Search - considered

Only requests relating to tax years ending in any of the 10 calendar years before the year you make the request will be considered. For example, a request made in 2006 must relate to the 1996 or a subsequent tax year to be considered. ... For example, a request made in 2006 must relate to the 1996 or a subsequent tax year to be considered. ...

The size, quantity and dollar value of machinery or equipment used in the particular place are some of the criteria to be considered in the determination of "substantial". ... A permanent establishment will not be considered to exist in a province solely by reason of the fact that a bus or truck travelled through that province. ... Generally, subject to the comments in the current version of IT-420, Non-Residents- Income Earned in Canada, rental income of a corporation will be considered to constitute income from a business. ...

Consequently, expenses incurred in attending a convention held outside the geographical limits of the sponsoring Canadian organization will normally not be deductible in computing income and, for this purpose, a convention held during an ocean cruise is considered as being held outside Canada. ... It should be noted that expenses incurred by or for a spouse or children accompanying the taxpayer to a convention or a combined convention and vacation trip are normally considered to be personal and, as such, are not deductible. ... The employees of an association organizing a convention would be considered as attending an intracompany meeting. ...

For this purpose, the word "gift" is not considered to include a property received as a bequest under the will of a deceased taxpayer or under the terms of a testamentary trust, even where the deceased taxpayer was the settlor of (or other contributor to) the inter vivos trust receiving the property. 9. ... A reasonable time will usually not be considered to extend beyond the end of the taxation year following the year in which the debt or obligation became payable by the trust. However, where subsect ion 104(18) applies with respect to the income of a trust in which a minor beneficiary has a vested interest, a reasonable time will usually not be considered to extend beyond the end of the taxation year following the year in which the child reaches the age of majority. 13. ...

When an artist, author or composer creates a work of art, literary manuscript or musical composition with the intention of selling it, but later donates it to another person, the donation is considered to be a disposition of property from inventory. However, the donation by an artist, author or composer of certain other types of property (e.g. diaries or correspondence) is considered to be a disposition of capital property. ... Donations of property that are considered to be dispositions of capital property are subject to the same general provisions outlined in 1 to 5 above. ...

Only requests relating to tax years ending in any of the 10 calendar years before the year you make the request will be considered. For example, a request made in 2006 must relate to the 1996 or a subsequent tax year to be considered. ... For example, a request made in 2006 must relate to the 1996 or a subsequent tax year to be considered. ...

These properties will not be considered to have been acquired for purposes of calculating the accelerated CCA claim until they are available for use. ¶ 6. ... An offshore drilling platform of the "jack-up" type that stands on the seabed is not considered to be a vessel. ... Similarly, court decisions subsequent to the date of the IT should be considered when determining the relevancy of the comments in the IT. ...

In these cases, the advance income tax ruling will be considered invalid and the CRA will not be bound by it. ... Response 3 To date, there have been seventeen referrals considered by the Committee. ... In 9044-2807 Québec Inc., the Federal Court of Appeal considered a situation involving three corporations owned by members of a family. ...

Where it is considered that a part of a debt is collectible and a part is not, a portion only of the debt may be viewed as a bad debt. 6. ... If a debt is merely doubtful of collection, it should not be claimed as a bad debt but should be considered for purposes of a reserve for doubtful debts. ... Any subsequent disposition of the property so received in exchange is considered to be the disposition of a capital property and is subject to the rules relating to capital gains and capital losses. ...

Where it is considered that a part of a debt is collectible and a part is not, a portion only of the debt may be viewed as a bad debt. 6. ... If a debt is merely doubtful of collection, it should not be claimed as a bad debt but should be considered for purposes of a reserve for doubtful debts. ... Any subsequent disposition of the property so received in exchange is considered to be the disposition of a capital property and is subject to the rules relating to capital gains and capital losses. ...