Search - consideration

Est-ce que la perte pourrait être reconnue si une partie du salaire de l'administrateur était, disons 1 000 $, versée en considération de sa responsabilité solidaire? ... Question 3 Est-ce que la perte pourrait être reconnue si l'administrateur recevait du salaire en considération de sa responsabilité solidaire? ...

In addition, the definition of flow-through share indicates the corporation must incur qualifying expenses in an amount "not less than" the relevant consideration. ... X pays $100 as sole consideration for the issuance by Corporation A of a flow-through share;- not enter into any other such “agreement in writing”;- incur $125 of “Canadian exploration expense” (“CEE”; within the meaning assigned that term in subsection 66.1(1) of the Act) during the 24 month period commencing February 1, 1999 (being $25 from its own resources and $100 from the above issuance of flow-through shares);- claim $25 of METC but have no other “assistance” [within the meaning assigned that term in subsection 66(15) of the Act] for the purposes of paragraph 66(12.6)(a) of the Act with respect to the $125 of CEE. ...

You presented a factual situation for our consideration. Since the situation you presented is an actual fact situation, we are not able to provide any specific comments other than by way of an advance income tax ruling. ... As we stated in our telephone conversation of October 16, 1998 (Brooks/XXXXXXXXXX), our comments do not take into consideration the actual trust arrangement nor the historical facts of your specific situation. ...

., pawnbroker fees and sale of used goods, is likely the most important factor, the “purpose” test may require consideration of other factors. ... If you have a specific situation in mind, you should submit all of the facts to the applicable local tax services for their consideration. ...

However, in the circumstances, we have forwarded your letter and our comments to our Registered Plans Division for their consideration. ... A trustee's failure to do so could lead to a consideration by the Department that the plan was not being used in a manner consistent with the provisions of the Act as noted above. ...

X for nominal consideration. It is now several years later and XCo has repaid the Loan and Mr. ... X continue to look to the reasonable return exception to tax on split income (“TOSI”) in consideration of the risks he initially assumed on the start-up of XCo’s business, or would he only be able to look to this exception while the Loan and mortgage are outstanding? ...

Where the consideration paid to the non-resident is in respect of more than one right, the consideration must be allocated to the various rights to determine what portion of the payments to the non-resident proprietor, if any, is subject to Part XIII tax. ...

Principales Questions: 1.Facteurs pris en considération par Revenu Canada pour déterminer si un prêt d'une tierce personne est accordé «en raison de la charge ou de l'emploi». 2.Circonstances dans lesquelles le montant des intérêts subventionnés par un employeur serait imposable en vertu de l'article 5 ou de l'alinéa 6(1)a) de la Loi. ... Afin de déterminer si un prêt a été contracté «en raison de la charge ou de l'emploi», le Ministère prendrait en considération toute implication de l'employeur ou toute assistance donnée à l'employé par l'employeur et qui lui permettrait d'obtenir le prêt, incluant l'un ou l'autre des facteurs suivants:-l'employeur s'implique lors de la négociation du prêt;-l'employeur garantit le remboursement du capital ou des intérêts sur le prêt;-l'employeur recommande par écrit au prêteur de consentir le prêt à l'employé;-avant l'obtention du prêt, l'employeur signe une entente écrite à l'effet que les frais d'intérêts sur le prêt ou une partie de ceux-ci seront subventionnés soit par un remboursement des frais subventionnés à l'emprunteur ou soit par un paiement direct de ces frais au prêteur;-l'employeur remet, à l'employé, une lettre expliquant au prêteur le montant et les modalités de la subvention d'intérêts sur le prêt que l'employeur accordera à son employé (cette lettre est remise au prêteur). ...

La taxe sur le capital aux Pays-Bas est une taxe perçue auprès des sociétés qui résident aux Pays-Bas lors de l'émission d'actions ou de l'augmentation de leur capital et qui est établie à 1% de la considération reçue par la société en échange de l'émission d'actions ou de l'augmentation de son capital (des documents étaient joints à votre demande décrivant plus amplement la nature de cette taxe). 3. ... En général, il nous apparaît qu'une taxe sur le capital du genre décrit ci-dessus ne serait pas prise en considération dans le calcul des gains exonérés, de la perte exonérée, ou du surplus exonéré d'une société étrangère affiliée qui ne tire aucun gain d'une entreprise qu'elle exploite activement. ...

For the purposes of determining the nature of such payments made to union members or former union members, we are setting out indicia outlined on page 6073 of the Cranswick case (82 DTC 6075) (these indicia have also been included in paragraph 3 of Interpretation Bulletin IT-334R2 entitled "Miscellaneous Receipts") which may be useful in determining whether or not the payments are subject to tax: (a)     The taxpayer had no enforceable claim to the payment; (b)     There was no organized effort on the part of the taxpayer to receive the payment; (c)     The payment was not sought after or solicited by the taxpayer in any manner; (d)     The payment was not expected by the taxpayer, either specifically or customarily; (e)     The payment had no foreseeable element of recurrence; (f)     The payment was not a customary source of income to the taxpayer; (g)     The payment was not in consideration for or in recognition of property, services or anything else provided or to be provided by the taxpayer; it was not earned by the taxpayer, either as a result of any activity or pursuit of gain carried on by the taxpayer or otherwise. ... With respect to such a payment, we also wish to mention that the determination of whether it is subject to tax usually involves a consideration of whether it can be regarded as being a "retiring allowance" as defined in subsection 248(1) of the Income Tax Act (the Act). ...