Search - considered

However, since these penalties are considered to be excessive in cases where the non-compliance is with respect to large numbers of information returns, reduced penalties are available where numerous information returns of a type prescribed in the Regulations are filed late or not in electronic format by the same filer. ... The SSER are considered spent for the purposes of spirits and tobacco as these products are no longer regulated under the Excise Act. For the purposes of beer, which continues to be regulated under the Excise Act, the SSER are considered obsolete. ...

For example, a business that was considered to be operating primarily to provide instruction in languages in a fiscal year and that intends to continue to operate in the same manner would be considered to be operated primarily to provide instruction in languages in the following fiscal year. However, if the portion of the business’s total annual revenues that is derived from language course fees/tuition or that can be attributed to instruction in these courses falls to 50% or less during the following fiscal year, the business would no longer be considered to be operated primarily to provide instruction in languages in the next fiscal year. ...

" The criteria to consider in determining the most appropriate method to the circumstances of the case are: "(…) the respective strengths and weaknesses of the OECD recognised methods; the appropriateness of the method considered in view of the nature of the controlled transaction, determined in particular through a functional analysis; the availability of reliable information (…) needed to apply the selected method and/or other methods; and the degree of comparability between controlled and uncontrolled transactions, including the reliability of comparability adjustments that may be needed to eliminate material differences between them. ... Although not compulsory, this "typical process" is considered good practice by the OECD. ... In addition, in order to correct a misquote of the Guidelines, the last sentence of this paragraph is revised to read "The OECD Guidelines identify two exceptional situations where disregarding a transaction would be considered." ...

Subsection 247(4) of the Act deems a taxpayer not to have made reasonable efforts to determine and use arm’s length transfer prices or allocations for purposes of the penalty provision in subsection 247(3) of the Act, for the taxation years (or fiscal periods) under review, unless the taxpayer complies with the following three requirements: The taxpayer makes or obtains, on or before the taxpayer’s documentation-due date (defined in subsection 247(1) of the Act) for the taxation year or fiscal period in which the transaction is entered into, records or documents that provide a description that is complete and accurate in all material respects of: the property or services to which the transaction relates; the terms and conditions of the transaction and their relationship, if any, to the terms and conditions of each other transaction entered into between the participants in the transaction; the identity of the participants in the transaction and their relationship to each other at the time the transaction was entered into; the functions performed, the property used or contributed and the risks assumed for the transaction by the participants in the transaction; the data and methods considered and the analysis performed to determine the transfer prices or the allocations of profits or losses or contributions to costs, as the case may be, for the transaction; and the assumptions, strategies and policies, if any, that influenced the determination of the transfer prices or the allocations of profits or losses or contribution to costs, as the case may be, in respect of the transaction. ... Documentation provided to the CRA under different circumstances or obligations (such as documentation provided with an APA submission or in a return) is not considered documentation previously provided to the CRA for the purposes of the current request for contemporaneous documentation. ... If these conditions are met and the documentation does exist, it will then be considered to have been provided within three months after the request for contemporaneous documentation was served. ...

Some of the courses listed above may require a combination of courses to be considered equivalent depending on the recognized postsecondary institution. ... However, if an acceptable specialization in accounting is required for a position, an employee who has acquired rights but does not have the acceptable accounting courses cannot be considered for the position. ... Candidates possessing a bachelor’s degree in engineering or computer science with an acceptable combination of education, training and/or experience will be considered as meeting the education standard. ...

If you make an “in-kind” contribution to your FHSA, you will be considered to have disposed of the property at its fair market value (FMV) at the time of the contribution. ... When the non-qualified investment ceases to be a non-qualified investment while it is held by the FHSA trust, the FHSA trust is considered to have disposed of the property at its FMV right before that time and to have re-acquired the property for the same amount at the same time. ... When the prohibited investment ceases to be a prohibited investment while it is held by the FHSA trust, the FHSA trust is considered to have disposed of the property at its FMV right before that time and to have re-acquired the property for the same amount at the same time. ...

Since April 30, 2023, falls on a Sunday, your return will be considered filed on time if the Canada Revenue Agency (CRA) receives it, or it is postmarked, on or before May 1, 2023. ... Your payment will be considered on time if the CRA receives it, or a Canadian financial institution processes it, on or before May 1, 2023. ... In addition, certain expenses incurred in Canada for a surrogate or donor may be considered medical expenses of the individual, if they are of a type that would be otherwise permitted as medical expenses of the individual. ...

Since April 30, 2023, falls on a Sunday, your return will be considered filed on time if the Canada Revenue Agency (CRA) receives it, or it is postmarked, on or before May 1, 2023. ... Your payment will be considered on time if the CRA receives it, or a Canadian financial institution processes it, on or before May 1, 2023. ... In addition, certain expenses incurred in Canada for a surrogate or donor may be considered medical expenses of the individual, if they are of a type that would be otherwise permitted as medical expenses of the individual. ...

., ABC-12345678), the format is considered invalid. Invalid Value Example. The XML specifications provide the following formatting requirements for the recipient first name of a T4A slip: <gvn_nm></gvn_nm> Recipient first name- 12 alphanumeric- first 12 letters of the recipient’s first given name- if only initials are available, provide the recipient’s first initial If more than 12 alphanumeric characters are included in the field, the value is considered invalid. ... Report Type Code (<rpt_tcd></rpt_tcd>) Transmitter number (<trnmtr_nbr></trnmtr_nbr>) Transmitter Type Indicator (<trnmtr_tcd></trnmtr_tcd>) Transmitter address (<TRNMTR_ADDR></TRNMTR_ADDR>, <addr_l1_txt></addr_l1_txt> and <addr_l2_txt></addr_l2_txt>) Transmitter city (<cty_nm></cty_nm>) Transmitter province or territory code (<prov_cd></prov_cd>) Transmitter postal code (<pstl_cd></pstl_cd>) Transmitter name line 2 (<l2_nm></l2_nm>) Special Characters If you need to use any of the following special characters, please use a semi-colon after the characters as shown in the chart below: Special Characters Special Character Use < &lt; " &quot; > &gt; ' &apos; & &amp; Although the special characters in the table above are entered as 4 characters or more, they are considered to be only 1 character when entered in the content area of an XML tag. ...

Among other things, these years may be in the process of a risk assessment, they may be subject to an ongoing audit or they may eventually be considered for audit. ... Requests may be considered at a later time, provided they are submitted as soon as possible during the MAP process in order to allow the competent authorities sufficient time to review and consider the request before the conclusion of the competent authority negotiations. ... A competent authority settlement is not considered a precedent for either the taxpayer or the CRA with respect to filing positions, assessments, reassessments or competent authority negotiations on the same issues for subsequent taxation years. ...