Search - considered

The CRA is widely considered to meet or exceed the expect­a­tions of accuracy, effectiveness and confidentiality that Canadians require from an organi­zation that deals with their personal financial information. ...

The CRA is widely considered to meet or exceed the expect­a­tions of professionalism and confidentiality that Canadians expect. ...

If a business receives special recognition for its donation, or if it receives more than minimal recognition (for example, banners or advertising of products), this is considered sponsorship. ...

Private benevolence Organizations established to benefit a particular individual or a private group, are considered to be established for private benevolence and will not qualify for registration. ...

Note A  qualified donee may not meet the criteria to be considered as an eligible donee. ...

Generally, a corporation will be considered a soliciting corporation under the NFP Act if, in a single financial year, it has received more than $10,000 in public money (this includes solicited public donations, solicited or unsolicited government grants or similar financial assistance, and funds from another soliciting corporation). ...

A cancellation payment is not considered an RRSP or PRPP contribution and therefore, must not be entered as a contribution in “Part A – Contributions” of Schedule 7, RRSP and PRPP Unused Contributions, Transfers, and HBP or LLP Activities, as you cannot claim a deduction for this amount on your income tax and benefit return. ...

To speed up our review when you ask for a waiver under subsection 8503(5) of the Regulations and member contributions are made towards an unfunded liability, please confirm that: member contributions are calculated based on the actuarial liabilities for service accrued before the contribution is required; the contributions cannot reasonably be considered to be for the member’s own benefits; the contributions are made under an arrangement approved by the Minister under which all or a significant number of the active members of the plan must make similar contributions; and the main purpose for the arrangement is to make sure that the plan is adequately funded. ...

Under subsection 8512(1) of the Income Tax Regulations, the following documents must be sent to the Canada Revenue Agency (CRA) for the application to be considered complete: an application form (the prescribed form is Form T510, Application to Register a Pension Plan, signed by the plan administrator); certified copies of the plan text; certified copies of the funding documents 1; certified copies of any agreements relating to the plan; and certified copies of all resolutions and by-laws relating to the plan. ...

In-kind transfers of property from an RRSP to an IPP are not considered swap or RRSP strip transactions. ...