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Specified foreign property includes all of the following: funds or intangible property (patents, copyrights, etc.) situated, deposited or held outside Canada tangible property situated outside of Canada a share of the capital stock of a non-resident corporation held by the taxpayer or by an agent on behalf of the taxpayer an interest in a non-resident trust that was acquired for consideration, other than an interest in a non-resident trust that is a foreign affiliate shares of corporations resident in Canada held by you or for you outside Canada an interest in a partnership that holds a specified foreign property unless the partnership is required to file Form T1135 an interest in, or right with respect to, an entity that is a non-resident a property that is convertible into, exchangeable for, or confers a right to acquire a property that is specified foreign property a debt owed by a non-resident, including government and corporate bonds, debentures, mortgages, and notes receivable an interest in a foreign insurance policy precious metals, gold certificates, and futures contracts held outside Canada Specified foreign property does not include any of the following: property in your registered retirement savings plan (RRSP), pooled registered pension plan (PRPP), registered retirement income fund (RRIF), registered pension plan (RPP), or tax-free savings account (TFSA) foreign investments held in Canadian mutual funds property you used or held exclusively in the course of carrying on your active business your personal-use property For more information on specified foreign property, see Form T1135, Foreign Income Verification Statement. ...

Specified foreign property includes all of the following: funds or intangible or incorporeal property (patents, copyrights, etc.) situated, deposited, or held outside Canada tangible or corporeal property situated outside of Canada a share of the capital stock of a non-resident corporation held by the taxpayer or by an agent on behalf of the taxpayer an interest in a non-resident trust that was acquired for consideration, other than an interest in a non-resident trust that is a foreign affiliate shares of corporations that are residents of Canada held by you or for you outside Canada an interest in a partnership that holds a specified foreign property unless the partnership is required to file Form T1135 an interest in, or right with respect to, an entity that is a non-resident a property that is convertible into, exchangeable for, or confers a right to acquire a property that is specified foreign property a debt owed by a non-resident, including government and corporate bonds, debentures, mortgages, and notes receivable an interest in a foreign insurance policy precious metals, gold certificates, and futures contracts held outside Canada Specified foreign property does not include any of the following: property in your registered retirement savings plan (RRSP), pooled registered pension plan (PRPP), registered retirement income fund (RRIF), registered pension plan (RPP), or tax-free savings account (TFSA) foreign investments held in Canadian mutual funds property you used or held exclusively in the course of carrying on your active business your personal-use property Note You have to file Form T1135 for 2020 no later than April 30, 2021, (or June 15, 2021, if you or your cohabiting spouse or common-law partner carried on a business in 2020, other than a business whose expenditures are primarily made in the course of a tax shelter investment). ...

Foreign property Specified foreign property includes all of the following: funds or intangible or incorporeal property (patents, copyrights, etc.) situated, deposited, or held outside Canada tangible or corporeal property situated outside Canada a share of the capital stock of a non-resident corporation held by the taxpayer or by an agent on behalf of the taxpayer an interest in a non-resident trust that was acquired for consideration, other than an interest in a non-resident trust that is a foreign affiliate shares of corporations that are residents of Canada held by you or for you outside Canada an interest in a partnership that holds a specified foreign property unless the partnership is required to file Form T1135 an interest in, or right with respect to, an entity that is a non-resident a property that is convertible into, exchangeable for, or confers a right to acquire a property that is specified foreign property a debt owed by a non-resident, including government and corporate bonds, debentures, mortgages, and notes receivable an interest in a foreign insurance policy precious metals, gold certificates, and futures contracts held outside Canada Specified foreign property does not include any of the following: property in your registered retirement savings plan (RRSP), pooled registered pension plan, registered retirement income fund, registered pension plan, or tax-free savings account foreign investments held in Canadian mutual funds property used or held exclusively in the course of carrying on your active business your personal-use property Note You have to file Form T1135 for 2021 no later than April 30, 2022, (June 15, 2022, if you or your cohabiting spouse or common-law partner carried on a business in 2021, other than a business whose expenditures are primarily made in the course of a tax shelter investment). ...

Identifying segments this way provides the basis for achieving specific goals, such as increasing the possibility of getting the right message to the right person, which is a key consideration in small business nudge efforts. ...

Table 1- Debt Management Call Centre Protocol Agreement Debt Management Call Centre Protocol Agreement [footnote4] 2008-2009 Performance Against Targets Breakdown Actual Performance Target Variance Protocol Agreement Resolution rate (arranged vs. referred to TSO) 92.5% 75% 23.33% Service Level (80/60) inbound calls 85.1% 80% 6.37% Accessibility for inbound calls 96.9% 95% 2.04% Direct / Indirect (outbound / inbound) 65 / 35 60 / 40 N/A Direct / Indirect (collection letter workload) 65 / 35 68 / 32 N/A Teletrace for T1, T2 & GST (accounts/hour) 8.9 6.0 48.33% Program Budget Program Allocation $10,792,848 $10,651,000 1.33% Program O&M $442,818 $366,000 20.99% Program Totals $11,235,666 $11,017,000 1.98% Accounts Arranged T1 Collection 278,248 275,885 0.86% T2 Collection 34,760 24,616 41.21% T1 Installment 10,529 8,000 31.61% GST Collection 51,837 30,583 69.50% GST Compliance 217,603 170,356 27.73% Totals 592,977 509,440 16.40% Dollars Arranged T1 Collection $1,167,825,597 N/A N/A T2 Collection $237,985,623 N/A N/A GST Collection $119,326,057 N/A N/A Totals $1,525,137,277 N/A N/A DMCC activities extend beyond arrangements and referrals In the current DMCC program environment, the focus of performance measurement is directed towards those accounts that meet the status of arranged or referred but does not take into consideration total volume of all activities undertaken. ...

Assumptions in the methodologies applied to estimate the individual income tax revenues and GST/HST revenues and allowance for doubtful accounts were refined to take in consideration the current economic climate and the extensions provided to taxpayers to file and pay their tax returns. ...

Online training and awareness In 2017-2018, the CRA continued to look at innovative ways to reach wider audiences and provide more specialized training online by creating: the first of a suite of 10 web-based modules that offer specialized technical training and learning path products for access to information and privacy analysts a presentation took place during the fiscal year to show this module to multiple government departments KnowHow products that complement program specific procedures – KnowHow provides user-friendly online instructions to CRA employees and managers formal disclosure KnowHow product – this is designed to increase awareness of roles and responsibilities associated with how to respond to a request made under the Access to Information Act or the Privacy Act informal disclosure KnowHow product – this is designed to increase awareness on basic considerations for disclosure and provide examples of what can and cannot be disclosed informally without a request received under the Access to Information Act or the Privacy Act a training module, to complement program-specific training, on the informal disclosure of taxpayer information, developed by the Legal Services Branch planned to be piloted in 2018-2019 simultaneously using three channels: in class, webinar, and videoconference to maximize accessibility the module can be customized for specific CRA programs, depending on the need Raising awareness Every year, about 40 countries and 60 non-government organizations celebrate Right to Know Week to raise awareness of an individual’s right to access government information, while promoting freedom of information as essential to both democracy and good governance. ...

You have to include the GST/HST collectible on the full consideration (total price) payable for your work in your net tax calculation for your reporting period that includes November 30, 2023. ...

The trust must meet all of the following conditions: the trust is resident in Canada the only persons that are beneficially interested are one of the following: Her Majesty in right of Canada Her Majesty in right of a province a nuclear energy corporation (as defined in section 2 of that Act) all the shares of the capital stock of which are owned by one or more persons described in clause (A) or (B) the waste management organization established under section 6 of that Act if all shares of its capital stock are owned by one or more nuclear energy corporations described in clause (C) Atomic Energy of Canada Limited, being the company incorporated or acquired in accordance with subsection 10(2) of the Atomic Energy Control Act Personal trust This is a trust (other than a trust that is, or was at any time after 1999, a unit trust) that is one of the following: a graduated rate estate a trust in which no beneficial interest was acquired for consideration payable directly or indirectly to: the trust any person or partnership that has made a contribution to the trust by way of transfer, assignment or other disposition of property For 2016 and subsequent tax years, only a graduated rate estate automatically qualifies as a personal trust without regard to the circumstances in which beneficial interest in the trust has been acquired. ...

A formal request, explaining the circumstances leading to the request, should be provided to the Registered Plans Directorate for our consideration. 26. ...