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In substance, the Arrangement provided that each shareholder of Pubco would receive either: (i) XXXXXXXXXX Fund Units XXXXXXXXXX as consideration for the disposition of each common share of Pubco on a fully taxable basis; or (ii) XXXXXXXXXX Class B LP Units XXXXXXXXXX for each common share of Pubco in which case the shareholder was eligible, in certain circumstances, to make an election under subsection 97(2) in respect of such exchange. 3. ...

E-13 was mandatory, this finding was based on the wording of the particular legislation under consideration. ...

Pour répondre de façon succincte à la question d'interprétation que vous nous soumettez, nous sommes d'avis qu'on ne peut pas prendre en considération seulement le solde du compte d'IMRTD d'une sociétés donnée immédiatement avant la réception d'un dividende par celle-ci aux fins du calcul du RTD ou de l'impôt de la partie IV de cette société ou d'une autre société pour une année d'imposition donnée. ...

Bidco will acquire all the issued and outstanding common shares of the capital stock of Pubco for consideration of $XXXXXXXXXX per share, such that Pubco will become a wholly-owned subsidiary of Bidco. ...

An employer's arrangement will be considered an IP if: the employer makes contributions; the arrangement covers two or more employees; and the arrangement contains an undertaking by one person to indemnify another person, for an agreed consideration, from a loss or liability in respect of an event, the happening of which is uncertain. ...

In the context of a wind-up, the transfer may be treated as consideration for the disposition by the member of his membership rights, generally viewed by CRA as capital property. ...

In the situation under consideration, neither of these paragraphs applies. ...

24 June 2015 External T.I. 2015-0575911E5 F- Benefit to shareholder or conferred on a person CRA Tags 15(1) 15(1.4)(c) 56(2) 246(1) Principales Questions: 1- Corporation (Opco) with 4 shareholders disposes of an asset to the spouse of one the shareholders for consideration less than FMV. 2- What if the 4 shareholders are shareholders of Holdco and all the shares of the capital stock of Opco are held by Holdco. 3- What if the 4 shareholders are brothers. ...

However, even without the consideration of the source it is likely that a FTC will not be available on the basis that the tax paid to the Japanese tax authorities was a voluntary payment and not "tax" within the meaning of subsection 126(1). ...

Les facteurs à prendre en considération pour déterminer le statut de résidence d'un particulier aux fins de l'impôt sur le revenu sont décrits dans le Folio de l'impôt sur le revenu S5-F1-C1 The factors to be taken into account in making the determination of an individual's residency status for the purpose of income tax are described in the Income Tax Folio S5-F1-C1. ...