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Self-employed persons – If you or your spouse or common-law partner carried on a business in 2007 (other than a business whose expenditures are primarily in connection with a tax shelter), your return for 2007 has to be filed on or before June 15, 2008. ...

⬤Line 221 – Carrying charges and interest expenses Claim the following carrying charges and interest you paid to earn income from investments: fees to manage or take care of your investments (other than any fees you paid for services in connection with your pooled registered pension plan, registered retirement income fund, registered retirement savings plan, specified pension plan, and tax-free savings account); fees for certain investment advice (see Interpretation Bulletin IT-238, Fees Paid to Investment Counsel) or for recording investment income; fees to have someone complete your return, but only if you have income from a business or property, accounting is a usual part of the operations of your business or property, and you did not use the amounts claimed to reduce the business or property income you reported (see Interpretation Bulletin IT-99, Legal and Accounting Fees); most interest you pay on money you borrow for investment purposes, but generally only if you use it to try to earn investment income, including interest and dividends. ...

The provincial tax credit is equal to 35% of the salary or wages, subject to a salary cap of $75,000 per employee, for each eligible newsroom employee, in connection with the qualifying labour expenditure. ...

The issuer will exercise the care, diligence, and skill of a reasonably prudent person to minimize the possibility that a holder of an RDSP may become liable to pay tax under Part XI.01 of ITA in connection with the RDSP. ...

For more information about RDSPs, go to Registered disability savings plan (RDSP) or see Guide T4040, RRSPs and Other Registered Plans for Retirement, and Guide RC4460, Registered Disability Savings Plan. grant amounts paid to you as a result of taking time away from work to cope with the death or disappearance of your child because of an offence or probable offence under the Criminal Code (from box 136 of your T4A slip) PRPP income from box 194 of your T4A slips if you were under 65 years of age and you did not receive this income upon the death of your spouse or common-law partner retiring allowances from boxes 66 and 67 of your T4 slips and any retiring allowance from box 26 of your T3 slips income from the disposition of Canadian Resource Property or negative balance(s) of the resource pools calculated at the end of the year in Section II on Form T1229, Statement of Resource Expenses and Depletion Allowance Line 13010 – Taxable scholarships, fellowships, bursaries, and artists’ project grants Report amounts that you received as a scholarship, fellowship or bursary, or a prize for achievement in a field of endeavour ordinarily carried on by you (other than a prescribed prize) that were not received in connection with your employment or in the course of business, to the extent that these amounts are more than your scholarship exemption. ...

During the fiscal year, the CRA also responded to questions from the Office of the Privacy Commissioner of Canada in connection with the administration of this agreement. ...

The CRA is exposed to credit risk, liquidity risk and market risk in connection with its financial instruments. ...

Examples of cases where private benefit may be acceptable: (a) It may be possible to establish a connection between a shortage of health care professionals and the social and economic deprivation in an area. ...

The issuer will exercise the care, diligence, and skill of a reasonably prudent person to minimize the possibility that a holder of an RDSP may become liable to pay tax under Part XI.01 of ITA in connection with the RDSP. ...

Determine if guideline 4 applies Generally, the income is exempt from income tax if: You (as the employer) are resident on a reserve You (as the employer) are: A First Nations band which has a reserve, or a tribal council representing 1 or more First Nations bands that have reserves A First Nations organization controlled by a First Nations band which has a reserve, or a tribal council representing 1 or more First Nations bands that have reserves, and the organization is dedicated exclusively to the social, cultural, educational, or economic development of First Nations individuals who for the most part live on reserves Your employee's duties of employment are in connection with your non-commercial activities carried on exclusively for the benefit of First Nations individuals who for the most part live on reserves Learn more: Guideline 4- Indian Act Exemption for Employment Income Guidelines If guideline 4 applies, continue to Step 4- Withhold deductions on the employment income and select income fully tax-exempt. ...