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To claim the scholarship exemption, instead of having to qualify for the education tax credit in respect of the program, the student must be considered a qualifying student in respect of the program in the taxation year. ...

In-kind transfers of property from an RRSP to an IPP are not considered swap or RRSP strip transactions. ...

As that date falls on a Saturday, your return will be considered filed on time if the CRA receives it or it is postmarked on or before June 17, 2024. ...

If you normally live outside of Canada, and have not established residential ties in Canada, then, you may be considered a non-resident of Canada. ...

For 2022 and subsequent years, where an eligible medical expense is paid in respect of a surrogate or a donor, the Budget proposes that those expenses be considered to be a medical expense of the individual (for the purposes of the METC), if the expenses meet ALL of the following requirements: The expense is paid by the individual or their spouse or common-law partner; The expense is an amount described under sections 2 to 4 of the Reimbursement Related to Assisted Human Reproduction Regulations, or is an amount paid in respect of a surrogate mother or donor, that would be an expenditure described under sections 2 to 4 of the regulations if it was paid to the surrogate mother or donor; The expense would otherwise be an eligible medical expense for the METC if paid for in respect of the individual or their spouse or common-law partner; The expense is incurred in Canada; The expense is paid for the purpose of the individual becoming a parent. 4. ...

Since April 30, 2022 falls on a Saturday, your return will be considered filed on time if: we receive it on or before May 2, 2022; or it's postmarked on or before May 2, 2022. ...

How COVID-19 benefits affect your return If you received the Canada Emergency Response Benefit (CERB), Canada Emergency Student Benefit (CESB), Canada Recovery Benefit (CRB), Canada Recovery Sickness Benefit (CRSB), or Canada Recovery Caregiving Benefit (CRCB) payments, these are considered taxable income, and you will have to enter on your return the total of the amounts you received. ...

As a result, the increase in the value of the TFSA would be considered an advantage subject to 100% advantage tax. ...

Our eligibility guidelines can help you make sure your project descriptions fully explain the scientific or technological issue your business is trying to address, and clarify what is and is not considered SR&ED work. ...

How files are chosen for an audit The CRA’s risk-assessment systems identify tax returns and subsidy claims that are considered as high risks for non-compliance. ...