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A summary of the significant accounting policies follows: (a) Revenues and pension contributions recognition Revenues and pension contributions are recognized in the year in which the event that generates the revenue or the pension contribution occurs and when the effective date of the related legislation has passed and either the legislation, regulation or by-laws have been approved by the legislature or the ability to assess and collect tax has been provided through legislative convention. ...

Footnote 1 Constitutional conventions of ministerial responsibility prescribe the appropriate relationships among ministers, parliamentarians, public servants Footnote 2 and the public. ...

Tax treaties Canada has income tax conventions or agreements (commonly called tax treaties) with the countries and regions listed in this section. ...

. ⬤▲ Line 10100 – Employment income If you are a former resident of Canada, you must report employment income received from a Canadian resident for services performed outside Canada if, under a tax treaty or another agreement or convention between Canada and that country, the income is exempt from tax in your new country of residence. ...

. ⬤▲ Line 10100 – Employment income If you are a former resident of Canada, you must report employment income received from a Canadian resident for services performed outside Canada if, under a tax treaty or another agreement or convention between Canada and that country, the income is exempt from tax in your new country of residence. ...

This category includes people who had a well-founded fear of persecution for reasons of race, religion, nationality, membership in a particular social group or for political opinion (Geneva Convention refugees) as well as people who had been seriously and personally affected by civil war or armed conflict or had suffered a massive violation of human rights. ...

Indexing and numbering of working papers SMED, ILBD, and the GST/HST Directorate have created a working paper numbering convention. ... For more information, go to Workload Referral procedures. 9.13.7 Referrals to excise tax If applicable, when an audit is completed, the auditor must send the excise WRT in an encrypted email, with the applicable excise standard naming convention format in the subject line, to their team leader, with a c.c. to the workload area of the tax audited. 9.14.0 For future use 9.15.0 Concurrent audits of related, associated, or affiliated corporations In certain situations it is more efficient to expand the audit of the principal corporation to include related, associated, or affiliated corporations. 9.15.1 Situations that may warrant concurrent audits Concurrent audits can be particularly efficient if: there are material inter-company transactions (material includes number and dollar amount) a subsidiary is dependent on the parent corporation the records of all corporations are standardized and at the same location the subsidiary's operations are similar in nature; compare different operating results to determine unusual trends (complete more detailed audit procedures, if necessary), or several corporations effectively operate as divisions. 9.15.2 Specialists For additional information on referrals and consultations with specialists, go to 9.2.11, Consultations with specialists, and 10.11.0, Referrals and consultations. 9.15.3 Restricting the audit scope In some cases, the audit scope of the related, associated, or affiliated corporation’s operations is restricted to a review and verification of only specific inter-company transactions, for example, transfers of assets. ...

Indexing and numbering of working papers SMED, ILBD, and the GST/HST Directorate have created a working paper numbering convention. ... For more information, go to Workload Referral procedures for GST / HST & Small and Medium Enterprises. 9.13.7 Referrals to excise tax If applicable, when an audit is completed, the auditor must send the excise WRT in an encrypted email, with the applicable excise standard naming convention format in the subject line, to their team leader, with a c.c. to the workload area of the tax audited. 9.14.0 For future use 9.15.0 Concurrent audits of related, associated, or affiliated corporations In certain situations it is more efficient to expand the audit of the principal corporation to include related, associated, or affiliated corporations. 9.15.1 Situations that may warrant concurrent audits Concurrent audits can be particularly efficient if: there are material inter-company transactions (material includes number and dollar amount) a subsidiary is dependent on the parent corporation the records of all corporations are standardized and at the same location the subsidiary's operations are similar in nature; compare different operating results to determine unusual trends (complete more detailed audit procedures, if necessary), or several corporations effectively operate as divisions. 9.15.2 Specialists For additional information on referrals and consultations with specialists, go to 9.2.11, Consultations with specialists, and 10.11.0, Leads and referrals. 9.15.3 Restricting the audit scope In some cases, the audit scope of the related, associated, or affiliated corporation’s operations is restricted to a review and verification of only specific inter-company transactions, for example, transfers of assets. ...

Line 54 – Other deductions to arrive at taxable income Enter other deductions, such as: prior-year limited partnership, farming, or fishing losses (see Note) the $2,000 deduction allowed to a non-profit organization reporting income from property (subsection 149(5) deduction) the amount of foreign income reported that is exempt from tax in Canada because of a tax treaty or convention (identify the exempt income amount, and the treaty or convention that applies) Note The unused portion of a farming or fishing loss incurred in a year can be carried back 3 years. ... Tax Convention. Line 21 – Part XII.2 tax amount On this line, enter the amount from line 13, which is the amount of Part XII.2 tax you attribute to designated beneficiaries. ... Every non-resident person has to pay Canadian income tax of 25% under Part XIII, unless a tax treaty or convention provides a lower rate. ...

Lines 37 to 43 – Other deductions to arrive at taxable income Enter other deductions, such as: previous year limited partnership, farming or fishing losses (see Note) the $2,000 deduction allowed to a non-profit organization reporting income from property (subparagraph 149(5)(f)(i) of the Act) the amount of foreign income reported that is exempt from tax in Canada because of a tax treaty or convention (identify the exempt income amount, and the treaty or convention that applies) Note The unused portion of a farming or fishing loss incurred in a year can be carried back 3 years. ... Tax Convention. Line 21 – Part XII.2 tax amount On this line, enter the amount from line 13, which is the amount of Part XII.2 tax you attribute to designated beneficiaries. ... Every non-resident person has to pay Canadian income tax of 25% under Part XIII, unless a tax treaty or convention provides a lower rate. ...