Search - consideration

Whether the CRA is of the opinion that GAAR would apply in this particular situation taking into consideration the recent Tax Court of Canada decisions with respect to surplus stripping cases? ...

X sold all of his HOLDCO common shares to his children in consideration for promissory notes. ...

Ultimately, the determination of whether this rule applies in a particular situation is a question of fact that requires consideration of all of the circumstances. ...

Consideration will have to be given to withdrawing the current position when the bulletin is next revised. 5. ...

Additionally, it appears that consideration should be given to the application of the at-risk and negative ACB rules to the corporate partner (footnote 1) and whether the provisions of section 69 or 103 or the GAAR would apply to this type of situation. ...

As stated by the CRA at the CLHIA Roundtable in May 2009, we recognize that the Income Tax Act (the "Act") does not specifically define the cost of an interest in a life insurance policy and we have brought this to the attention of the Department of Finance for their consideration. ...

Voici quelques éléments qui peuvent être pris en considération par l'ARC lors de la détermination du "taux de rendement normal" dans une situation particulière donnée: Le taux de rendement que la société pourrait obtenir sur le capital investi pour acquérir le bien mis à la disposition de son actionnaire; Le taux d'intérêt sur un emprunt que l'actionnaire aurait obtenu d'une personne avec laquelle il n'a pas de lien de dépendance s'il avait emprunté personnellement pour acquérir le bien mis à sa disposition. ...

In this latter respect, the deductibility of interest on the first loan under paragraph 20(1)(c) is a separate issue that taxpayers will have to take into consideration in structuring their loan arrangements. ...

The CRA will take your suggestion under consideration. CRA Response (b) The Canadian FTC is dependent on a confirmed final tax liability with the foreign tax authority and the supporting documents requested are proof of that confirmed final tax liability. ...

For example, if a corporate shareholder transfers a property it owns (other than shares of the corporation) to the corporation or to another person, a taxable gain will be realized if the cost amount of the consideration received on the transfer is greater than the cost amount of the property transferred. ...