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A benefit you pay or provide to your employee is considered taxable if it is either unreasonable or personal in nature. ...

For example, a penalty may be considered in a situation where the taxpayer has disregarded the jurisprudence confirming the application of the GAAR in circumstances similar to the transaction(s) undertaken by or with the taxpayer. ...

An estate is considered to be a testamentary trust. Most estates qualify to be treated as a Graduated Rate Estate (GRE) for tax purposes. ...

Tax-exempt income is not considered in the calculation of many deductions, tax credits and benefits, including: Canada child benefit (CCB) Goods and services tax/harmonized sales tax (GST/HST) credit Registered retirement savings plans (RRSP) deduction limits Charitable donations Medical expenses Form T90 Income Exempt from Tax under the Indian Act Individuals who are registered, or eligible to be registered, as a Status Indian under the Indian Act and have income that is tax exempt under the Indian Act can use Form T90, Income Exempt From Tax Under the Indian Act, to calculate their net exempt income. ...

It provides information on what is considered personal driving, the difference between an automobile and a motor vehicle, and how to calculate. ...

Determine if you live on Indigenous government lands What is tax-exempt income Under Section 87 of the Indian Act, employment income is considered tax-exempt in certain circumstances. ...

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 all of the following conditions are met: 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. ...

Land developers Developers are considered persons or entities who acquire vacant land or existing constructed real properties (to be demolished) and sell the developed land or parcels to others. ...

For your farm to be considered a business, you must have carried on activities with the intention of making a profit and there must be evidence to support that intention. ...

This is usually a capital gain because your mutual fund investment is usually considered capital property for tax purposes. ...