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The PSTC is considered to have been paid on account of taxes payable under Part I of the Act, making the amount fully refundable in the year the PSTC is claimed. ... However, the PSTC is not considered to be government assistance for the purposes of determining the PSTC itself. ... A revoked certificate is considered never to have been issued for the purposes of claiming a PSTC. ...

Subsection 18(9) requires a taxpayer to match certain outlays or expenses to the taxation year to which they can reasonably be considered to relate. ... Where, in a particular taxation year, it becomes apparent that the benefit will not last as long as previously anticipated, the amortization period should be terminated or reduced so that the unamortized amount is written off in the year or over the remaining period to which it can reasonably be considered to relate, as the case may be. ¶ 10. ... Similarly, court decisions subsequent to the date of the IT should be considered when determining the relevancy of the comments in the IT. ...

Only requests relating to tax years ending in any of the 10 calendar years before the year you make the request will be considered. For example, a request made in 2006 must relate to the 1996 or a subsequent tax year to be considered. ... However, this may not apply if you were a factual resident who, under a tax treaty, is considered to be a resident of another country. ...

Land was added to the list of exclusions as land is not considered depreciable property by virtue of subsection 1102(2) of the Regulations. ¶1.18 (formerly included in ¶3 of IT-128R and ¶21 of IT-285R2) has been updated to reflect the potential deduction of site investigation costs under paragraph 20(1)(dd). ¶1.19 has been added to provide a list of certain costs that may be deductible as current expenses in computing a taxpayer’s income from business despite the fact that such costs would otherwise be considered as capital expenditures. ¶1.20 (formerly ¶5 of IT-128R) has been expanded to add an example outlining the tax treatment of property that is normally inventory to the taxpayer, but was previously rented or leased and then sold. ¶1.21 (formerly included in ¶15 of IT-285R2 and ¶2 of IT-128R) has been expanded to include a reference to property deemed to be owned by the taxpayer. ... The amendment was added by S.C. 2013, c. 34, s. 349(1), applicable to tax years that end after December 20, 2002. ¶1.113 (formerly included in ¶14 of IT-478) has been modified to provide an additional example of when it may be necessary to revise the capital cost of a depreciable property (error made by claiming CCA on a property that is not considered depreciable property). ... A reference to Interpretation Bulletin IT-472, Capital Cost Allowance – Class 8 Property, was also added. ¶1.118 (formerly ¶4 of IT-285R2) has been expanded to include more examples of items that are considered automotive equipment. ¶1.119 (formerly ¶27 of IT-285R2) has been modified to delete those references that either no longer exist or are no longer relevant. ...

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. ...

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. ...

Any trust that does not meet the definition of testamentary trust as found in the ITA is considered and treated as an inter vivos trust for GST/HST purposes. ... Therefore, where a trustee acting as such contracts to acquire property or services for the trust, the trust is considered to have contracted for the property or services. Where a trustee of the trust contracts to make a supply of trust property, the trust is considered to have contracted to supply the property. ...

On the other hand, when the third type of option is granted, the grantor is considered to have disposed of property and a gain would be realized by the grantor. ... As described in ¶ 5 above, when an option expires, the holder is considered to have disposed of the option. ... Similarly, court decisions subsequent to the date of the IT should be considered when determining the relevancy of the comments in the IT. ...

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. ...

Subsection 18(9) requires a taxpayer to match certain outlays or expenses to the taxation year to which they can reasonably be considered to relate. ... Where, in a particular taxation year, it becomes apparent that the benefit will not last as long as previously anticipated, the amortization period should be terminated or reduced so that the unamortized amount is written off in the year or over the remaining period to which it can reasonably be considered to relate, as the case may be. ¶ 10. ... Similarly, court decisions subsequent to the date of the IT should be considered when determining the relevancy of the comments in the IT. ...