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Retention and Disposal Standards: Information relating to the administration of competent authority cases / considerations is retained for seven years after it was received or the case is closed and then destroyed. ... Record Disposition Authority: 2017/012 Related Class of Record Number: CRA LPRAB 117 TBS Registration Number: 20090532 Personal Information Bank Number: CRA PPU 226 Remissions Description: This bank describes personal information related to requests for remission consideration. ... Only then will the submission be sent to the Privy Council Office to be brought before the Treasury Board (Governor in Council) for consideration. ...

Advantage – This is generally the total value of any property, service, compensation, use or any other benefit that you are entitled to as partial consideration for, or in gratitude for, the gift. ... The debt will be a capital loss if you acquired it in either of the following situations: to earn income from a business or property as consideration or payment for the sale of capital property in an arm's length transaction In most cases, the capital loss is equal to the adjusted cost base of the debt. ... You may also have such a loss if you are deemed to have disposed of, for nil proceeds of disposition, a debt or share of a small business corporation under any of the following circumstances: A small business corporation owes you a debt (other than a debt from the sale of personal-use property) that is considered to be a bad debt at the end of the year At the end of the year, you own a share (other than a share you received as consideration from the sale of personal-use property) of a small business corporation that: has gone bankrupt in the year is insolvent and a winding-up order has been made in the year under the Winding-up Act is insolvent at the end of the year and neither the corporation, nor a corporation it controls, carries on business. ...

A successor employer who has acquired all or part of a business, and who has immediately succeeded the former (predecessor) employer as the new employer of an employee, may, under certain circumstances, take into consideration the CPP/QPP, EI, and PPIP deductions already withheld by the previous employer and continue withholding and remitting those deductions as if there were no change in employer. ... You cannot take into consideration any deductions taken by the previous employer. ... Bonuses, retroactive pay increases, or irregular amounts If you paid bonuses, retroactive pay increases or any other additional or unusual amounts to your employees, you have to deduct all of the following amounts: CPP contributions (without taking into consideration the annual basic exemption amount if the payment is made separately from their regular pay) EI premiums income tax Note Certain retroactive payments related to previous years that are paid in the current year, are eligible for a special tax calculation when the employee files their income tax and benefit return. ...

Retention and Disposal Standards: Information relating to the administration of competent authority cases / considerations is retained for seven years after it was received or the case is closed and then destroyed. ... Record Disposition Authority: 2017/012 Related Class of Record Number: CRA LPRAB 117 TBS Registration Number: 20090532 Personal Information Bank Number: CRA PPU 226 Remissions Description: This bank describes personal information related to requests for remission consideration. ... Only then will the submission be sent to the Privy Council Office to be brought before the Treasury Board (Governor in Council) for consideration. ...

The rebate is not available if: the specified person has acquired or imported the books to be sold or given away for GST/HST that becomes payable after July 27, 2018, without having been paid on or before that day, the specified person has acquired or imported the books for the purpose of transferring ownership of the books as part of a single supply of another property or service Specified persons that are prescribed charities and prescribed non-profit organizations whose primary purpose is the promotion of literacy can claim a rebate of the GST/HST payable on printed books and their updates, audio recordings of printed books, and printed versions of religious scriptures that are acquired other than for the purposes of sale for consideration. ... If the loans are later reimbursed, they will be deducted from revenue at that time proceeds from the issuance of equity securities monetary capital contributions (for example, the raising of capital by an NPO that cannot issue shares) Also include the following amounts from which you can deduct 25% to take into account the cost of fundraising: financial payments, such as private gifts and donations the total of all amounts by which the fair market value of a financial instrument received by the NPO is more than the consideration paid or payable for the instrument all receipts from sponsorships all receipts from taxable (including zero-rated) and exempt sales of property and services (do not include receipts from sales of real property or capital property, sales of financial instruments, benefits granted to employees or shareholders, or property you are deemed to have sold when you stop being a registrant) proceeds from gambling activities, minus prizes and winnings paid out Record ongoing revenue, such as sales, membership fees, or revenue items for activities extending over a number of years, when you receive them or when they become receivable, whichever is earlier. ...

Commissioner Hamilton continued to represent the FTA forum on the governing board of OECD/United Nations Tax Inspectors Without Borders (TIWB), a joint initiative of the OECD and the United Nations Development Programme Governing Board developed the Knowledge Sharing Platform for Tax Administrations, an online platform that promotes sharing tax knowledge and expertise globally, including by delivering hundreds of online learning events Objective 2: Adjusting the compliance approach according to the degree of non-compliance Results met: Under this objective, the CRA achieved results in the following areas in 2021–2022: Using the Liaison Officer service to guide clients through their tax obligations, taking into account the impact of COVID-19 on their business Decreasing its reliance on audit and audit reassessments when addressing low-dollar reporting discrepancies for small and medium business Increasing the consideration of penalties for gross negligence and third-party involvement in cases of serious repeated non-compliance In its 2021–2022 Departmental Plan lxxi, the CRA committed to delivering three initiatives under this objective during the reporting year. ... The program’s goal is to ensure these protégés have equal consideration for high priority projects, developmental opportunities and career advancement, while helping remove barriers. ...

References Section 54 IT‑170, Sale of Property- When Included in Income Computation IT‑448, Dispositions- Changes in Terms of Securities IT‑460, Dispositions- Absence of Consideration S3-F4-C1, General Discussion of Capital Cost Allowance Designation under paragraph 111(4)(e) Answer yes or no to the question on line 050, page 1 of Schedule 6. ... However, if the donee disposes of the security within 60 months, for consideration other than another non‑qualifying security of any person, or the security ceases to be a non‑qualifying security of the corporation within 60 months, the corporation will be treated as having made the gift at that later time. ...

Established in August 2007, the PMF was set up to, amongst other things, approve cases and programs following consideration at the regional level. ...

This raises the question as to the extent the CPOP wants to promote itself taking into consideration the resulting impact on workload. ...

The regulation of charities, beyond income tax considerations, is constitutionally under the jurisdiction of the provinces and territories. ...