Search - considered

However, we will not permit revisions when, in the Department's view, the main purpose of the amended election is: retroactive tax planning, such as taking advantage of losses or tax credits not considered when the election was originally filed. ... " In these circumstances no benefit will be considered to have been conferred even though the fair market value of the transferred property exceeds the fair market value of the consideration received. ...

For the purpose of calculating the maximum number of meals allowed, a “day” is considered to be a twenty-four (24) hour period that begins at the departure time. ... The departure time for transport employees is considered to be the time the employee leaves the municipality and the metropolitan area, if there is one, where the employer's establishment is located. ...

Records kept outside Canada and accessed electronically from Canada are not considered to be records in Canada. ... In addition, other documents whether written or any other form, including supporting documents such as accountants' working papers that assist in the determination of obligations and entitlements are considered part of the books and records of the taxpayer and must be made available to the CRA. 21. ...

The payment by the company of the credit card charges to the card issuer is not considered to be a reimbursement since the company is solely responsible per the signed agreement for payment of all credit card charges. ... The payment by the company of the credit card charges to the card issuer is considered to be a reimbursement since the company is not solely responsible per the signed agreement for payment of all credit card charges. ...

Section 23 also provides that a supply of the above mentioned services, when rendered to a non-resident individual in connection with, and after the commencement of, criminal, civil or administrative litigation in Canada, is excluded from this zero-rating provision and is therefore taxable at 7% or 15% on the basis that such a supply is not considered to be exported. ... However, before a service can be considered to be "in connection with" litigation, there should be evidence to the effect that from a particular point in time the object of the supplier's services directly relates to the intended or contemplated legal or administrative proceedings for litigation purposes. ...

Therefore, where a project is financed by investors the investors have no other involvement in the project and do not share in its revenues or expenses, the project would be considered a joint venture. Similarly, where a landlord leases space in a building to a tenant, the monthly lease payment is calculated as a percentage of the profits earned by the tenant in the course of its business, and the landlord has no other involvement in the tenant's business, the landlord and the tenant would not be considered to be a joint venture. ...

An organization that has been determined to be a municipality is considered to be a municipality for all GST/HST purposes. All of the activities of a determined municipality are considered to be done in the course of fulfilling its responsibilities as a local authority. ...

If the employee reports for work at your place of business, the province or territory of employment is considered to be the province or territory where your business is located. ... The rate for the additional federal tax for income which is considered to have been earned in Canada but which is not earned in a province or territory is 48% for 2017. ...

This is implied within the definition of holder where a TFSA is considered to continue without interruption and the designated successor becomes a holder. ... " Well Anna, as it would not be considered a valid TFSA election, the money should be withdrawn and the financial institution should file a cancelled record. ...

A partnership is considered to be a person for GST/HST purposes. Therefore, it is important that you structure your affairs in a clear and understandable manner, since your reporting and remittance of GST/HST will depend on the type of structure you choose. ... Goodwill and certain other intangible properties are no longer considered to be eligible capital expenditures. ...