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The rebate is not available if: the specified person has acquired or imported the books to be sold or given away for GST/HST that becomes payable after July 27, 2018, without having been paid on or before that day, the specified person has acquired or imported the books for the purpose of transferring ownership of the books as part of a single supply of another property or service Specified persons that are prescribed charities and prescribed non-profit organizations whose primary purpose is the promotion of literacy can claim a rebate of the GST/HST payable on printed books and their updates, audio recordings of printed books, and printed versions of religious scriptures that are acquired other than for the purposes of sale for consideration. ... If the loans are later reimbursed, they will be deducted from revenue at that time proceeds from the issuance of equity securities monetary capital contributions (for example, the raising of capital by an NPO that cannot issue shares) Also include the following amounts from which you can deduct 25% to take into account the cost of fundraising: financial payments, such as private gifts and donations the total of all amounts by which the fair market value of a financial instrument received by the NPO is more than the consideration paid or payable for the instrument all receipts from sponsorships all receipts from taxable (including zero-rated) and exempt sales of property and services (do not include receipts from sales of real property or capital property, sales of financial instruments, benefits granted to employees or shareholders, or property you are deemed to have sold when you stop being a registrant) proceeds from gambling activities, minus prizes and winnings paid out Record ongoing revenue, such as sales, membership fees, or revenue items for activities extending over a number of years, when you receive them or when they become receivable, whichever is earlier. ...

Commissioner Hamilton continued to represent the FTA forum on the governing board of OECD/United Nations Tax Inspectors Without Borders (TIWB), a joint initiative of the OECD and the United Nations Development Programme Governing Board developed the Knowledge Sharing Platform for Tax Administrations, an online platform that promotes sharing tax knowledge and expertise globally, including by delivering hundreds of online learning events Objective 2: Adjusting the compliance approach according to the degree of non-compliance Results met: Under this objective, the CRA achieved results in the following areas in 2021–2022: Using the Liaison Officer service to guide clients through their tax obligations, taking into account the impact of COVID-19 on their business Decreasing its reliance on audit and audit reassessments when addressing low-dollar reporting discrepancies for small and medium business Increasing the consideration of penalties for gross negligence and third-party involvement in cases of serious repeated non-compliance In its 2021–2022 Departmental Plan lxxi, the CRA committed to delivering three initiatives under this objective during the reporting year. ... The program’s goal is to ensure these protégés have equal consideration for high priority projects, developmental opportunities and career advancement, while helping remove barriers. ...

References Section 54 IT‑170, Sale of Property- When Included in Income Computation IT‑448, Dispositions- Changes in Terms of Securities IT‑460, Dispositions- Absence of Consideration S3-F4-C1, General Discussion of Capital Cost Allowance Designation under paragraph 111(4)(e) Answer yes or no to the question on line 050, page 1 of Schedule 6. ... However, if the donee disposes of the security within 60 months, for consideration other than another non‑qualifying security of any person, or the security ceases to be a non‑qualifying security of the corporation within 60 months, the corporation will be treated as having made the gift at that later time. ...

Established in August 2007, the PMF was set up to, amongst other things, approve cases and programs following consideration at the regional level. ...

This raises the question as to the extent the CPOP wants to promote itself taking into consideration the resulting impact on workload. ...

The regulation of charities, beyond income tax considerations, is constitutionally under the jurisdiction of the provinces and territories. ...

Example 19 PA year: 1993 Pension formula: 1.4% × average of best 5 years of earnings up to 3‑year average of the YMPE plus 2% × average of best 5 years of earnings above 3‑year average of the YMPE Member's earnings: $90,000 YMPE: $33,400 Benefit earned: (1.4% × $33,400) + [2% × ($75,000 – $33,400)] + (2% × $90,000 – $86,111) = $467.60 + $832.00 + $77.78 = $1,377.38 * Pension credit: (9 × $1,377.38) – $1,000** = $11,396 (rounded) * This amount is less than the dollar limit of $1,500 on benefit earned (see the Glossary in Section 2), so the dollar limit is not a consideration here. ** The PA offset for 1993 was $1,000 (see the Glossary). ...

In determining whether the intent test has been met it is necessary to take into consideration the length of a research project as compared to the expected useful life of the property. ...

Other bulletins dealing with the deductibility of losses in specific circumstances, are the current versions of the following: IT-239 Deductibility of Capital Losses From Guaranteeing Loans for Inadequate Consideration and From Loaning Funds at Less Than a Reasonable Rate of Interest in Non-Arm's Length Circumstances. ...

Testing of design and operating effectiveness will lead eventually to ongoing monitoring according to which the CRA’s repository of controls will be re-assessed on a multi-year, rotational basis according to risk, including consideration of any new financial reporting risks that have emerged since the last assessment. ...