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Trueman proposed that the ToR could be considered approved by the ACCS, and the members agreed. ...

A reduction will only be considered once the charity has exhausted all other available means to make up the shortfall such as: applying any available excesses from the previous five years to cover the shortfall; and/or creating a disbursement quota excess in the next year and carrying it back to cover the shortfall. ...

Similarly, a notice in an annual or quarterly report that an eligible dividend has been paid is considered valid for that year or quarter, respectively. ...

Generally, a non-accountable allowance paid to an employee is considered a taxable benefit and is included in income for tax purposes. 2. ...

When accepted by the CRA, a late or amended election will be considered to have been made at the time it was required to be made. ...

Redeterminations In addition to deductions or credits, you can also ask the CRA to redetermine the following amounts that are considered either as a payment on account of tax or overpayment of tax: Canada Child Tax Benefit (CCTB) payments available to eligible individuals for qualified dependents; goods and services tax/harmonized sales tax (GST/HST) credit available to eligible individuals; refundable medical expenses supplement available to eligible individuals; working income tax benefit (WITB) available to eligible individuals; working income tax benefit (WITB) disability supplement available to eligible individuals; refundable Quebec abatement for income earned in Quebec by an individual resident in Quebec; refundable investment tax credit available to taxpayers; refundable First Nations abatement for individuals who are subject to income tax legislation of certain First Nations; the tax credit that a beneficiary of a mining reclamation trust can claim; the tax credit that certain beneficiaries can claim for the Part XII.2 tax paid by a trust; and the tax credit a Canadian partnership flows through to its partners for the Part XII.2 tax paid by a trust. ...

If an electronic filer chooses to retain scanned versions of these forms, they must adhere to the requirements of Section 230 of the Income Tax Act by ensuring a minimum level of resolution in an electronically readable format, as the scanned version is considered a "record". ...

Let the CRA know Transcript If you've been living with your partner for over a year, you're now considered to be in a common-law relationship. ...

The budget proposes that registered charities will not be considered to be carrying on a business solely because they hold an interest in a limited partnership, as long as they meet certain conditions and restrictions. ...

Remission may be considered where relief is warranted but can’t be achieved under applicable tax laws, through an assessment or through other actions. ...