Search - connection

However, this rule does not apply to shares issued in any of the following situations: as payment for other shares for dispositions of shares after June 17, 1987, as payment of a stock dividend in connection with a property that you, a partnership of which you were a member, or a person related to you disposed of to the corporation that issued the shares. ... Note The taxable benefit included in your income in connection with an employee option agreement is not eligible for the capital gains deduction. ...

Self-employed persons- Under proposed legislation, if you were carrying on a business in 1995 (unless the expenditures of the business are primarily in connection with tax shelter investments), your 1995 income tax return is due on or before June 15, 1996. ... Report prizes and awards you received as a benefit from your employment or in connection with a business. ...

The CRA is exposed to credit risk, liquidity risk and market risk in connection with its financial instruments. ... It also includes provisions for salary increases in connection with the collective agreements between the CRA and the Professional Institute of the Public Service of Canada (PIPSC) and PSAC that expired in December 2014 and October 2016 respectively. ...

Eligible expenses Eligible expenses include: rent paid for a house or apartment where you live electricity, heat, water or the utilities portion of your condominium fees home internet access fees maintenance (such as minor repairs, cleaning supplies, light bulbs or paint) supplies (such as stationery items, pens, folders, sticky notes, postage, toner or ink cartridge) employment use of a basic cell phone service plan long distance calls for employment purposes If you are a commission employee, you can also claim expenses that reasonably relate to earning commission income for the following: property taxes home insurance lease of items (such as a cell phone, computer, laptop, tablet or fax machine) Non-eligible expenses You cannot claim any of the following: capital cost allowance mortgage interest principal mortgage payments home internet connection fees or the portion of fees related to the lease of a modem/router capital expenses (including replacing windows or flooring, furnace) office equipment (including printer, fax machine, calculator, briefcase, laptop case, or bag) monthly basic rate for a landline telephone cell phone connection, or license fees purchase of items such as a cell phone, computer, laptop, tablet or fax machine. computer accessories (including monitor, mouse, keyboard headset, microphone, speakers, webcam or router) other electronics (such as television, smart speaker or voice assistant) furniture (including desk or chair) To claim your employment expenses, use Form T777, Statement of Employment Expenses, and Form T2200, Declaration of Conditions of Employment. ...

Subject to certain exclusions, to the extent that a person acquires, imports or brings into a participating province property or a service for consumption, use or supply in the course of, or in connection with, mining activities, the person is deemed to have acquired, imported or brought into the participating province, as the case may be, the property or service for consumption, use or supply otherwise than in the course of commercial activities of the person. ... Furthermore, if a person consumes, uses or supplies property or a service in the course of, or in connection with, mining activities, that consumption, use or supply is deemed to be otherwise than in the course of commercial activities of the person. Where a person receives a mining payment in respect of a mining activity, and the provision of the mining activity and the provision of the mining payment are deemed not to be a supply, for the purposes of determining ITCs for the person that provided the mining payment, no amount is to be included in respect of tax that becomes payable, or is paid without having become payable, by that person in respect of any property or service acquired, imported or brought into a participating province for consumption, use or supply in the course of, or in connection with, the provision of the mining payment by that person. ...

Box 13 – Interest from Canadian sources Enter the following amounts, as long as you did not previously report them: interest on a fully registered bond or debenture; interest on money loaned to or on deposit with, or interest on any kind of property placed with, a corporation, association, organization, or institution; interest on an account with an investment dealer or broker; interest an insurer paid in connection with an insurance policy or annuity contract; interest on an amount owing as compensation for property that has been expropriated; the interest part of blended payments unless paid by an individual or if paid by a corporation, association, organization or institution (see Chapter 9 – Blended payments and deemed dividends); dividends paid or payable by a credit union to a member who has a share in the credit union, if the share is not listed on a designated stock exchange; taxable dividends other than capital gains dividends that a mortgage investment corporation paid to any of its shareholders. ...

Often these organizations will use the non-qualified donee's name as part of its own name to indicate the connection. ...

Debts incurred in connection with the buying and selling of investments includes debts such as brokerage fees and other incidental amounts related to the buying or selling of investments. ...

Comments In general, the CCRA does not challenge the reasonableness of salaries and bonuses paid to the principal shareholder-managers of a corporation when: (a) the general practice of the corporation is to distribute the profits of the company to its shareholder-managers in the form of bonuses or additional salaries; or (b) the company has adopted a policy of declaring bonuses to the shareholders to remunerate them for the profits the company has earned that are, in fact, attributable to the special know-how, connections, or entrepreneurial skills of the shareholders. ...

The assignor understands that all rebates in connection with this assignment of rights can be claimed only by the assignee. ...