Search - connection

For tax years of a taxpayer that begin after February 26, 2018, the reassessment period is extended by three years for income arising in connection with a foreign affiliate of the taxpayer. ...

Note The taxable benefit included in your income in connection with an employee option agreement is not eligible for the capital gains deduction. ...

However, when the stop is longer than 24 hours and is for connection purposes only, the supplier or agent must provide supporting evidence that the interruption is not a stopover. 15. ... The services of supervising the child are zero-rated because they are provided by the airline in connection with the airline’s supply of zero-rated passenger transportation services. ... Under paragraph 4(b) of Part VI of Schedule IX to the Act, a supply of a service of supervising an unaccompanied child by a person in connection with the supply by that person of a passenger transportation service is made in a province if the supply of the passenger transportation service is made in the province. 68. ...

The owner not only lives on the reserve but has a strong connection to the community on the reserve and started and grew the business on the reserve. ... The following factors show a strong connection to the reserve: All of the partnership’s income generating activities are on-reserve. ... Since OAS and GIS payments are not related to any previous employment and are not considered to have any connection to a reserve, the payments are considered to be off-reserve. ...

Except as otherwise provided in the Regulations, you have to use reasonable assumptions that the Minister accepts, as well as generally accepted actuarial principles, when you determine amounts in connection with the plan [8502(j)]. 29.7. ... Forfeited amounts and associated earnings, other than pre-1990 amounts, must either be: (a) paid to participating employers; (b) reallocated to members of the plan; or (c) paid as or on account of administrative, investment, or similar expenses incurred in connection with the plan. ... The total of the forfeited amounts that arose in the year must have been greater than normal because of unusual circumstances, and the amounts are to be: (a) reallocated, on a reasonable basis, to a majority of plan members; or (b) paid as or on account of administrative, investment, or similar expenses incurred in connection with the plan. ...

In this context, the words “in respect of” have been held by the Courts to imply a connection between the loss of employment and the subsequent receipt, where the primary purpose of the receipt was compensation for the loss of employment. (See also ¶ 11) Two questions set out by the Courts to determine whether a connection exists for purposes of a retiring allowance are as follows: 1 – But for the loss of employment would the amount have been received? ... As discussed in ¶ 5, the words “in respect of” denote a connection between the loss of employment and the subsequent receipt. ...

Except as otherwise provided in the Regulations, you have to use reasonable assumptions that the Minister accepts, as well as generally accepted actuarial principles, when you determine amounts in connection with the plan [8502(j)]. 29.7. ... Forfeited amounts and associated earnings, other than pre-1990 amounts, must either be: (a) paid to participating employers; (b) reallocated to members of the plan; or (c) paid as or on account of administrative, investment, or similar expenses incurred in connection with the plan. ... The total of the forfeited amounts that arose in the year must have been greater than normal because of unusual circumstances, and the amounts are to be: (a) reallocated, on a reasonable basis, to a majority of plan members; or (b) paid as or on account of administrative, investment, or similar expenses incurred in connection with the plan. ...

Corporations may be associated because the same group of persons controls both corporations, but the members of this group do not act together and have no other connection to each other. ... Schedule 29, Payments to Non-Residents Complete Schedule 29 if the corporation paid or credited any of the following amounts to non-residents: royalties rents management fees/commissions technical assistance fees Footnote 2 research and development fees interest dividends film acting payments: for a motion picture film for a film or videotape for use in connection with television other services If the total amount paid or credited to a payee is less than $100, you do not have to complete this schedule with the information for that payee. ... After your call is accepted by an automated response, you may hear a beep and notice a normal connection delay References Section 94.1 Subsections 94(3) and 94(4) Penalties There are substantial penalties for not completing and filing Forms T1134, T1135, T1141, and T1142 by the due date, and for knowingly or under circumstances amounting to gross negligence making false statements or omissions in any of the information returns. ...

From the data leak, we identified over 900 individuals, corporations, and trusts with a potential connection to Canada. ... Since the release of the Paradise Papers, we have identified approximately 2,790 individuals, corporations, and trusts with a potential connection to Canada. ... As of March 2024: We are identifying taxpayers with a potential connection to Canada who pose a risk of tax non-compliance We have linked over 430 taxpayers to this data leak and risk assessment and compliance actions are ongoing We have over 15 ongoing audits Additionally, we are working with our international partners to pool resources and share information. ...

However, the luxury tax will apply if the subject vehicle was registered in connection with the importation and has never otherwise been registered with the Government of Canada or a province. ... However, in the event that improvements are made in connection with the sale of a subject vehicle, the calculation of the luxury tax payable on the sale of the subject vehicle would take into account the cost of the improvements. ... Taxable amount for sales of subject vehicles Generally, the taxable amount in respect of the sale of a subject vehicle is the sum of the following, as set out in subsection 18(4): the value of the consideration for the sale of the subject vehicle the value of the consideration for any improvements made by the vendor to the subject vehicle in connection with the sale that is not included in the above Taxable amount for importations of subject vehicles Under subsection 20(2), the taxable amount in respect of the importation of a subject vehicle is the sum of the following: the value of the subject vehicle as determined under the Customs Act the total amount of any duties and taxes (other than the GST/HST) that is payable on the subject vehicle under the Customs Tariff, the Excise Tax Act, the Special Import Measures Act and any other law relating to customs For more information on calculating the taxable amount in respect of importations of subject vehicles, visit the Canada Border Services Agency webpages. ...