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Tax payable On this page Tax payable on disability assistance payments (DAPs) Tax deduction at source Tax payable on non-qualified investments Tax payable where inadequate consideration Tax payable on an advantage Tax payable on use of property as security Tax payable on prohibited investments Waiver or cancellation of tax Tax payable on disability assistance payments (DAPs) When a DAP is made from an RDSP, the part of the payment that includes proceeds from a rolled over amount, the grants and bonds paid into the plan and all investment income earned in the RDSP, such as interest, is taxable. ... Tax payable for inadequate consideration The tax payable for inadequate consideration is repealed effective after March 22, 2017. ...

Introduction Background Eligibility of an ACAP request Submitting an ACAP request Information and procedural requirements Acceptance of an ACAP request Rejection of an ACAP request Revocation of an ACAP settlement Other considerations Introduction 1. ... When an ACAP request is accepted, the competent authorities are able to negotiate issues that are addressed under an existing MAP request by extending MAP consideration to subsequent taxation years that have been initially assessed by the CRA. ... Other considerations 21. An ACAP does not limit the taxpayer's rights or relieve them from their obligations under the applicable convention or the Act. ...

Other considerations If your charity is a corporation A charity that is a corporation does not have to file a T2 Corporation Income Tax Return during the period it has charitable status. ...

Election for nil consideration Under proposed subsection 157(2.1) a participating employer of a pension plan and a master pension entity of the pension plan would be permitted to jointly elect to have every actual taxable supply made by the participating employer to the master pension entity be deemed to have been made for no consideration. ... Therefore, the employer would be eligible to make the election to deem actual supplies made to the master pension entity as being made for no consideration. ... Therefore, neither employer would be eligible to make the election to deem actual supplies made to the master pension entity as being made for no consideration. ...

Election for nil consideration Under proposed subsection 157(2.1) a participating employer of a pension plan and a master pension entity of the pension plan would be permitted to jointly elect to have every actual taxable supply made by the participating employer to the master pension entity be deemed to have been made for no consideration. ... Therefore, the employer would be eligible to make the election to deem actual supplies made to the master pension entity as being made for no consideration. ... Therefore, neither employer would be eligible to make the election to deem actual supplies made to the master pension entity as being made for no consideration. ...

Election for nil consideration Under proposed subsection 157(2.1) a participating employer of a pension plan and a master pension entity of the pension plan would be permitted to jointly elect to have every actual taxable supply made by the participating employer to the master pension entity be deemed to have been made for no consideration. ... Therefore, the employer would be eligible to make the election to deem actual supplies made to the master pension entity as being made for no consideration. ... Therefore, neither employer would be eligible to make the election to deem actual supplies made to the master pension entity as being made for no consideration. ...

Considerations Progressive interventions The CRA manages non-compliance such as missing returns, unreported revenues, and incorrect deductions, using a range of progressive interventions. ... At the same time, the CRA will increase consideration of penalties for repeat offenders and focus its resources on high-risk audits and the most significant criminal investigations. ...

Excise and GST/HST News- No. 95 Table of Contents Form RC4616 – Simplified filing procedures concerning existing elections for nil consideration No offset of GST/HST and QST amounts for selected listed financial institutions with a consolidated filing election Service standard for responding to written requests for GST/HST rulings and interpretations Online services for GST/HST accounts Representatives – request or delete authorizations online Prescribed rates of interest What’s new in publications Enquiries Form RC4616 – Simplified filing procedures concerning existing elections for nil consideration As discussed in the Excise and GST/HST News – N o 91 and N o 94, section 156 of the Excise Tax Act permits corporations resident in Canada and Canadian partnerships that are: registrants engaged exclusively in commercial activities; and specified members of the same qualifying group to jointly elect to treat taxable supplies (with certain exceptions) made between them as having been made for no consideration. ... These parties must complete and file Form RC4616, Election or Revocation of an Election for Closely Related Corporations and/or Canadian Partnerships to Treat Certain Taxable Supplies as Having Been Made for Nil Consideration for GST/HST Purposes. ...

Assessment criteria and considerations The Board members continue to ensure the confidentiality of the information they have access to as they are bound by the confidentially provisions of the Income Tax Act, the Access to Information Act, and the Privacy Act. ... In choosing content, consideration is given to content that is published at different times of the year to determine if the organization is engaged in producing original news content on an ongoing basis. ... The Board’s review of the content is done with the lens of not only the Act, but also the administrative considerations set out in the Guidance, in particular, sections 2.23 – 2.38. ...

Assessment criteria and considerations The Board members continue to ensure the confidentiality of the information they have access to as they are bound by the confidentially provisions of the Income Tax Act, the Access to Information Act, and the Privacy Act. ... In choosing content, consideration is given to content that is published at different times of the year to determine if the organization is engaged in producing original news content on an ongoing basis. ... The Board’s review of the content is done with the lens of not only the Act, but also the administrative considerations set out in the Guidance, in particular, sections 2.23 – 2.38. ...