.00 2025 $8,068.20 $296 $8,364.20 2026 $8,460.90 $32 $8,492.90 Ayesha (employee)- $150,000 income Since Ayesha's income is higher than the first earnings ceiling, they will make base and first additional CPP contributions at 5.95% and, beginning in 2024, CPP2 contributions, 4% of YAMPE- YMPE. ... Annual contribution rate and amount on income below first earnings ceiling Ayesha (employee)- $150,000 income- Annual contribution rate and amount on income below first earnings ceiling Year Contribution rate split (employee/ employer) First earnings ceiling Second earnings ceiling Ayesha's annual CPP contributions at 5.95% 2023 5.95% $66,600 N/A ($66,600- $3,500) × 5.95% = $3,754.45 2024 5.95% $68,500 $73,200 ($68,500- $3,500) × 5.95% = $3,867.50 2025 5.95% $71,300 $81,200 ($71,300- $3,500) × 5.95% = $4,034.10 2026 5.95% $74,600 $85,000 ($74,600- $3,500) × 5.95% = $4,230.45 Annual CPP2 contributions rate and amount on income above first earnings ceiling up to second earnings ceiling Ayesha (employee)- $150,000 income- Annual CPP2 contributions rate and amount on income above first earnings ceiling up to second earnings ceiling Year Contribution rate split (employee/ employer) First earnings ceiling Second earnings ceiling Ayesha's annual CPP2 contributions at 4% 2023 N/A $66,600 N/A N/A 2024 4% $68,500 $73,200 ($73,200- $68,500) × 4% = $188 2025 4% $71,300 $81,200 ($81,200- $71,300) × 4% = $396 2026 4% $74,600 $85,000 ($81,200- $74,600) × 4% = $416 Ayesha's total contributions will be: Ayesha (employee)- $150,000 income- Ayesha's total contributions will then be: Year First contribution amount + CPP2 contribution amount = Total annual CPP contribution 2023 $3,754.45 $0 $3,754.45 2024 $3,867.50 $188 $4,055.50 2025 $4,034.10 $396 $4,430.10 2026 $4,230.45 $416 $4,646.45 More information For more information on payroll deductions, please visit the following pages on Canada.ca About the deduction of Canada Pension Plan (CPP) contributions How to calculate payroll deductions and contributions Payroll Deductions Online Calculator (PDOC), payroll tables, TD1s, and more For more information on CPP benefits, the CPP enhancements, and the Canada Workers benefit, please visit the following pages on Canada.ca CPP Retirement pension- How much you could receive Canada Pension Plan (CPP) and the CPP enhancement Canada Workers Benefit Search for related information by keyword: Pensions | Canada Revenue Agency | Canada | Taxes | general public | backgrounders Page details 2023-12-15 ...
Technical Interpretation - External
17 September 1993 External T.I. 9323300 - Non-résidents — Revenu gagné au Canada
17 September 1993 External T.I. 9323300- Non-résidents — Revenu gagné au Canada Unedited CRA Tags 214(13)(c), ITR 802, 805 Question 36 Non-résidents — revenu gagné au Canada Lorsqu'un non-résident exploitant une entreprise au Canada reçoit des montants visés à la Partie XIII, il y a risque d'assujettissement aux impôts de la Parties I, XIII et XIV. ... Une des étapes de la méthodologie d'interprétation fondée sur la règle moderne développée prévoit entre autres que: "Si, malgré que les termes soient clairs et non ambigus dans leur sens grammatical ordinaire, il existe des incohérences à l'intérieur même de la loi, ou entre celle-ci et des lois in part materia ou le droit en général, il faudra conférer aux termes un sens inhabituel qui fera disparaître les incohérences, à condition qu'ils puissent raisonnablement recevoir ce sens. ...
Administrative Letter
8 April 1992 Administrative Letter 920302A F - Whether Sale Redeems & Acquires Includes a Deemed Disposition
8 April 1992 Administrative Letter 920302A F- Whether Sale Redeems & Acquires Includes a Deemed Disposition Unedited CRA Tags ITR 230(2), ITR 230(3) April 8, 1992 W.S. Hume Business and General Director Division Assessment of Returns Directorate Bill Guglich (613) 957-2102 920302 Subject: T5008 Security Transactions Reporting This is in reply to your memorandum of January 24, 1991 wherein you request our views whether Regulations 230(2) and (3) require the reporting of deemed dispositions. ...
Old website (cra-arc.gc.ca)
Prince Edward Island: Transition to the Harmonized Sales Tax Tour Packages
Example 4 From Example 1, the registrant tour operator calculates the taxable percentages for the GST-taxable portion and the HST-taxable portions as follows: GST – taxable portion: $275 ÷ $2,000 = 3.75% 14% HST – taxable portion: $375 ÷ $2,000 = 18.75% 15% HST – taxable portion: $300 ÷ $2,000 = 15.00% Step 4: Determining the consideration for each taxable portion The next step is to determine the consideration for each taxable portion of the tour package. ... Example 6 From Example 1, the registrant tour operator calculates the GST and the HST on the tour package as follows: Selling price for the tour package $2,200.00 GST ($302.50 × 5%) $15.13 14% HST ($412.50 × 14%) $57.75 15% HST ($330.00 × 15%) $49.50 Total $2,322.38 Consequently, the registrant tour operator would charge the non-resident visitor to Canada a total GST/HST amount of $122.38 ($15.13 + $57.75 + $49.50 = $ 122.38). ... Using the amounts provided in Example 1, the registrant tour operator determines that: the taxable percentage of the GST-taxable portion of the tour package is 32.5% ($650 ÷ $2,000 = 32.5%) and the consideration for the GST-taxable portion is $715 ($2,200 × 32.5% = $715); and the taxable percentage of the 15% HST-taxable portion of the tour package is 15% ($300 ÷ $2,000 = 15.0%) and the consideration for the 15% HST taxable portion is $715 ($2,200 × 15% = $330.00). ...
Old website (cra-arc.gc.ca)
Example 2 – More than one bonus payment a year
Step 1: Divide the bonus you paid in January by the number of pay periods in the year ($300 ÷ 52 = $5.77) (amount 2). ... Step 2: Divide the last bonus you paid to Mario by the number of pay periods in the year ($780 ÷ 52 = $15) (amount 3). Add amounts 1, 2, and 3 to determine the adjusted weekly pay for the year of $420.77 ($400 + $5.77 + $15). ...
Current CRA website
Example 2 – More than one bonus payment a year
Step 1: Divide the bonus you paid in January by the number of pay periods in the year ($300 ÷ 52 = $5.77) (amount 2). ... Step 2: Divide the last bonus you paid to Mario by the number of pay periods in the year ($780 ÷ 52 = $15) (amount 3). Add amounts 1, 2, and 3 to determine the adjusted weekly pay for the year of $420.77 ($400 + $5.77 + $15). ...