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Reasons for the Revision We have revised the bulletin to reflect amendments to the Income Tax Act and to take into consideration S.C. 2000, c.12 (formerly Bill C-23), which was designed to amend many statutes, among them the Income Tax Act, to provide similar tax treatment to same-sex common-law couples as is provided to opposite sex couples. ...

In arriving at its decision, the Court indicated that it is impossible to list all of the factors that might be taken into consideration in determining whether a corporation might be subject to de facto control and, after restating the test in Silicon Graphics without explicitly applying it, concluded that the evidence must demonstrate that the decision-making powers of the corporation rest with persons other than those with de jure control. ...

A gift is generally defined as a voluntary transfer of property without consideration. ...

In arriving at its decision, the Court indicated that it is impossible to list all of the factors that might be taken into consideration in determining whether a corporation might be subject to de facto control and, after restating the test in Silicon Graphics without explicitly applying it, concluded that the evidence must demonstrate that the decision-making powers of the corporation rest with persons other than those with de jure control. ...

Although the rules regarding political activities are under consideration with a view to expanding permissible activities, organizations that substantially carry on political activities, as opposed to charitable activities, do not qualify for registration as charities nor would they under the proposed rules. ...

After the valuation day, a person (other than a qualified donee) who receives an amount from the charity will—unless the amount is included in items 1 to 3 or is consideration given by the person in respect of such an amount—be jointly and severally liable with the charity for any related revocation tax payable. ...

GST/HST will generally apply to the consideration paid by the medical laboratory for the services of the independent contractors. ...

This document sets out the proposed policy of the CRA’s Charities Directorate concerning the reporting guidelines for fundraising expenses and the process and considerations for determining whether a registered charity’s fundraising is acceptable. ...

Some other factors that may have to be taken into consideration are: the size of the block of shares in relation to the whole; the volume traded; the attributes of the shares; whether the donor had control or was a minority shareholder; whether there were any restrictions on the transferability of the shares; and whether the shares were thinly traded, requiring a look at trades over a longer period of time. ...

The addition of the definition of "qualifying payment" in former paragraph 61(4)(c), for purposes of an IAAC, effectively terminated the deduction available under subsection 61(1) for single payments, such as death benefits, paid after November 12, 1981, in consideration for an IAAC, since a "qualifying payment" generally only includes a single payment made before November 13, 1981. ...