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It is also your understanding that neither the current position of the Minister as set out in IT-473 nor the proposed legislation require the approval of the Minister in connection with a change in the determination of "cost" where the lower of cost and market is used by the taxpayer for purposes of valuing inventory, provided the basis of determination of cost is in accordance with generally accepted accounting principles. ...

XXX In the latter case, the employees are not considered entitled to claim "office in home" expenses as referred to in paragraph 2 and 3 of the enclosed Interpretation Bulletin IT- 352R "Employees Expenses Incurred in Performing Duties of Office or Employment" as the employer considers that in view of the limited use of the residence required in connection with a technician's employment duties, the technician is not required to maintain an office in the home. ...

This is being done on the basis that such costs would have been deductible under paragraph 118.2(2)(l.2) had they been made in connection with modifications to the existing dwelling, rather than as part and parcel of an addition to that dwelling. ...

The tax court judge concluded that the appellant did not use the subject land in connection with any business. ...

In connection with the above and some hypothetical facts you ask that we determine anniversary dates for four situations and in a related matter ask with respect to three scenarios, whether in our opinion the loan had been "materially altered" as that term is used in the coming into force provisions of subsection 12(4) in Bill C-28 (June 1989). ...

Paragraph 87(2)(j.3) states that the new corporation is deemed to be a continuation of each predecessor corporation in connection with certain aspects of an EBP, but, as noted therein, paragraphs 12(1)(n.1) and 104(13)(b) are not included. ...

It is also our view that by virtue of the definition of amount in subsection 248(1) of the Act, the travel costs in 5(b)(ii), the value of the accommodation in 5(b)(iii), and other benefits that may be provided in connection with the Program (e.g., the cost of textbooks provided to the nursing students) are also amounts which are subject to tax under paragraph 56(1)(n) of the Act. ...

Pursuant to subsections 7(1) and (4) of the Income Tax Act (the "Act") where an individual exercises his stock option after he has ceased to be an employee, he will be taxable in Canada as though he were still an Document Disclosed Pursuant to The Access To Information Act Document Divulgué en vertu de la loi sur l'accès à l'information employee on any employee stock option benefits which arise in connection with that employment. ...

You state that subsection 184(1) of the Canada Business Corporations Act (the "CBCA") provides that a holding corporation ("Parent") and one or more of its wholly-owned subsidiary corporations ("Subsidiary") may amalgamate and continue as one corporation ("Amalco") if certain requirements are met including that "no securities shall be issued by the amalgamated corporation in connection with the amalgamation. ...

We agree with this connection. However, we would not consider a finding that a person did not have an interest in the property of a trust as determinative of whether that person is a person beneficially interested in the trust. ...