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On this page Who has to file a T5008 slip When do you not have to file a T5008 slip Completing the T5008 slip Distributing the T5008 slip Amending, cancelling, adding, or replacing T5008 slips Who has to file a T5008 slip The following persons have to file a T5008 slip and information return: every trader or dealer in securities who buys a security as principal (for their own account) or sells a security as an agent or nominee for any vendor every person in the business of buying and selling precious metals in the form of certificates, bullion, or coins who makes a payment to another person for a sale of precious metals by that other person every person who, as a nominee or agent for another person, gets the proceeds of a sale or other transaction carried out in the name of the nominee or agent every person who makes a payment to, or acts as a nominee or agent for, an individual resident in Canada for the disposition or redemption of a debt obligation in bearer form every person (other than an individual who is not a trust) who acquires, redeems, or cancels a security issued by that same person, except when the transactions involve the following: exchanges of shares for new shares in the course of a reorganization of the capital of a corporation (section 86), if no consideration other than the new shares is receivable securities disposed of when a partnership ends [subsection 98(3)] securities transferred when a new partnership is formed from a predecessor partnership [subsection 98(6)] convertible property (section 51), that is, when a corporation's shares, bonds, debentures, or notes are exchanged for shares of the same corporation and no consideration other than the new shares is receivable redemptions, cancellations, or acquisitions of securities made during an amalgamation (section 87) exchange of capital property that is a convertible debt obligation for another debt obligation (section 51.1) Note If cash or some other consideration totalling $200 or less is received instead of a fractional interest in shares during an exchange to which section 51 or 87 applies, you do not need to report the transaction. If the cash or other consideration is more than $200, you have to report the entire exchange transaction. ...

A distribution platform operator in respect of a supply of property or a service made through a specified distribution platform is a person other than the supplier or an excluded operator who: controls or sets the essential elements of the transaction between the supplier and the recipient, or if that circumstance does not apply to any person, is involved, directly or through arrangements with third parties, in collecting, receiving or charging the consideration for the supply and transmitting all or part of the consideration to the supplier. In relation to a supply of property or a service, an excluded operator is a person who: does not set, directly or indirectly, any of the terms and conditions under which the supply is made, is not involved, directly or indirectly, in authorizing the charge to the recipient of the supply in respect of the payment of the consideration for the supply, and is not involved, directly or indirectly, in the ordering or delivery of the property or in the ordering or rendering of the service; or solely provides for the listing or advertising of the property or service or for the redirecting or transferring to a digital platform on which the property or service is offered; or is solely a payment processor. ... Specified supplies include, but are not limited to: online subscription-based video or music streaming mobile apps E-books online video gaming traditional services such as legal and accounting services There are several types of supplies that are not considered to be specified supplies, including: supplies that may not be consumed or used in Canada, supplies that relate to tangible personal property or real property that is situated outside Canada, and services that are supplied to a person in connection with a supply of short-term accommodation made to the person, and the consideration for which represents a booking fee, administration fee or other similar charge. ...

A gift, for purposes of sections 110.1 and 118.1, is a voluntary transfer of property without valuable consideration. ... Any payment which might be considered in excess of the fair market value of the price of admission for the event is presumed to be consideration for participation in the lottery or draw. ¶  9. ... New ¶  9 incorporates a comment from the former ¶ 3(b) and notes that while generally a legal obligation to make a donation would cause the donation to lose its status as a gift, there are exceptions when the obligation is entered into voluntarily and without consideration. ...

The consideration for the transfer is preferred shares retractable at the option of the parent for an amount equal to the fair market value of the shares of the operating company transferred. ... Similar considerations would apply to other types of estate freezes involving a transfer of property by a parent to a corporation. ... The taxpayer sells this property to an arm's length taxable Canadian corporation in consideration for redeemable shares having a redemption amount equal to the fair market value of the property sold. ...

In exercising discretion, the Minister is guided by principles of procedural fairness which require decisions to be made in good faith, in a manner that promotes the objects of the relevant legislation, without discriminating between applicants on the basis of irrelevant considerations. This memorandum provides some general guidelines on some of the relevant considerations in the exercise of this discretion. ... If it is discovered during the course of the review that the registrant had previously made an application, the CRA may refuse to give the second application further consideration under the VDP. 39. ...

The consideration for the transfer is preferred shares retractable at the option of the parent for an amount equal to the fair market value of the shares of the operating company transferred. ... Similar considerations would apply to other types of estate freezes involving a transfer of property by a parent to a corporation. ... The taxpayer sells this property to an arm's length taxable Canadian corporation in consideration for redeemable shares having a redemption amount equal to the fair market value of the property sold. ...

Audits and evaluations are identified using a risk-based approach that includes consideration of Agency-wide risks identified in the CRA Corporate Risk Inventory (CRI) and through CAEB's own analysis of CRA risks. CAEB also takes into consideration the CRA Corporate Business Plan (CBP), the Treasury Board Secretariat (TBS) Management Accountability Framework (MAF) and the Board of Management Oversight Framework (BoMOF). ... The feasibility of including the areas ofexamination for this audit in the Cyclical IT Security Audit is also beingtaken into consideration during the deferral period. ...

The consideration for the transfer is preferred shares retractable at the option of the parent for an amount equal to the fair market value of the shares of the operating company transferred. ... Similar considerations would apply to other types of estate freezes involving a transfer of property by a parent to a corporation. ... The taxpayer sells this property to an arm's length taxable Canadian corporation in consideration for redeemable shares having a redemption amount equal to the fair market value of the property sold. ...