Subsection 146.1(1)
Post-Secondary Educational Institution
Administrative Policy
17 August 2005 External T.I. 2005-0135911E5 F - REEE- Établissement d'enseignement à l'étranger
Must a U.S. post-secondary institution be listed in the current edition of the Accredited Institutions of Postsecondary Education published by the...
Subscriber
Paragraph (a)
Administrative Policy
1 September 2020 External T.I. 2019-0832221E5 - Subscriber of an RESP
Could a charity that is a corporation and is not a public primary caregiver, as defined in s. 146.1(1), qualify as an RESP subscriber? CRA...
Paragraph (c)
Administrative Policy
14 March 2007 External T.I. 2006-0169821E5 F - REÉÉ - définition de souscripteur
Can an RESP have more than one subscriber after the death of the original subscriber? CRA responded that if the:
plan was an arrangement entered...
3 August 2005 External T.I. 2005-0118891E5 F - REÉÉ - Décès du souscripteur
The deceased, who was a subscriber to an RESP of which his two-year old child was the beneficiary, devised and bequeathed all his property to a...
Articles
Cole R. Southall, "Continuing RESPs Beyond the Death of the Subscriber", Canadian Tax Focus (Canadian Tax Foundation), Vol. 8, No. 1, February 2018, p.13
RESP part of subscriber’s estate (p. 13)
Funds invested in an RESP remain the property of the subscriber (the person who established the RESP)...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 146.1 - Subsection 146.1(7.1) | an immediate liquidation of an RESP on death is unnecessary | 76 |
Trust
Paragraph (d)
Administrative Policy
15 February 2007 External T.I. 2006-0216851E5 F - REÉÉ - Définition de fiducie
CRA declined to answer in a non-ruling context whether a person who irrevocably holds property in an RESP can have some control over the use of...
Subsection 146.1(2)
Administrative Policy
29 October 2003 External T.I. 2003-0037435 F - REMBOURSEMENT DE PAIMENTS D'UN REEE
In confirming that a subscriber of an RESP may assign the right to repayment of payments or to give it as security for a loan of money, CRA...
Subsection 146.1(3) - Deemed registration
Administrative Policy
1 November 89 Memorandum (April 90 Access Letter, ¶1184)
Where one of the initial subscribers to an RESP paid tax on interest or income from the plan prior to its registration, the retroactive...
Subsection 146.1(2.21)
Administrative Policy
10 August 2015 Internal T.I. 2014-0527981I7 - Application of 146.1(2.21) to deceased beneficiary
The beneficiary of an RESP met the requirements of s. 146.1(2)(g.1) immediately before enrolment in the qualified program ceased. Does the...
Subsection 146.1(7.1)
Administrative Policy
25 February 2021 Internal T.I. 2020-0865641I7 - Settlement Payments to Registered Plans
After noting that it is CRA’s policy to consider that a settlement payment made to an RRSP or RRIF respecting an actionable loss suffered by it...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 146 - Subsection 146(8) | damages payment received by annuitant is not a benefit if paid over to the RRSP by year end | 253 |
| Tax Topics - Income Tax Act - Section 207.01 - Subsection 207.01(1) - Unused TFSA Contribution Room - Paragraph (b) - Element D | damages payments made to a TFSA are not treated as a contribution | 143 |
| Tax Topics - Income Tax Act - Section 146.4 - Subsection 146.4(6) | RDSP damages paid to and retained by the beneficiary would be taxable | 220 |
| Tax Topics - Income Tax Act - Section 207.01 - Subsection 207.01(1) - Registered Plan Strip | advantage if RDSP damages are received by a holder who is not a beneficiary | 220 |
Articles
Cole R. Southall, "Continuing RESPs Beyond the Death of the Subscriber", Canadian Tax Focus (Canadian Tax Foundation), Vol. 8, No. 1, February 2018, p.13
A registered education savings plan will form part of the estate of a deceased sole or last subscriber to the RESP. Accordingly, the will can...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 146.1 - Subsection 146.1(1) - Subscriber - Paragraph (c) | 206 |
Subsection 146.1(5) - Trust not taxable
Administrative Policy
IT-308R "Registered Education Savings Plans"
Subsection 146.1(6.1)
Administrative Policy
11 October 2019 APFF Financial Strategies and Instruments Roundtable Q. 10, 2019-0812841C6 F - RESP - Change of subscriber
Grandfather A, who resides in the U.S., subscribed to a registered education saving plan (‘RESP”) for his Canadian-resident granddaughter, but...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 204.9 - Subsection 204.9(5) - Paragraph 204.9(5)(e) | RESP transferor could be liable under s. 204.91(1) | 146 |