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As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented as a reduction of the CRA's gross revenues. e) Vacation pay and compensatory leave Vacation pay and compensatory leave expenses are accrued as the benefits are earned by the employees under their respective terms of employment. ... An allowance for doubtful accounts is recorded where recovery is considered uncertain. i) Tangible capital assets All initial costs of $10,000 or more incurred by the CRA to acquire or develop tangible capital assets are capitalized and amortized over the useful lives of the assets. ... All other cases, excluding those assessed as unlikely to be lost, are considered contingent liabilities and the related amounts are disclosed when a reasonable estimate can be made. ...

As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented as a reduction of the CRA's gross revenues. e) Vacation pay and compensatory leave Vacation pay and compensatory leave expenses are accrued as the benefits are earned by the employees under their respective terms of employment. ... An allowance for doubtful accounts is recorded where recovery is considered uncertain. i) Tangible capital assets All initial costs of $10,000 or more incurred by the CRA to acquire or develop tangible capital assets are capitalized and amortized over the useful lives of the assets. ... All other cases, excluding those assessed as unlikely to be lost, are considered contingent liabilities and the related amounts are disclosed when a reasonable estimate can be made. ...

As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented as a reduction of the CRA's gross revenues. ... An allowance for doubtful accounts is recorded where recovery is considered uncertain. ... All other cases, excluding those assessed as unlikely to be lost, are considered contingent liabilities and the related amounts are disclosed whenever the amount of the contingency can be reasonably estimated. ...

As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented as a reduction of the CRA's gross revenues. ... An allowance for doubtful accounts is recorded where recovery is considered uncertain. ... All other cases, excluding those assessed as unlikely to be lost, are considered contingent liabilities and the related amounts are disclosed when a reasonable estimate can be made. ...

As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented as a reduction of the CRA's gross revenues. ... An allowance for doubtful accounts is recorded where recovery is considered uncertain. ... All other cases, excluding those assessed as unlikely to be lost, are considered contingent liabilities and the related amounts are disclosed when a reasonable estimate can be made. ...

Policies, guidelines and procedures The Access to Information and Privacy Directorate dedicated significant time in 2018–2019 to the review of CRA corporate documents, including policy instruments, to make sure that the role of the CRA’s Chief Privacy Officer and privacy implications were considered. ... Other requests were considered complex because of the nature and sensitivity of the subject matter. ... In 2018–2019, the CRA continued to make significant progress in addressing challenges by: developing the ATIP Way Forward workload management plan collaborating with partners across the CRA to make sure privacy implications were considered for new or revised initiatives that involved personal information finalizing the review of the privacy management program and hiring a consulting firm to implement the recommendations preparing for royal assent of Bill C-58 collaborating with the Treasury Board of Canada Secretariat and other federal agencies and departments to explore the feasibility of establishing an access to information and privacy community office In 2019–2020, the CRA will continue its work to safeguard personal information and improve efficiencies in operations by implementing recommendations within the CRA’s revised privacy management program, implementing the ATIP Way Forward plan, submitting a business case to secure resources, continuing to work on the privacy impact assessment plan, and continuing to work closely with various stakeholders on the Government’s commitment to modernize the Privacy Act. ...

Another significant amendment to the Access to Information Act, as a result of the coming into force of Bill C-58 is a government institution’s ability to request to decline to act on a request for information that is considered to be vexatious, made in bad faith or otherwise an abuse of the right of access. ... The Access to Information and Privacy Directorate’s privacy team played a critical role in ensuring that all privacy implications were considered when the benefit programs were implemented and that timely briefings took place across the CRA, with Employment and Social Development Canada, and with the Office of the Privacy Commissioner of Canada. ... Other requests were considered complex because of the nature and sensitivity of the subject matter being processed. ...

As a result, this information is considered to be confidential taxpayer information. ... If they choose to provide this information, such as in the financial statements that must be attached to Form T3010, that information would be considered confidential. ... Meeting suspends for 5 minutes while Liberal members considered the matter. ...

Fee paid to Executor If a family member or friend acts as an executor, who does not regularly give these services, then they are considered to earn income from an "office" and the amount is taxable in the same fashion as a salary. ... A corporation is considered to have been wound up if: it has followed the procedures for winding-up and dissolution provided by the appropriate federal or provincial companies act or winding-up act; or it has carried out a winding-up, other than by means of the statutory procedures and has been dissolved under the provisions of its incorporating statute. ... Professional judgement should be exercised and materiality considered when determining whether to pursue any adjustments for the year in which the corporation surrendered its charter. ...

To measure timeliness as an overall outcome, the evaluation team considered the total time that it takes to complete a ruling or a technical position. ... Advance income tax rulings are often highly complex transactions that typically require a large amount of supporting information to ensure that all provisions of income tax laws have been considered. ... From an outcome perspective, the evaluation considered the extent to which stakeholders seek out the directorate for its services in their efforts to voluntarily comply with Canada’s income tax laws. ...