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Mandate The Committee’s core role will be to provide advice to the Minister of National Revenue and the Commissioner of the CRA on the administration and interpretation of the laws and programs related to disability tax measures administered by the CRA, and on ways in which we can take into consideration the needs and expectations of the disability community as well as increase awareness and take-up of measures for people with disabilities. ...

The CRA’s offers to all bargaining agents take into consideration current economic conditions, such as other collective agreements for the public service and inflation, as well as our ability to attract and retain highly qualified employees, employment conditions in the CRA relative to other Canadian workplaces, and responsible fiscal management. ...

The Independent Advisory Board members will be selected with consideration given to the linguistic, cultural, and ethnic diversity of the country. ...

Nominates Directors to serve as Chair, Vice-Chair and members of each Committee, to be appointed on an annual basis, or as otherwise required, by resolution of the Board; Delegates to members of the Board such duties and functions as are deemed necessary in order to fulfill the mandate of the Board and make the best use of its resources; Maintains knowledge of corporate governance practices in the public and private sectors and promotes the adoption of “best practices”, where appropriate, in how the Board and its Committees function; Liaises with and provides direction to the Corporate Secretary on matters affecting the work of the Board; Represents the Board and appears on its behalf at official functions and has prime responsibility for interaction with the Minister, Commissioner, Agency officials, and other government officials, having due regard to the Board’s mandate and to the considerations outlined in section 6.3 of the Governance Manual – Guidelines on Representing the Agency for Members of the Board of Management; Facilitates, in conjunction with the Commissioner, the effective and transparent interaction of Board members and Agency management by taking steps to ensure the Commissioner is fully aware of the concerns of the Board on matters falling within its mandate and the Board is aware of the principal concerns of Agency management; Ensures effective and transparent processes for review and evaluation of Board, Committee, and Director performance in conjuncture with the GSC; Ensures, in conjuncture with the GSC, there is an up-to-date orientation program for new directors and an ongoing development program for existing directors aimed at increasing the knowledge of directors about the Canada Revenue Agency, its governance structure and operating environment, and corporate governance practices. ...

Participants had the opportunity to share their views on: current practices, challenges, and opportunities regarding income verification practices in Canada opportunities, considerations, and the need for a potential new income verification tool In addition to the roundtable discussions, the CRA sought broader input from other interested and affected parties within the industry through an online questionnaire, which was open from November 14 to December 6, 2024. ...

Shares and partnership interests – In cases where the consideration for certain types of restrictive covenants directly relates to the grantor's disposition of an eligible interest and where five additional requirements are satisfied and the grantor and buyer elect in prescribed form. ...

An indirect transfer occurs for example, where a husband and wife own all the shares of a corporation in a ratio of 90:10 and the corporation issues sufficient shares to the wife for consideration that is less than the fair market value of the additional shares to change the ratio of ownership to 50:50. ... Where the subsection applies, pursuant to paragraph 74.5(6)(c), the property transferred or loaned by the third party is deemed to have been transferred or loaned by the individual to or for the benefit of the spouse and, pursuant to paragraph 74.5(6)(d), any consideration received by the third party is deemed to have been received by the individual. 9. ... An example of the operation of subsection 74.3(1) follows: An individual transfers, for no consideration, bonds which pay interest of $1,500 per annum to a family trust the beneficiaries of which are the individual's spouse and two children, one of whom is 16 years of age and the other 20 years of age. ...

It is important that the supplier's understanding of the purpose or objective of the service, as reflected in the contractual agreement with the non-resident customer, be taken into consideration. The supplier's perspective is important because it is the supplier who must determine whether the consideration for the service is zero-rated. ... The manner in which the "primarily" test was applied was based on the specific facts of each case, with consideration being given to the type of service that was being performed. ...

As well, the employer is eligible to treat actual taxable supplies as being made for nil consideration if it has a section 157 election in effect with a pension entity of the pension plan. ... Election to not account for tax on actual taxable supplies Under section 157, a participating employer of a pension plan may jointly elect with a pension entity of the plan to treat certain actual taxable supplies by the employer to the pension entity as being made for no consideration for purposes of the GST/HST. ... If the taxable supply acquired by the pension entity from the employer is not for these purposes, the supply is subject to tax in the normal manner; i.e., the employer is required to collect and remit tax calculated on the consideration for the supply, and the pension entity is required to pay that tax to the employer. ...

An indirect transfer occurs for example, where a husband and wife own all the shares of a corporation in a ratio of 90:10 and the corporation issues sufficient shares to the wife for consideration that is less than the fair market value of the additional shares to change the ratio of ownership to 50:50. ... Where the subsection applies, pursuant to paragraph 74.5(6)(c), the property transferred or loaned by the third party is deemed to have been transferred or loaned by the individual to or for the benefit of the spouse and, pursuant to paragraph 74.5(6)(d), any consideration received by the third party is deemed to have been received by the individual. 9. ... An example of the operation of subsection 74.3(1) follows: An individual transfers, for no consideration, bonds which pay interest of $1,500 per annum to a family trust the beneficiaries of which are the individual's spouse and two children, one of whom is 16 years of age and the other 20 years of age. ...