Subsection 131(1) - Election re capital gains dividend
Administrative Policy
1 June 1999 External T.I. 9830585 - CDA - MUTUAL FUND TRUSTS AND CORPORATIONS
Because a capital gains dividend received by a shareholder of a mutual fund corporation is deemed to be a capital gain from the disposition of...
22 January 1997 Internal T.I. 9700236 - INVESTMENT CORPORATION - CAPITAL GAINS REFUND
"For an investment corporation to qualify to make the election under subsection 131(1) to treat dividends as capital gains dividends, the...
Articles
Hugh Chasmar, "Mutual Fund 'Switch Funds'", Taxation of Corporate Reorganizations, Canadian Tax Journal, Vol. 46, No. 1, 1998, p. 172.
Discussion as to whether an exchange by an investor of shares of one class for shares of another could be treated as a redemption enabling...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 132 - Subsection 132(1) | 0 | |
| Tax Topics - Income Tax Act - Section 51 - Subsection 51(1) | 35 |
Subsection 131(4.1)
Articles
Hugh Chasmar, "Corporate Class Funds", Canadian Tax Highlights, Vol. 25, No. 8, August 2017, p. 6
Effective requirement to reorganize to ensure matching portfolios before s. 86 merger of classes (p. 7)
Before subsection 131(4.1) was enacted,...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 132.2 - Subsection 132.2(1) - Qualifying Exchange | 237 |
Subsection 131(6) - Definitions
Capital Gains Dividend Account
Articles
H. Chasmar, "Mutual Funds 'Switch Funds'", the Taxation of Corporate Reorganizations, Canadian Tax Journal, Vol. 46, No. 1, 1998, p. 172.
Capital Gains Redemption
Administrative Policy
29 March 2001 External T.I. 2000-0050265 - Mutual fund corporation - "switch" shares
Where a shareholder of a mutual fund corporation redeems shares of a class, in accordance with the terms and conditions attaching to those shares,...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 51 - Subsection 51(1) | redemption of MFC switch shares for shares of another class | 94 |
Subsection 131(8)
Administrative Policy
8 March 1991 T.I. (Tax Window, No. 2, p. 25, ΒΆ1189)
The disposition by a mutual fund corporation of all its investments, the distribution of all its assets and its winding-up will not disqualify the...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 132 - Subsection 132(6) | 35 |