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A-16.2.4 Additional legislative authority – ITA Additional legislative authority – ITA ITA Reference Subject Matter References Interpretation Bulletin (IT) Information Circular (IC) 34.1(8), (9) Alternative year-end methods 40(2) Choice of property to claim as principal residence Income Tax Folio S1-F3-C2, Principal Residence Form T2091IND-WS, Principal Residence Worksheet Form T2091IND, Designation of a Property as a Principal Residence by an Individual (Other Than a Personal Trust) 56(1)(a) (iii) Death benefit IT508R, Death Benefits 70(1) Computing income IT210R2, Income of Deceased Persons – Periodic Payments and Investment Tax Credit Tax Guide RC4111, Canada Revenue Agency – What to Do Following a Death 70(2) Amounts receivable for rights or things (elections) IT212R3, Income of Deceased Persons – Rights or Things IT234, Income of Deceased Persons – Farm Crops IT278R2, Death of a Partner or of a Retired Partner IT326R3, Returns of Deceased Persons as “Another Person” IT427R, Livestock of Farmers 70(3), (3.1), 69(1.1) Rights or things transferred to beneficiaries IT427R, Livestock of Farmers 70(4) Revocation of election in 70(2) IT212R3, Income of Deceased Persons – Rights or Things 70(5), (5.1), (5.2), (5.3), (5.4) Capital property of a deceased taxpayer: Depreciable and other property IT140R3, Buy-sell agreements IT416R3, Valuation of shares of a corporation receiving life insurance proceeds on death of a shareholder IT313R2, Eligible Capital Property – Rules Where a Taxpayer Has Ceased Carrying on a Business or Has Died IT125R4, Dispositions of Resource Properties IC89-3, Policy Statement on Business Equity Valuations T2SCH6, Schedule 6, Summary of Dispositions of Capital Property 70(6), (6.1), (6.2) Transfers or distribution to spouse or common-law partner or spousal or common-law partner trust: Exception to subsection 70(5) Income Tax Folio S6-F4-C1, Testamentary Spouse or Common-law Partner Trusts IC07-1R1, Taxpayer Relief Provisions 70(7) Special rules for spouse or common-law partner /spousal or common-law partner trusts Income Tax Folio S6-F4-C1, Testamentary Spouse or Common-law Partner Trusts 70(8), (10) Meaning of certain expressions and definitions Income Tax Folio S6-F4-C1z, Testamentary Spouse or Common-law Partner Trusts IT349R3, Intergenerational Transfers of Farm Property on Death 70(9), (9.1), (9.2), (9.3), (9.6), (9.8) Tax deferred rollovers on intergenerational transfers of certain farm property IT349R3, Intergenerational Transfers of Farm Property on Death IC07-1R1, Taxpayer Relief Provisions 70(13) Capital cost of certain depreciable property IT349R3, Intergenerational Transfers of Farm Property on Death 70(14) Order of disposal of depreciable property IT349R3, Intergenerational Transfers of Farm Property on Death 72(1) Reserves in the year of death IT152R3, Special reserves – Sale of land IT154R, Special reserves 72(2) Elections by representative for reserves IT152R3, Special reserves – Sale of land Form T2069, Election in Respect of Amounts Not Deductible as Reserves for the Year of Death 80(2)(a), (p), (q) Debt forgiveness rules 104 to 107 These sections apply to the estate and the representative as if the estate was a trust where a trust arrangement is in effect 108(1) Definition of testamentary trust 111(2) Year of death: Net capital losses IT232R3, Losses – Their Deductibility in the Loss Year or in Other Years 118.1(4), (5), (6), (7), (7.1), (8) Gifts of property IT226R, Gift to a charity of a residual interest in real property or an equitable interest in a trust IT288R2, Gifts of Capital Properties to a Charity and Others IT407R4-CONSOLID, Dispositions of Cultural Property to Designated Canadian Institutions 118.2(1), (2) Medical expenses Income Tax Folio S1-F1-C1, Medical Expense Tax Credit Income Tax Folio S1-F1-C2, Disability Tax Credit Income Tax Folio S1-F1-C3, Disability Supports Deduction Tax Guide RC4064, Disability-Related Information 122.5(1), (2) GST credit for T1s Definitions and exceptions 122.62(5) Death of cohabiting spouse or common-law partner and the child tax credit Form RC65, Marital Status Change 150(1)(b) Filing for deceased individuals Tax Guide T4011, Preparing Returns for Deceased Persons 150(4) Death of a partner or proprietor IT278R2, Death of a Partner or of a Retired Partner IT326R3, Returns of Deceased Persons as “Another Person” 159(2) Certificate before distribution IC82-6R13, Clearance Certificate Form TX19, Asking for a Clearance Certificate 159(3) Personal liability of the legal representative IC98-1R8, Tax Collections Policies 159(5) Elections for certain provisions under subsections 70(2), (5), (5.2), and (9.4) IT212R3, Income of Deceased Persons – Rights or Things IT278R2, Death of a Partner or of a Retired Partner Form T2075, Election to Defer Payment of Income Tax, Under Subsection 159(5) of the Income Tax Act by a Deceased Taxpayer’s Legal Representative or Trustee 164(6), (6.1) Application of losses realized upon death to the TD1 of prior years Regulation 1000, Election by a legal representative for property dispositions IC07-1R1, Taxpayer Relief Provisions 212(1)(c) Estate or trust income IT465R, Non-Resident Beneficiaries of Trusts IC76-12R8, Applicable rate of part XIII tax on amounts paid or credited to persons in countries with which Canada has a tax convention 230, 230.1 Books and records retention IC78-10R5, Books and Records Retention/Destruction 248(1) Definition of disposition 248(1) Definition of taxable Canadian property IT420R3, Non-Residents – Income Earned in Canada 248(8) Occurrences as a consequence of death 248(9) Definition of disclaimer and release or surrender Income Tax Folio S6-F4-C1, Testamentary Spouse or Common-law Partner Trusts IT313R2, Eligible Capital Property – Rules Where a Taxpayer Has Ceased Carrying on a Business or Has Died IT349R3, Intergenerational Transfers of Farm Property on Death 248(9.1) How a trust is created Income Tax Folio S6-F4-C1, Testamentary Spouse or Common-law Partner Trusts 248(9.2) Vesting indefeasibly Income Tax Folio S6-F4-C1, Testamentary Spouse or Common-law Partner Trusts Regulation 204 Filing returns for estates and trusts IT531, Eligible Funeral Arrangements Regulation 206 Legal representatives and others regarding filing of returns Regulation 1001 Annual installments for the deceased taxpayer Page details Date modified: 2023-07-07 ...

Its mandate is to provide the CRA’s interpretation of the Income Tax Act, the Income Tax Regulations, all related statutes, and the Income Tax Conventions that Canada has with other countries. ...

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. ...

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. ...

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

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. ...