Search - considered

In addition, an activity that might not ordinarily be classified as a business (such as buying, selling and holding investments) may be considered as such if it is carried on as a business endeavour. ... Otherwise, every limited partner may be considered to be a general partner. 61. ... Individual A and Individual B may be considered to be members of a partnership with respect to the operation of the retail store because they are carrying on a business in common with a view to profit. 86. ...

Amounts not eligible for transfer from an RPP and DPSP Report in box 18 amounts you transferred that are greater than the amounts allowed under subsections 147.3(1) to (8) or 147(19) of the Income Tax Act that are considered income in the year they are transferred. These amounts are considered income in the year they are transferred. ... This is considered a qualifying medical expense which the recipient may claim medical expense tax credit on their income tax and benefit return. ...

A faxed copy is not considered an original form. You must keep a copy of these forms for three years. ... A client's signature on this line is not considered a proof of payment. ... Your return is considered on time if we receive it or if it is postmarked on or before the next business day. ...

The taxpayer is considered to have disposed of the property at the time the contribution or transfer of the property is made. The proceeds of disposition and the amount of premium considered to be paid are equal to the fair market value of the property transferred or contributed by the taxpayer at the time of its disposition. ... In addition, for 1993 and subsequent years, if two individuals are considered to be spouses because they are parents of the same child, they will be so considered only if they are the natural or adoptive parents of that child. ...

The notice period is considered eligible service. Moreover, if instead of advance notice of termination the employee receives termination pay equal to the wages that the employee would have received during the notice period, the foregone notice period can similarly be considered eligible service. ... This is considered eligible service with an employer who participated in the plan under paragraph 8(e)(i) of IC72-13R8. ... Therefore, the re-purchase of this past service with new money would not be considered double-dipping. ...

In addition, the meaning of mineral includes substances that are considered to be minerals within the ordinary meaning of that word. ... Jones is considered to be making a supply of a right to enter property for purpose of exploring for or exploiting a gravel deposit. ... Jones for the purchase of the gravel that is removed is considered to be a fee or royalty charged or reserved in respect of the right to explore for or exploit a natural resource. ...

In limited situations, the RTA and claimant may agree that the review can be completed without a site visit even though some work is not considered eligible by the RTA. ... Statements made in interviews will be considered along with the other supporting evidence that the claimant provides. ... For the claimant: Be clear about concerns and requests for clarification, and be specific in rebuttals; and Give information that can clarify misunderstandings, and give any facts that had not been considered. ...

The conditions are similar to those described in section 4.1 except that, in this case, all or part of the qualified expenditures can reasonably be considered to have been the subject of an agreement to transfer qualified expenditures. ... The asset will be considered to be converted to commercial use when it becomes available for use. ... Since the FMV of the property would reflect the costs of materials transformed into the property, the labour costs and a portion of the overhead expenditures, the FMV will usually be greater than the other limit to calculate (that is, the amount that can reasonably be considered to be included in computing the claimant's investment tax credit (ITC) in respect of the particular property that was acquired by the claimant). ...

Generally, a gifting arrangement is any arrangement under which it may reasonably be considered, based on statements or representations made or proposed to be made in connection with the arrangement, that a person entering into the arrangement would: make a gift to a qualified donee, or make a political contribution, of property acquired by the person under the arrangement; or incur a limited-recourse debt that can reasonably be considered to relate to a gift to a qualified donee or a political contribution. ... “Related persons” are not considered to deal with each other at arm’s length. ... Where, for example, the only collateral for the debt is the tax shelter property itself, or potential income from that property, the $90,000 would be considered to be a limited-recourse amount. ...

The present value test in clauses 8503(2)(a)(ii)(E) and (F) of the Regulations would not apply since the indexation provided under the plan would not be considered a combination of indexation adjustments. ... Under subsection 147.2(8) of the ITA, the former employees of Employer A are considered to be former employees of Employer B since they are employees of a predecessor employer (as defined in section 8500(1)) provided that Employer B is considered to be a participating employer in relation to the pension plan. ... Otherwise, the plan would not be considered to be administered in accordance with the terms of the plan as registered. ...