Section 119

Administrative Policy

7 October 2016 APFF Roundtable Q. 18, 2016-0652791C6 F - Taxable Canadian property and Part XIII tax

Will CRA provide the s. 119 credit respecting dividends paid on shares which are not taxable Canadian property but which have been deemed to be...

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8 July 2015 External T.I. 2011-0430021E5 - Section 119

Mr. X was deemed by s. 128.1(4)(b) to have disposed of shares of Canco, which were taxable Canadian property, when he ceased to be resident in...

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Articles

Henry Shew, "Section 119: Flawed Relief from Departure Tax", Canadian Tax Focus, Vol. 6, No. 2, May 2016, p.9

Example of operation to avoid double taxation (p. 9)

[S]ection 119...applies to the withholding tax on dividends subject to the stop-loss rules in...

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Subsection 119(1)

Cases

Israel v. The Queen, 79 DTC 5418, [1979] CTC 468 (FCTD)

An individual's chief source of income is not from farming if all the relevant farming activities are carried out by a corporation controlled by him.

See Also

John Gunderson v. Minister of National Revenue, 91 DTC 523, [1991] 1 CTC 2616 (TCC)

Given that all of the taxpayer's activities were directed towards his store as his probable chief source of income in the future, his farm was not...

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Administrative Policy

27 March 1992 T.I. (Tax Window, No. 18, p. 15, ¶1834)

Where there was no gross income from farming for one or more of the years to be averaged, it would appear that the taxpayer did not satisfy the...

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Articles

Jack Bernstein, "Canadian Provision to Prevent Double Taxation of Emigrants Undermined by AMT", Tax Notes International Magazine, Vol. 36, December 13, 2004, p. 943.