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You were present in Canada You were at least 15 years old You had a valid Social Insurance Number (SIN) You earned at least $5,000 in 2019, 2020, 2021, or in the 12 months before the date you applied from any of the following sources: employment income (total or gross pay) net self-employment income (after deducting expenses) maternity and parental benefits from EI or similar QPIP benefits What counted towards the $5,000 Counts as income: All employment or self-employment income, including: tips non-eligible dividends honoraria (nominal amounts paid to volunteers) royalties (payments to artists) Does not count as income: disability benefits student loans, bursaries or scholarships social assistance or family support payments Canada Pension Plan (CPP), Québec Pension Plan (QPP), or other pension income Old Age Security (OAS) payments amounts from these COVID-19 benefits: Canada Emergency Response Benefit (CERB) Canada Emergency Student Benefit (CESB) Canada Recovery Benefit (CRB) Canada Recovery Caregiving Benefit (CRCB) Canada Recovery Sickness Benefit (CRSB) Canada Worker Lockdown Benefit (CWLB) You were the only person in your household who applied for the benefit for the week What is considered a household for this benefit A group of people who lives together as a family unit at the same address You were not receiving paid leave from your employer for the same period You were not self-isolating or in quarantine due to international travel Exceptions This did not apply to you if you were isolating because: you travelled for medical treatment certified by a medical practitioner you accompanied a person who was not able to travel without help from an attendant to get medical treatment certified by a medical practitioner you were an essential worker who travelled for reasons normally exempt from quarantine (such as health care workers or truck drivers who needed to cross the border for work) but were required to quarantine upon return to Canada If you did not meet the above criteria, you were not eligible for the CRCB. ...

Once an SR&ED project has started, work in any year that is part of the attempt to achieve that advancement is considered part of the SR&ED project. ...

All of the following items are considered part of the owner's equity, EXCEPT: capital drawings net income dividends 2. ...

Example/Context An employee of the Human Resources Branch considered the various perspectives that had been provided by CRA employees in response to Blueprint 2020 initiatives. ...

For purposes of a qualifying withdrawal, you will be considered to be a first-time home buyer if you did not, at any time in the current calendar year before the withdrawal (except the 30 days immediately before the withdrawal) or at any time in the preceding four calendar years, live in a qualifying home (or what would be a qualifying home if located in Canada) as your principal place of residence that you owned or jointly owned. ...

If your partnership has a corporation or a trust as a member, under the rules you should complete the following steps: Provide each member with detailed calculations of the partnership’s IFE and IFR Provide each member with detailed calculations of the RAIFE and RAIFR of any CFA of the partnership Notify each member in writing of their allocated share for the year of: IFE in Canadian exploration expenses, Canadian development expenses, Canadian oil and gas expenses, and foreign resource expenses The income or loss that can reasonably be considered to come from activities funded by a borrowing or other financing that results in exempt interest and financing expenses Schedule 130 The Canada Revenue Agency (CRA) is currently preparing these forms to allow corporations, trusts, and partnerships to meet the reporting requirements. ...

Table of Contents Issue Meaning of significant terms Background Decision Discussion Example Facts Decision Rationale Issue This policy statement provides the Canada Revenue Agency’s (CRA) position concerning when an insurer is considered to be making an exempt supply of a financial service in relation to a new home warranty. ...

The deck design is considered to be a service. Page details Date modified: 2019-07-10 ...

. ¶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. ...

Member contributions towards an unfunded liability To speed up our review when plan members contribute towards an unfunded liability, please confirm that: member contributions are calculated based on the actuarial liabilities for service accrued before the contribution is required the contributions cannot reasonably be considered to be for the member’s own benefits the contributions are made under an arrangement approved by the Minister under which all or a significant number of the active members of the plan must make similar contributions the main purpose for the arrangement is to make sure that the plan is adequately funded Conditional waiver In limited circumstances, we may grant your waiver request on a conditional basis if you have not sent us the relevant amendment. ...