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Note If you were a resident (including a deemed resident) of Canada in 2002 but, under a tax treaty, you were considered a resident of another country, you may be a deemed non-resident of Canada for tax purposes in 2002. ... If so, though we may consider you to be a deemed resident of Canada, under Quebec law you may also be considered a deemed resident of that province. ... 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. ...

Please refer to the Contract Expenditures for SR&ED Performed on Behalf of a Claimant Policy; the portion of an expenditure for salary or wages incurred in the year for an employee who is directly engaged in SR&ED in Canada that can reasonably be considered to be for such work, with regard to the time the employee spent performing the work. ... Salary or wages incurred for clerical and administrative personnel providing a service to SR&ED employees could be considered to be directly related and incremental to SR&ED depending on the facts of the case. ... A retiring allowance cannot be claimed under the proxy method since this type of allowance is considered to be part of the PPA. ...

For the purposes of the CVITP, a police records check is considered valid if it was issued within the past three years. ... These payments are considered taxable income. The total amount received must be reported on the individual’s tax return. ... Important note For the purposes of the CVITP, a police records check is considered valid if it was issued within the past three years. ...

Those transactions would not be considered a direct transfer and would cause unintended tax consequences. ... If the amount is directly transferred from your FHSAs to your RRIFs, it will also be considered as a new RRSP contribution with similar consequences as noted above. If you withdraw the property from the FHSA yourself, this will not be considered a direct transfer and there will be tax consequences. ...

As in prior years, the F&A requested Internal Audit Division's (IAD) assistance in the verification of selected financial statement information considered a potential risk from a financial reporting perspective. ... Also considered is cash on hand, which represents cash receipts received in the old fiscal year but deposited in the new fiscal year (approximately $4 billion). ... Although considered sufficiently accurate for financial statement purposes, there are differences that continue to exist. ...

A private benefit is a benefit or advantage provided to a person, entity, or organization that is not a charitable beneficiary, or a benefit provided to a charitable beneficiary that goes beyond what is considered to be charitable. 42. ... On the other hand, while providing transportation to eligible beneficiaries for social activities conducted in another country could also relieve isolation and loneliness, it would likely be considered disproportionate to the resulting public benefit. 45. ... When housing is provided to the couple that includes specially adapted facilities, services, or other amenities, the private benefit conferred on the spouse who is not the eligible beneficiary would be considered incidental. ...

An investment entity in a non-participating jurisdiction, managed by another financial institution and for whom at least 50% of its gross income is from investing or trading in financial assets, is considered a passive non-financial entity. ... However, under the CRS, an entity that is an investment entity in a non-participating jurisdiction, managed by another financial institution and for whom at least 50% of its gross income is from investing or trading in financial assets, is considered a passive NFE. ... For a corporation, an individual is considered to be controlling if they directly or indirectly own or control 25% or more of the corporation. ...

Refer to the Contract Expenditures for SR&ED Performed on Behalf of a Claimant Policy; the portion of an expenditure for salary or wages incurred in the year for an employee who is directly engaged in SR&ED in Canada that can reasonably be considered to be for such work, with regard to the time the employee spent performing the work. ... Salary or wages incurred for clerical and administrative personnel providing a service to SR&ED employees could be considered to be directly related and incremental to SR&ED depending on the facts of the case. ... A retiring allowance cannot be claimed under the proxy method since this type of allowance is considered to be part of the PPA. ...

However, in order to prevent the same amount from being taxed twice, such an amount is considered to be the cost of the income interest to the recipient and may be deducted from the amount allocated to the recipient as provided in subsection 96(1.3). ... No amount is included in the estate's income since the $4,000 that is required to be included under section 96(1.1) is considered to be reduced by a cost of $4,000 under subsection 96(1.3). ... In addition, new number 18 includes a reference to the applicable form for the subsection 159(5) election and clarifies that "1971 receivables" are not considered to be rights or things. ...

Where a full-time remote work agreement was made, an employee will also be considered to report to your establishment where they are reasonably considered "attached to an establishment of the employer". ... If the employee reports for work at your place of business, the province or territory of employment is considered to be the province or territory where your business is located. ... The rate for the additional federal tax for income which is considered to have been earned in Canada but which is not earned in a province or territory is 48% for 2024. ...