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If there is no share capital, a person who has the ability to appoint the Board of Directors of the corporation will be considered to control the corporation. ...

Advancing funds to a consumer for the amount of the rebate is considered a private arrangement between you and the recipient and is not the same as paying or crediting the rebate amount to the recipient. ...

The services provided by the lawyer and the articling student are considered legal services. 5. ...

How to calculate ITCs for allowances You need to calculate the amount of GST or HST that you are considered to have paid on a reasonable allowance. ...

ITC eligibility on allowances Generally, you are considered to have paid the GST/HST on a reasonable allowance you pay to your employees or partners (or volunteers if you are a charity or a public institution) if you meet all of the following conditions: the allowance is used to pay GST/HST taxable (other than zero-rated) expenses and at least 90% of the expenses are incurred in Canada, or the allowance is for the use of a motor vehicle in Canada the allowance is or would be deductible for income tax purposes the expenses incurred by your employees, partners, or volunteers would have been eligible for ITCs if you had incurred them For more information, see GST/HST Memorandum 9.3, Allowances. ...

There is more land in this parcel than is considered reasonably necessary for the use or enjoyment of the residential complex as a place of residence for individuals. ...

Generally, a receipt should not be issued to the buyer because the price paid is considered to be its actual value in circumstances typically surrounding a sale to the highest bidder, meaning that no gift was made. ...

Subsection 104(19) permits such a designation by a trust that was resident in Canada throughout a taxation year to the extent that the taxable dividends received by it in the year may reasonably be considered under the circumstances (including terms and conditions of the trust arrangement) to have been included in the income of a beneficiary for the year. ...

. ¶1.19 is added to clarify some of the factors considered when determining trustee independence. ...

Generally, a person is considered to be a Connected person if the person: owns, directly or indirectly, at least 10 per cent of the issued shares of any class of the capital stock of the employer or of a corporation related to the employer; does not deal at arm's length with the employer; or is a specified shareholder of the employer by virtue of paragraph (d) of the definition "specified shareholder" in subsection 248(1) of the Income Tax Act (the Act). [8500(3)] Defined benefit limit For years before 1995, the defined benefit limit is $1,722.22. ...