Search - consideration

For example, if all beneficiaries agreed, the spouse might be paid, say, $160,000 on the basis that such amount has a value of only $142,000 after taking into consideration the deferred tax liability.  ...

Where grandchildren will share in the accumulating income of the trust once the child dies, it is our view that those grandchildren must be taken into consideration in determining the child's share under paragraph 2800(3)(f).  ...

Le tout vous est soumis pour votre considération. Che de section Section des services bilingues Division des services bilingues et des   industries d'exploitation des ressources Direction des décisions Pièces jointes ...

In particular you ask if the Farm Start grant was used to reduce a promissory note given as consideration in acquiring shares of a family farm or family farm partnership interest, would it be treated as income or as an adjustment to the adjusted cost base of property? ...

It is also our view, however, that consideration should be given to the application of the provisions of section 79 to the transactions 24(1). ...

I-3704 Ottawa, Ontario Dear Al: Re:  Disability Riders attached to Group Term Life Insurance Policies Enclosed, for your consideration, is a copy of a recent memorandum (and attachment) from our Rulings Directorate concerning the interpretation of paragraph 6(1)(f) and subsection 6(4) of the Income Tax Act. ...

Specifically, you have requested our views as to whether a share issued to an employee of the issuer upon exercise of a stock option as contemplated in subsection 7(1) of the Act would qualify as a prescribed share under Income Tax Regulation 6204 if the employee/holder has the right, under the terms or conditions of the share or any agreement in respect of the share or its issue, to cause the share to be redeemed, acquired or cancelled by the issuer or "specified persons" in relation to the issuer, where the amount payable upon and in consideration for such redemption, acquisition or cancellation approximates the fair market value of the share at the time of such redemption, acquisition or cancellation. ...

If you are unable to make a determination concerning the nature of the income received by 24(1) Copies of any documents concerning the application and approval processes for the bursary and the student assistantship, including those relating to  19(1)  personally and those available for general  19(1)  distribution, should be submitted to the District Office for their consideration.  ...

In this situation, the payer corporation has provided valuable consideration with no reasonable expectation of repayment.  ...

Where a taxpayer has accrued and reported interest income on a debt obligation and has at any particular time disposed of that obligation for consideration equal to its fair market value at the time of disposition, the taxpayer may, by virtue of subsection 20(21) of the Act, deduct in computing income for the year of disposition, the amount, if any, by which the aggregate of the amounts of interest from that debt obligation that was included in the taxpayer's income for the year of disposition and all previous years exceeds the total interest actually received thereon. ...