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For example, a lender may make a loan that is not prompted by the ordinary considerations that govern its money-lending business. ... In a given situation, one factor for consideration is the normal commercial practice that could be expected under similar circumstances. 1.68 At the time the loan is made, the arrangements for repayment must be such that it is possible to determine, with some certainty, the period within which the loan will be repaid. ...

Although the determination of the amount of the advantage in each year is a question of fact, the cost of equivalent term-life insurance coverage based on insurance underwriting considerations such as the individual’s age, gender, and health would be a relevant factor. ... It would also give rise to an advantage described in ¶ 3.16(b) as it is reasonable to consider that the dividend payments were made in substitution of the corporation paying bonuses or other remuneration to the employees in consideration for services rendered. ...

Such requests should be directed to: Collections and Verification Branch Validation, Policies, and Procedures Section Canada Revenue Agency 3rd Floor, 395 Terminal Avenue Ottawa ON K1A 0L5 Canada Eligibility of United States educational institutions 2.14 The eligibility under paragraph 118.5(1)(c) of a United States educational institution to which a student commutes from Canada (see ¶2.10(b)) is determined by the CRA on an individual basis by applying considerations similar to those used in determining the eligibility of Canadian educational institutions under subparagraph 118.5(1)(a)(i). ... As such, once the amount of eligible tuition, education, and textbook tax credits available for transfer is determined pursuant to section 118.81, the actual amount of the student’s unused tax credits that may be claimed by the student’s spouse or common-law partner is subject to an additional calculation which takes into consideration the possible transfer of unused child, age, pension, and disability tax credits of the student, as follows: A + B – C The variables in this formula are as follows: A is the total of the tuition, education, and textbook tax credits that the student transferred to a spouse or common-law partner for the year, pursuant to section 118.81. ...

Premiums paid to a private health services plan (PHSP) 1.133 Subject to the exception discussed at ¶1.135, paragraph 118.2(2)(q) provides that any premium, contribution or other consideration (including GST, PST, HST and premium taxes) that an individual has paid to a PHSP for that individual, the individual’s spouse or common-law partner, or a member of the household with whom the individual is connected by blood relationship, marriage, common-law partnership or adoption may be an eligible medical expense. See Interpretation Bulletin IT‑339R2 and the web page Private Health Services Plan. 1.134 Premiums, contributions or other consideration paid to provincial medical or hospitalization insurance plans are not eligible medical expenses. 1.135 To the extent premiums, contributions or other consideration paid to a PHSP are deducted under subsection 20.01(1) in computing an individual’s income for any tax year from a business carried on by the individual, the amounts are not deductible under paragraph 118.2(2)(q). ...

Private health services plan premiums, contributions, or other consideration paid for by the trust cannot be claimed by an employee under paragraph 118.2(2)(q) as eligible medical expenses. ...

However, the reasonable basis should also take into consideration the personal use, if any, of a work space that is an individual's principal place of business. 2.19 To clarify, a work space that is an individual’s principal place of business may be used for personal purposes since there is no requirement that the work space be used exclusively for business in order to meet the test described in ¶ 2.4(a). ...

Meaning of rate reduction fee and prepayment penalty 1.31 The term rate reduction fee refers to the consideration paid by a taxpayer for a reduction in the rate of interest payable by the taxpayer on a debt obligation. ...

However, consideration should be given to whether the inclusion of such directions in the will is valid under the relevant provincial law and that the spouse trust has been validly constituted. 1.14 In relation to the Province of Quebec, subsection 248(3) deems a usufruct, a right of use or habitation, or a substitution governed by the laws of the Province of Quebec to be a trust for purposes of the Act. ...

The determination of whether a plan is a pension plan is a question of fact, as there is no definition in the Act. 3.3 The CRA generally considers a pension plan to exist where contributions are: made to the plan by or on behalf of an employer or former employer of an employee; made in consideration for the employee’s employment services; and used to provide an annuity or other periodic payment on or after the employee's retirement. ...