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The current version of IT-145, Canadian Manufacturing and Processing Profits – Reduced Rate of Corporate Tax, outlines some of the specifically excluded activities as well as explains various activities which are considered to be "manufacturing or processing" within the ordinary meaning of the term. ... Ordinarily, the above factors will be considered in relation only to a specific year. However, when a company's normal activities have ceased or substantially decreased, the pattern of operations over several years may be considered in deciding whether there has been only a temporary break in the normal activities of the company or an actual change in the principal business. ...

"Related persons" are not considered to deal with each other at arm's length. ... Business expenses – Costs that are considered reasonable that your business incurs to operate and earn income. ... Deemed – A legal term used for something that is considered something else in a specific situation. ...

In this case, although she is considered to be a GST/HST registrant as of August 20, she has up to September 18, 2016, to register for the GST/HST. ... You are also considered to have paid GST/HST on the purchase. The amount of tax paid is equal to the basic tax content of the property. As a result, you may be eligible to claim an ITC for the tax you are considered to have paid. ...

Even though these unique bonds are not normally considered to be contracts of insurance, they do strongly resemble insurance policies. ... A refiner of precious metals is considered to be any person who in the regular course of business converts or refines gold, platinum or silver regardless of the degree of purity. ... For example, a guarantee bond is considered to be a financial instrument. ...

More information on activities that are considered to constitute soliciting orders in Canada will be available in Chapter 6, Imports. ... Partnerships ss 272.1(1) (b) For GST/HST purposes, a partnership is considered to be a person separate from its partners. ... Corporation (d) A corporation is considered a person for GST/HST purposes. ...

" * Sharlow J.A. also considered the decision of the Federal Court of Appeal in Alberta Institute on Mental Retardation v. ... " While acting to change legislation is considered political, ensuring conformity with existing Canadian laws is not. ... A focus on international relations is a foreign policy matter and would be considered a political purpose. ...

At the end of the day, the result is that any conviction for an offence that involves a form of financial dishonesty will always be relevant, whether or not the offence is considered criminal. ... To anticipate one of your questions, you might ask what would be considered “activities in the national interest of Canada”? ... Given the important role it plays, the hospital would likely be considered to be carrying on activities in the national interest of Canada. ...

The prescribed amount of tax is calculated using the rates in subsection 106(1) of the Regulations for items 1, 2 and 3 (considered to be periodic payments) and the rates in subsection 103(4) of the Regulations for item 4 (considered to be a lump sum if paid on winding-up of the plan in full satisfaction of the rights of the plan sponsor). ... The maximum funding valuation determines a ceiling beyond which contributions to designated pension plans cannot be considered eligible contributions. ... This information often includes details specific to an individual taxpayer that may be considered "private or personal". ...

An amount credited from one supplier to another, or from one recipient to another, is not considered to be a trade-in. ... Where a person receives a cash advance from the supplier against the value of the trade-in, the advance is considered a financial arrangement. ... As a result, the interest amount included in a lease payment is not considered to be consideration for an exempt supply, but is part of the taxable lease payments and the GST will apply. ...

This info sheet outlines the methods that are considered to be fair and reasonable by the Canada Revenue Agency (CRA) for purposes of determining the percentage of completion of the construction or substantial renovation of a residential complex situated in Ontario or British Columbia (B.C.) as of July 1, 2010. ... Provincial transitional new housing rebate Generally, a provincial transitional new housing rebate is available in respect of a newly constructed or substantially renovated residential complex, or an addition to a multiple unit residential complex where the construction or substantial renovation of the complex, or addition, is at least 10% complete as of July 1, 2010, and the sale of the complex is subject to the HST at 13% in Ontario or 12% in B.C.; the builder of the complex, or addition, is considered to have made a self-supply of the complex, or addition, on or after July 1, 2010; or the builder is considered to have collected the transitional tax adjustment in respect of the complex. ... The following six methods are generally considered to be fair and reasonable methods that can be used to determine the percentage of completion. ...