Section 12.2

Subsection 12.2(1) - Amount to be included

Administrative Policy

IT-87R2 "Policyholders' Income from Life Insurance Policies".


Strain, "Life Insurance: An Innovative Financial Instrument", 1993 Conference Report, pp. 35:9-10.

Paragraph 12.2(1)(a)

Administrative Policy

14 May 2019 CLHIA Roundtable Q. 6, 2019-0799101C6 - CLHIA 2019 Conference-Q6 Foreign Exempt Policies

Annual income accrual is required on life insurance policies that are not exempt policies. It is unlikely that testing for compliance with Reg....

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Locations of other summaries Wordcount
Tax Topics - Income Tax Regulations - Regulation 306 - Subsection 306(1) no accommodation for the technical impossibility of demonstrating that a life insurance policy issued abroad is exempt 200