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Generally, the non-resident withholding tax is considered your final tax liability on the income. ... If you send us your return after the due date, your election will not be considered valid. The 23% non-resident withholding tax will be considered the final tax liability. ...

Generally, the non-resident withholding tax is considered your final tax liability on the income. ... If you send us your return after the due date, your election will not be considered valid. The 23% non-resident withholding tax will be considered the final tax liability. ...

Generally, the non-resident withholding tax is considered your final tax liability on the income. ... If you send us your return after the due date, your election will not be considered valid. The 23% non-resident withholding tax will be considered the final tax liability. ...

Generally, the non-resident withholding tax is considered your final tax liability on the income. ... If you send us your return after the due date, your election will not be considered valid. The 23% non-resident withholding tax will be considered the final tax liability. ...

Generally, a PSB exists where a corporation carries on a business of providing services and the individual is a specified shareholder who is performing the work would reasonably be considered to be an employee of the payer if it were not for the existence of the corporation through which they are performing the services. ... Your tax obligations are based on whether you are a: Payer The business receiving the services is considered the payer (a person or business who pays the corporation for their services). Payee The corporation carrying on a PSB receiving the payment for those services is considered the payee. ...

Carbon Capture, Utilization, and Storage (CCUS) Investment Tax Credit (ITC) What is the CCUS ITC What is the CCUS ITC Who can claim Who can claim What projects qualify What projects qualify Submitting your project plan Submitting your project plan Our review and decision Our review and decision Claiming the credit Claiming the credit After you claim After you claim Your reporting responsibilities Your reporting responsibilities Contact us Contact us What projects qualify A CCUS project is a project intended to support a CCUS process through any of the following: Capturing CO 2 that would otherwise be released into the atmosphere Capturing CO 2 directly from the ambient air Transporting captured carbon Storing or using captured carbon On this page Qualified CCUS projects What expenditures qualify Qualified CCUS projects To be considered a qualified CCUS project, the project must meet the following conditions: Based on the project’s most recent project plan, it is expected to support the capture of CO 2 in Canada for a period that is at least equal to the total CCUS project review period for the project (approximately 20 calendar years) For example, a pilot or demonstration project that would operate temporarily would not be considered a qualified CCUS project Based on the project’s most recent project plan, its projected eligible use percentage equals or exceeds 10% in each of the following periods: If the first project period begins after September of a calendar year, the period beginning on the first day of commercial operations and ending on December 31 of the following calendar year Each calendar year of the project’s total CCUS project review period, other than a period that includes a year referred to in the previous bullet An initial project evaluation must have been issued for the project To be considered a qualified CCUS project, the project cannot be: Operated to service a unit for which the commissioning date was on or before April 7, 2022, and undertaken for the purpose of complying with emission standards that apply, or will apply, under the Reduction of Carbon Dioxide Emissions from Coal-fired Generation of Electricity Regulations What expenditures qualify There are 4 categories of qualified CCUS expenditures. ...

Carrying on a business as a resident of Canada As a resident of Canada, you’re generally considered to be carrying on a business if: your course of conduct indicates that you are disposing of crypto-assets in a way capable of producing gains and you conduct business activities with regularity or continuity. ... For example, even an isolated crypto-asset transaction could count as business income when it is considered “an adventure or concern in the nature of trade.” ... Receiving crypto-assets in exchange for property or services is considered a barter transaction and must be reported as business income. ...

A charity that holds an interest in a partnership is considered to be carrying on a business. ... For investments in limited partnerships that are made or acquired after April 20, 2015, a registered charity will not be considered to be carrying on a business solely because it holds an interest in a partnership, as long as it meets all of the following conditions: The liability of a charity as a member of a partnership is limited under any law governing the arrangement in respect of the partnership. ... This proposal will allow registered charities to hold 20% or less of the interests in a limited partnership without being considered to be carrying on a business solely because they hold that interest. 4. ...

At the time you give the gift, depending on the type of property you give, you are considered to receive an amount equal to one of the following: the undepreciated capital cost for depreciable property the adjusted cost base for other types of capital property Your spouse or common-law partner, or the trust for your spouse or common-law partner or for yourself, is considered to have bought the capital property for the same amount that you are considered to have sold it for. ...

Designating a principal residence You designate your home as your principal residence when you sell or are considered to have sold all or part of it. ... Note If you made an election to have your same-sex partner considered your common-law partner for 1998, 1999, or 2000, then, for those years, your common-law partner also could not designate a different housing unit as their principal residence. ... Complete Form T2091(IND) and include it with your income tax and benefit return in any of the following situations: You sold, or were considered to have sold, your principal residence or any part of it You granted someone an option to buy your principal residence or any part of it For more information on completing Form T2091(IND), see Disposing of your principal residence. ...