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Given these considerations, the CRA has focused on publishing estimates for specific components of the federal tax gap as well as detailed information on the methodological approaches used to estimate it. ... This report examined key considerations related to tax gap estimation and outlined different approaches taken by tax administrations in other countries. ...

Algorithms take into consideration a variety of data elements, including filing information, rebate applicability, claim by claim comparisons, existing relationships, and accounting methodologies, among others. ... The nature of a business, its reputation or its financial health were not factors that were considered for eligibility, as the legislative framework did not allow for these considerations. ...

Algorithms take into consideration a variety of data elements, including filing information, rebate applicability, claim by claim comparisons, existing relationships, and accounting methodologies, among others. ... The nature of a business, its reputation or its financial health were not factors that were considered for eligibility, as the legislative framework did not allow for these considerations. ...

Tax payable of $3,000 or less You do not have to make instalment payments on your federal taxes if the total of your taxes payable under Parts I, VI, VI.1, and XIII.1, determined before taking into consideration specified future tax consequences and before the deduction of current-year refundable tax credits for either the current or previous year, is $3,000 or less [subsection 157(2.1)]. ... Reference IT-302, Losses of a Corporation – The Effect that Acquisitions of Control, Amalgamations, and Windings-up have on Their Deductibility – After January 15, 1987 Specified future tax consequences For instalment calculations, the tax payable for a tax year is the total tax payable for the year before taking into consideration the specified future tax consequences for the year [Regulation 5301(10)]. ...

The provincial factor takes into consideration each combination of a participating province, a participating employer, a pension plan of the participating employer and a fiscal year of the participating employer. ... Example 13- Application of subsection 172.1(5) deeming provisions Continuing from example 11, the specified resource is computer hardware purchased from a supplier located in NL, for which B Co paid consideration of $5,000, plus 13% HST. ... The normal GST/HST rules would apply to this supply: where the supply was made in NL, the trust would pay HST to B Co equal to 13% of the value of consideration for the supply, calculated as: $5,000 × 13% = $650 B Co must collect and account for HST of $650 on its return for the reporting period in which it made the supply. ...

Some of the information included in the financial statements, such as accruals and the allowance for doubtful accounts, is based on management's best estimates and judgment, with due consideration to materiality. ... The amount to be paid in respect of the cases identified as likely to be lost has been recorded in accounts payable and accrued liabilities, based on the current best estimate of the consideration required to settle the present liabilities at the end of the reporting period, taking into account the risks and uncertainties surrounding the liabilities. ... Alignment with the priorities outlined in the CRA Corporate Risk Profile is one of the considerations used to inform the priority ranking of initiatives. ...

Some of the information included in the financial statements, such as accruals and the allowance for doubtful accounts, is based on management's best estimates and judgment, with due consideration to materiality. ... The amount to be paid in respect of the cases identified as likely to be lost has been recorded in accounts payable and accrued liabilities, based on the current best estimate of the consideration required to settle the present liabilities at the end of the reporting period, taking into account the risks and uncertainties surrounding the liabilities. ... Alignment with the priorities outlined in the CRA Corporate Risk Profile is one of the considerations used to inform the priority ranking of initiatives. ...

However, when an employee or an employee's relative has reimbursed an amount for a taxable benefit other than for a standby charge or the operating expense of an automobile, this reimbursed amount is consideration for a taxable supply. ... When you are calculating the amount of GST/HST that you are considered to have collected on an automobile benefit you must take all three factors into consideration. ... Moving expenses that are considered non-taxable benefits are discussed in Moving expenses and relocation benefits During the same GST/HST reporting period, you make a supply of the property or service to an employee or their relative for consideration that becomes due in that period and that is equal to its fair market value Property supplied by way of lease, licence, or similar arrangement You cannot claim an ITC for the GST/HST paid or payable on property supplied by way of lease, licence, or similar arrangement that is more than 50% for the personal consumption, use, or enjoyment of one of the following: if you are an individual, yourself or another individual related to you if you are a partnership, an individual who is a partner or another individual who is an employee, officer, or shareholder of, or related to, a partner if you are a corporation, an individual who is a shareholder or another individual related to the shareholder if you are a trust, an individual who is a beneficiary or another individual related to the beneficiary However, you can claim an ITC if, during the same GST/HST reporting period, you make a taxable supply of the property to that individual for consideration that becomes due in that period and that is equal to its fair market value. ...

The part of her termination benefit that was transferred to another defined benefit RPP is excluded as a specified distribution but is taken into consideration in the PA transfer amount (amount D). ...

Repairs are not taken into consideration in determining whether a substantial renovation has taken place and may not be included in a new housing rebate claim. ...