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Only the most current information is considered valid for data purposes. ...

Only the most current information is considered valid for data purposes. ...

. ¶1.36 has been added to list factors summarized by the Federal Court of Appeal in Rich v the Queen 2003 FCA 38, 2003 DTC 5115 that are normally to be considered in establishing whether a debt has become a bad debt. ¶1.37 and 1.38 have been added to reflect the Federal Court of Appeal’s comments in Rich about the consideration to be given to other factors, namely, future prospects of the debtor and, any non-arm’s-length relationship between the creditor and the debtor. ¶1.44 has been added to describe subparagraph 40(2)(g)(ii). ¶1.45 has been added to clarify that for purposes of the exception in 40(2)(g)(ii), the income-earning-purpose requirement refers to that of the creditor who lends the funds to, or guarantees the debts of the corporation. ¶1.46 has been added to reflect the Federal Court of Appeal decision in Byram v The Queen, 1999 DTC 5117 (FCA); [1999] 2 CTC 149. ¶1.47 has been added to reflect that in terms of meeting the exception for income-earning purpose in subparagraph 40(2)(g)(ii), there must be sufficient connection between the creditor making the loan to, or guaranteeing the debts of the corporation, and the potential for earning income from business or property. ¶1.52 (formerly ¶8(b) of IT-484R2) has been updated to reflect that clauses 39(1)(c)(vi)(B) and (C) were amended by S.C. 2000, c.12, Sch. ...

If you ask the CRA to return your voluntary payment or the voluntary security you provided for the assessed tax debt while your challenge of the tax assessment is being considered, the CRA may ask for a jeopardy order allowing it to keep the payment or the security. ...

Strategic Environmental Assessment During the 2015-2016 reporting cycle, the CRA considered the environmental effects of initiatives subject to the Cabinet Directive on the Environmental Assessment of Policy, Plan and Program Proposals, as part of its decision-making processes. ...

Mental functions necessary for everyday life A person is considered markedly restricted in performing the mental functions necessary for everyday life (described below) if, even with appropriate therapy, medication, and devices (for example, memory aids and adaptive aids): he or she is unable or takes an inordinate amount of time to perform them by himself or herself and this is the case all or substantially all the time (at least 90% of the time) Mental functions necessary for everyday life include: adaptive functioning (for example, abilities related to self-care, health and safety, abilities to initiate and respond to social interactions, and common simple transactions) memory (for example, the ability to remember simple instructions, basic personal information such as name and address, or material of importance and interest) and problem-solving, goal-setting, and judgment, taken together (for example, the ability to solve problems, set and keep goals, and make the appropriate decisions and judgments) A restriction in problem-solving, goal-setting, or judgment that markedly restricts adaptive functioning all or substantially all the time (at least 90% of the time) would qualify. ...

The children must be under 18 on that date to be considered eligible. ...

Your form is considered filed with us the same day that it is completed online. ...

. ¶ 1.48 (formerly ¶14 of IT-513R) has been modified to remove the sentence, "No tax credit is allowable for a fetus or a stillborn child" to remove wording that could be considered insensitive. ...

When conducting its review, the CRA considered the comments made by OCAC about striking the right balance between helping those who were fully compliant and having appropriate consequences for those who were seriously breaking the rules. ...