Section 164

Subsection 164(1) - Refunds

Cases

4431472 Canada Inc. v. Canada (Attorney General), 2021 FC 812

A trust (the “Thames Trust”) received annual “fees” from a non-resident hedge fund manager (“GAM”) that it distributed to...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 56 - Subsection 56(2) it would be reasonable for CRA to reverse a s. 56(2) assessment of the shareholder where it had refused to reverse the inclusion of the same income to the corporation 326

Canada v. 984274 Alberta Inc., 2020 FCA 125

The taxpayer (“984”) reported a capital gain on its 2003 sale of land on the basis that it had acquired it from its parent (Henro) on a...

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Words and Phrases
assessment nil assessment
Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 160.1 - Subsection 160.1(1) ss. 160.1(1) and (3)’s application not subject to the issuance of a prior time-constrained reassessment 489
Tax Topics - Income Tax Act - Section 152 - Subsection 152(4) nil assessment not subject to 3-year limitation in s. 152(4) 190
Tax Topics - General Concepts - Stare Decisis prior decision of the FCA that “manifestly overlooked [the] established line of cases” was not to be followed 76

Clover International Properties Ltd. v. Canada (AG), 2013 DTC 5116 [at at 6132], 203 FC 676

The taxpayer had an overpayment of tax in its 1996 taxation year, and did not file its T2 return within three years of the end of 1996. Although...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 221.2 - Subsection 221.2(1) 189

Twentieth Century Fox Film Corp. v. MNR, 2001 DTC 5125 (FCTD)

The taxpayer had filed income tax returns reporting Part XIV tax payable, its returns were assessed as filed, and it did not file Notices of...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 219 - Subsection 219(2) 58

See Also

1074022 B.C. Ltd. v Li, 2020 BCSC 65

No s. 116 certificate was obtained on a court-approved sale of a Vancouver property (arising in connection with foreclosure proceedings) by the...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 116 - Subsection 116(5) CRA could be required to pay excess s. 116 remittance to taxpayer’s mortgagee as directed by taxpayer or to pay into court 522

984274 Alberta Inc. v. The Queen, 2019 TCC 85, rev'd 2020 FCA 125

The taxpayer (“984”) reported a capital gain on its 2003 sale of land on the basis that it had acquired it from its parent (Henro) on a...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 152 - Subsection 152(4) - Paragraph 152(4)(a) - Subparagraph 152(4)(a)(ii) reassessment made pursuant to late waiver was void 34
Tax Topics - Income Tax Act - Section 152 - Subsection 152(8) reassessment made pursuant to late waiver could not be cured by s. 152(8) 47
Tax Topics - Income Tax Act - Section 169 - Subsection 169(3) voidness of assessment against 2nd taxpayer to a settlement agreement meant that it could not be assessed under s. 169(3) 285
Tax Topics - Income Tax Act - Section 160.1 - Subsection 160.1(1) refund made pursuant to a void reassessment was not made pursuant to the Act (and also was not a “refund” on ordinary principles) so that s. 160.1(1) unavailable 488

The Queen v. Erasmus, 92 DTC 6301, [1992] 2 CTC 21 (FCA)

Pratte J.A. stated (pp. 6304-6305):

"Until an assessment is made, therefore, a court may not order the refund of the sums paid as income tax...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 152 - Subsection 152(8) 41

Hughes v. The Queen, 91 DTC 5290, [1991] 1 CTC 492 (FCTD)

The taxpayer filed tax returns beyond the time period referred to in s. 164(1)(b) seeking a refund of a portion of the source deductions remitted...

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Administrative Policy

15 June 2015 Internal T.I. 2015-0583081I7 - Refund Request - Normal Reassessment Period

In clarifying the indication in 2012-0468081I7 that "where a refund request is based on issues that are covered by a valid waiver, a refund may be...

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18 November 2014 TEI Roundtable, Q. E.4

Where a corporation has been formally dissolved and has an "overpayment," the CRA may refuse to issue a refund, whereas if it has a a balance of...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 88 - Subsection 88(1) refund re dissolved sub 102

CBAO National Commodity Tax, Customs and Trade Section – 2014 GST/HST Questions for Revenue Canada, Q. 7

It appears that these refunds are being withheld when an audit is about to take place even if the returns have been filed and duly paid. Is this...

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Locations of other summaries Wordcount
Tax Topics - Excise Tax Act - Section 229 - Subsection 229(1) discretion to delay refund if pending audit 116

5 November 2014 External T.I. 2014-0538901E5 - Refund Sought/Notices of Objection, ss. 164(1)

A non-resident corporation, which had not filed any T2 returns (notwithstanding having been subject to Reg. 105 withholding), was assessed under...

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15 March 2013 Internal T.I. 2012-0468081I7 - Paragraph 164(1)(b)

Does s. 164(1)(b) permit a refund to be made where a taxpayer has filed a valid waiver to allow a reassessment beyond the normal reassessment...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 152 - Subsection 152(4) - Paragraph 152(4)(a) - Subparagraph 152(4)(a)(ii) refund request not related to issues in waiver issues 119

8 October 2008 Internal T.I. 2008-0269581I7 - statute-barred refund

The corporate taxpayer requested that CRA exercise its discretion under any of ss. 220(2.1), 220(3) and 221.2(1) to refund an overpayment where...

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Words and Phrases
may
Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 164 - Subsection 164(1.5) "may" establishes CRA discretion 128
Tax Topics - Income Tax Act - Section 220 - Subsection 220(2.1) request to extend filing deadline 70
Tax Topics - Income Tax Act - Section 220 - Subsection 220(3) request to extend filing deadline 70
Tax Topics - Income Tax Act - Section 221.2 - Subsection 221.2(1) request to re-appropriate 88

7 June 2012 Internal T.I. 2012-0435561I7 - Refunds on Post-Bankruptcy Returns

An individual becomes a bankrupt part-way through a year. In his return for his post-bankruptcy part year (commencing under s. 128(2)(d)(i) on...

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12 December 2002 External T.I. 2001-0100755 F - Impact of LCB on Dr and Part IV

During its the taxation year ending September 30, 2000 ("2000 TY”), Bco paid its CCPC parent (Aco) a taxable dividend of $223,500, entitling it...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 129 - Subsection 129(2) general practice to net dividend refund against unpaid Part I tax 115
Tax Topics - Income Tax Act - Section 186 - Subsection 186(1) - Paragraph 186(1)(b) connected dividend recipient is not required to pay s. 186(1)(b) tax if it can demonstrate by the return-filing deadline that such tax was eliminated through a loss carryback 274
Tax Topics - Income Tax Act - Section 160.1 - Subsection 160.1(1) interest payable under s. 160.1(1) on the reversed dividend refund where subsequent year’s loss is carried back to eliminate the Part I tax and RDTOH 283

Subsection 164(1.1) - Repayment on objections and appeals

Cases

Grenon v. Canada (National Revenue), 2017 FCA 167

After the taxpayer was reassessed for over $200 million and appealed to the Tax Court, the Minister obtained an ex parte order under s. 225.2 (the...

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Words and Phrases
set aside

Topol v. MNR, 2003 DTC 5343 (FCTD)

Layden Stevenson J. found that the correct standard of judicial review under s. 18.1 of the Federal Court Act of a decision of the Minister under...

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Subsection 164(1.2)

Cases

Canada (National Revenue) v. 0741449 B.C. Ltd., 2016 FC 530

An individual (“Consiglio”) his wife was the sole director and shareholder of the respondent corporation, whose assets consisted of several...

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Subsection 164(1.5) - Exception

Administrative Policy

22 August 2022 Internal T.I. 2019-0810061I7 - XXXXXXXXXX v MNR -220(3) and 152(7)

ACo’s 2011 to 2013 taxation years were arbitrarily assessed under s. 152(7). Eventually, it filed tax returns for those taxation years after the...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 220 - Subsection 220(3) s. 220(3) could not be used to extend the normal reassessment period running from an arbitrary assessment 243
Tax Topics - Income Tax Act - Section 152 - Subsection 152(4) - Paragraph 152(4)(a) - Subparagraph 152(4)(a)(i) misrepresentation (a repeated failure to file returns) could not ground CRA reassessments, beyond the normal reassessment period, to reduce arbitrary assessments made by it 253
Tax Topics - Income Tax Act - Section 152 - Subsection 152(6) s. 152(6) is limited by s. 152(4)(b) 221

8 October 2008 Internal T.I. 2008-0269581I7 - statute-barred refund

In disagreeing with the taxpayer's submission "that subsection 164(1.5) is not really a discretionary provision but essentially gives individuals...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 164 - Subsection 164(1) request to extend filing deadline or re-appropriate 106
Tax Topics - Income Tax Act - Section 220 - Subsection 220(2.1) request to extend filing deadline 70
Tax Topics - Income Tax Act - Section 220 - Subsection 220(3) request to extend filing deadline 70
Tax Topics - Income Tax Act - Section 221.2 - Subsection 221.2(1) request to re-appropriate 88

Subsection 164(1.6)

Cases

Canada (Attorney General) v. Iris Technologies Inc., 2021 FCA 223

Iris Technologies Inc. (“Iris”) filed applications for the Canada emergency wage subsidy (“CEWS”). CRA took the view that Iris, contrary...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 244 - Subsection 244(9) no evidence that CRA affiant had control of records 225
Tax Topics - General Concepts - Evidence exception from hearsay evidence rule for reliable evidence 197
Tax Topics - Income Tax Act - Section 152 - Subsection 152(3.4) respective roles of Tax Court and Federal Court in reviewing CEWS claims 318

Subsection 164(2) - Application to other debts

Administrative Policy

18 July 2013 External T.I. 2013-0483031E5 - Applying Income Tax Refund to Security for GST

In indicating that a non-resident's failure to post security under s. 240(6) of the ETA did not create a liability so that subsection 164(2) of...

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27 September 2011 Internal T.I. 2010-0389171I7 - Reassessment of a Bankrupt Taxpayer

After the taxpayer's return for 2006 was assessed on April 27, 2007 on a basis that showed a refund was owing to the taxpayer for that year, the...

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85 C.R. - Q.32

Although s. 164(2) does not apply to the request of a taxpayer, RC will honour a taxpayer's request to transfer an overpayment to a subsequent...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 161 - Subsection 161(2) 34

Subsection 164(2.01) - Withholding of refunds

Administrative Policy

18 July 2013 External T.I. 2013-0483031E5 - Applying Income Tax Refund to Security for GST

After noting that in order to post security pursuant to 240(6) of the ETA, a non-registrant is required to complete and return Form GST 114...

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Subsection 164(3) - Interest on refunds and repayments

Cases

Glatt v. Canada (National Revenue), 2019 FC 738

Following his assessment for a $2,890,050 penalty in 2012 under s. 163.2, the Applicant paid $1,000,000 to the Minister so as to offset interest...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 152 - Subsection 152(8) CRA could not treat its statement of a taxation year in its Notice of Reassessment as an error 385
Tax Topics - Other Legislation/Constitution - Federal - Federal Courts Act - Section 18.1 - Subsection 18.1(2) extension granted where the taxpayer had continually pursued relief 415
Tax Topics - General Concepts - Onus onus on Minister to establish that her refund of a s. 163.2 penalty did not relate to any particular taxation year 282

Imperial Oil Resources Ventures Limited v. Canada (Attorney General), 2014 DTC 5113 [at 7275], 2014 FC 839

In response to an increase in royalty charges by the Albertan government for the rights to oil sands, the federal government issued the Syncrude...

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Portage Tax Services v. The Queen, 82 DTC 6104, [1982] CTC 95 (FCTD)

The overpayments on which interest runs include rights to refunds which a discounter has acquired pursuant to the Tax Rebate Discounting Act, and...

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Administrative Policy

15 June 2022 STEP Roundtable Q. 13, 2022-0929381C6 - 164(6) – Amending Deceased’s Final T1 Return

If an election under s. 164(6) results in a refund, when does interest begin to accrue thereon?

CRA noted that given that the election shifts the...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 164 - Subsection 164(6) - Paragraph 164(6)(e) s. 164(6) amendment must be made through filing an amended return, not a T1 Adjustment Request 107

2 December 2008 External T.I. 2008-0301761E5 F - Prepayment of Reassessments - Refund Interest

A corporation makes an advance payment in anticipation of a reassessment, with CRA subsequently refunding a portion of such amount pursuant to s....

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IT-155R3 "Exemption from Non-resident Tax on Interest Payable on Certain Bonds, Debentures, Notes, Hypothecs or Similar Obligations"

The exemption in s. 212(1)(b)(ii)(C) is not applicable to refund interest.

Subsection 164(3.1) - Idem [Interest on refunds and repayments]

Cases

Interprovincial Steel and Pipe Corp. v. The Queen, 86 DTC 6583, [1986] 2 CTC 473 (FCA)

Prior to the enactment of s. 164(3.1), there was no basis for the Minister to collect interest in the circumstances described therein.

Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 152 - Subsection 152(1) 32

Subsection 164(4.1) - Duty of Minister

Cases

Trzop v. Canada, 2002 DTC 6728, 2001 FCA 380

The taxpayer had acquired debt with a nominal adjusted cost base to it and successfully argued before the Supreme Court of Canada that subsequent...

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Locations of other summaries Wordcount
Tax Topics - General Concepts - Evidence 74
Tax Topics - Income Tax Act - Section 54 - Adjusted Cost Base no addition for unpaid labour 68

Indalex Ltd. v. The Queen, 86 DTC 6598, [1986] 2 CTC 482 (FCA)

The issuance of a fresh reassessment by the Minister pursuant to s. 164(4.1)(d) does not have the effect of nullifying the assessment from which...

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See Also

Hagedorn v. The Queen, 95 DTC 288, [1993] 2 CTC 3141 (TCC)

The Tax Court could not consider the appeal of the taxpayer from a reassessment of the Minister made pursuant to s. 164(4.1) given that such...

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Subsection 164(6) - Where disposition of property by legal representative of deceased taxpayer

Administrative Policy

7 October 2020 APFF Roundtable Q. 4, 2020-0852161C6 F - Election

At the 2019 APFF Provincial Roundtable, Revenu Québec indicated that it is possible to claim the capital loss, realized by a graduated rate...

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16 October 2020 External T.I. 2020-0865071E5 - Subsection 164(6) - time limit

Would CRA allow more time for the application of s. 164(6), given that delays in the probate process may delay the timing of the disposition of...

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26 November 2020 STEP Roundtable Q. 15, 2020-0839951C6 - Subsection 164(6) limitations

S. 164(6) requires that there be a disposition within the first taxation year of the graduated rate estate. Would CRA be prepared to recommend and...

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S4-F8-C1 - Business Investment Losses

1.71 ... Where an estate realizes a business investment loss in its first tax year, the legal representative of the estate may elect under...

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2015 Ruling 2015-0569891R3 - Ss. 164(6) carry-back and post-mortem pipeline

One of the beneficiaries (“Child 2”), of a Canadian estate holding stepped-up (per s. 70(5)) shares of A Co (a Canadian portfolio investment...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 84 - Subsection 84(2) proceeds of share redemption (generating s. 164(6) carryback) allocated to U.S. beneficiary before pipeline for Cdn beneficiaries 711

12 February 2013 Internal T.I. 2012-0437211I7 F - NRT rules and subsection 164(6)

The estate of an individual, who was resident in Canada for more than 60 months, was deemed to be resident in Canada under s. 94. At the time of...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 54 - Personal-Use Property personal residence of deceased potentially would not be personal-use property to estate 112
Tax Topics - Income Tax Act - Section 94 - Subsection 94(3) - Paragraph 94(3)(a) estate of resident deceased with one resident beneficiary was subject to s. 94(3) 315

20 December 2010 External T.I. 2010-0384531E5 - Sale of Taxable Canadian Property by Non-Residents

S. 164(6) is available to a non-resident estate, but only regarding property that is taxable Canadian property (so that it would not be available...

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25 February 2004 External T.I. 2004-0056681E5 - 164(6) losses and prior tax yrs

"When the total of the capital losses that are the subject of an election under subsection 164(6) and capital losses otherwise realized by the...

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15 May 1995 External T.I. 9507245 - NR ESTATE - IS 164(6) LIMITED TO "TAX CND PTY"?

Where an estate is a non-resident of Canada, only a capital loss arising on the disposition of taxable Canadian property is eligible for carryback...

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Halifax Round Table, February 1994, Q. 27

RC will accept a T1 Adjustment Request to amend the terminal year T1 return in order to deduct a capital loss incurred by the deceased taxpayer's...

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30 November 1993 Income Tax Severed Letter 9322965 - Executor's Year—Loss Carryback to Year of Death Return

Re whether prior to (1) the anniversary of the death of the deceased and (2) the winding-up of the estate, the executor has the right to wind-up a...

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1993 Internal T.I. 9325537 F - Election Under Sub

Discussion of when shares are capital property of the estate as opposed to the beneficiaries, including a finding that a flow-through of dividends...

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91 C.R. - Q.42

If a capital loss is deemed to be nil as a result of s. 85(4), there is no capital loss to which the rules in s. 164(6) are applicable.

Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 85 - Subsection 85(4) 31

January 4 1991 T.I. (Tax Window, No. 2, p. 7, ¶1182)

The phrase "notwithstanding any other provision of this Act" does not exclude the application of s. 85(4) or similar stop-loss rules. Accordingly,...

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12 September 1990 T.I. (Tax Window, Prelim. No. 1, p. 21, ¶1014)

Where property is held in joint tenancy and one of the joint tenants dies, the surviving joint tenant is not entitled to make the election under...

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IT-484R "Business Investment Losses"

Where the estate realizes a business investment loss in its first taxation year, an election under s. 164(6)(c) may be utilized to have it...

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Articles

H. Michael Dolson, Balaji (Bal) Katlai, Leanne Rodrigo, "Will Planning, Subsection 164(6), and Non-Resident Trusts", International Tax Highlights, Vol. 2, No. 3, August 2023, p. 15

Potential inability of non-resident trust to utilize s. 164(6) for non-TCP (pp. 15-16)

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Elie Roth, Tim Youdan, Chris Anderson, Kim Brown, "Taxation of Trusts Resident in Canada", Chapter 3 of Canadian Taxation of Trusts, (Canadian Tax Foundation), 2016.

Circularity problem where estate capital gains realized in 1st year (p 139)

The CRA has acknowledged that the wording of subsections 40(3.61) and...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - 101-110 - Section 108 - Subsection 108(3) 374
Tax Topics - Income Tax Act - Section 251.1 - Subsection 251.1(4) - Paragraph 251.1(4)(d) 437
Tax Topics - Income Tax Act - Section 251.1 - Subsection 251.1(1) - Paragraph 251.1(1)(g) - Subparagraph 251.1(1)(g)(ii) 115
Tax Topics - Income Tax Act - Section 112 - Subsection 112(3.2) 331
Tax Topics - Income Tax Act - 101-110 - Section 107 - Subsection 107(1) 144
Tax Topics - Income Tax Act - Section 251.2 - Subsection 251.2(3) - Paragraph 251.2(3)(b) 112
Tax Topics - Income Tax Act - Section 252.2 - Subsection 252.2(2) 115
Tax Topics - Income Tax Act - Section 256 - Subsection 256(7) - Paragraph 256(7)(i) 176
Tax Topics - Income Tax Act - Section 70 - Subsection 70(6) - Paragraph 70(6)(d.1) 161
Tax Topics - Income Tax Act - Section 70 - Subsection 70(6) 1201
Tax Topics - Treaties - Income Tax Conventions - Article 29B 239
Tax Topics - Income Tax Act - Section 248 - (2)-(41) 157
Tax Topics - Income Tax Act - Section 248 - Subsection 248(8) 199
Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(4) - Paragraph 104(4)(a.2) 59
Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(4) - Paragraph 104(4)(a.3) 38
Tax Topics - Income Tax Act - Section 118.1 - Subsection 118.1(6) 174
Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(6) 164
Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(24) 163
Tax Topics - Income Tax Act - 101-110 - Section 105 - Subsection 105(1) 91
Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(18) 49
Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(7.01) 66
Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(19) 311
Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(13) 125
Tax Topics - Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(bb) 144
Tax Topics - Income Tax Act - 101-110 - Section 104 - Subsection 104(2) 379

Chris Falk, Stefanie Morand, "Current Issues Forum: Pipeline Planning; Subsection 164(6) Circularity Issue; Eligible Dividend Designations", 2012 Ontario Tax Conference of Canadian Tax Foundation

Interaction of Subsections 40(3.6), 40(3.61) and 164(6) — the "Circularity" Issue

As discussed in more detail in the Moraitis/Kakkar Article,...

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David Louis, "164(6) - This Time in Context", Tax Topics No. 1595, 3 October 2002, p. 1.

Paragraph 164(6)(a)

Administrative Policy

26 November 2020 STEP Roundtable Q. 5, 2020-0847181C6 - Subsections 40(3.61) and 164(6)

In the first taxation year of an estate, it realizes a capital loss of $1,000,000 on redeeming a portion of the common shares of a private company...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 40 - Subsection 40(3.61) ss. 40(3.61) and (3.6), and 164(6), not applied iteratively to eliminate a s. 164(6) loss carryback where the estate also realized a small capital gain 474

Paragraph 164(6)(e)

Administrative Policy

15 June 2022 STEP Roundtable Q. 13, 2022-0929381C6 - 164(6) – Amending Deceased’s Final T1 Return

The conditions for allowing capital losses of a graduated rate estate in its first taxation year to be considered capital losses of the deceased...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 164 - Subsection 164(3) commencement of refund interest where loss transferred from GRE to terminal return 170

Subsection 164(6.1) - Realization of deceased employees’ options

Administrative Policy

16 June 2014 STEP Roundtable, 2014-0523011C6 - STEP Roundtable 2014-7(1)(e)

After noting that s. 7(1)(e) did not apply if a deceased employee held unvested stock options because such options had no value immediately after...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 7 - Subsection 7(1) - Paragraph 7(1)(e) nil valuation of unvested options 99

30 October 2012 Ontario CTF Roundtable Q. 14, 2012-0462941C6 - 2012 Ontario CTF Q14 - Circularity with 164(6)

The query noted that when an estate elects under subsection 164(6) to apply a capital loss to the terminal return of the deceased, it is possible...

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21 December 2012 Internal T.I. 2009-0327221I7 - Paragraph 7(1)(e) - Death of a Taxpayer

After noting that a deceased employee would be deemed under s. 7(1)(e) to dispose of unexercised stock options at fair market value on death, and...

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6 September 2001 Internal T.I. 2001-0094327 F - DEMANDE DE CONTRIBUABLE

The Directorate indicated that since s. 110.1(1.1) used the word “deducted” rather than “deductible,” a donation which had been deducted...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 111 - Subsection 111(8) - Non-Capital Loss non-capital loss could be recomputed for a prior year which had not been assessed 373
Tax Topics - Income Tax Act - Section 152 - Subsection 152(4) CCRA should not exercise its discretion to reassess a taxation year to allow the carryforward of a non-capital loss arising as a result of a favourable court decision 279
Tax Topics - Income Tax Act - 101-110 - Section 110.1 - Subsection 110.1(1.1) donation previously claimed in a prior year but no longer needed in that year could not be re-claimed in a subsequent year 60
Tax Topics - Income Tax Act - Section 111 - Subsection 111(3) - Paragraph 111(3)(a) s. 111(3)(a) precluded the application of a non-capital loss that had previously been claimed for a prior year even though there no longer was taxable income in that prior year 159

Subsection 164(6.4)

Administrative Policy

21 December 2012 Internal T.I. 2009-0327221I7 - Paragraph 7(1)(e) - Death of a Taxpayer

CRA stated:

Where an employee stock option provides that the option is automatically cancelled on death of an employee, the value of the option...

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Subsection 164(7)

Cases

Imperial Oil Resources Limited v. Canada (Attorney General), 2016 FCA 139

In response to an increase in royalty charges by the Albertan government for the rights to oil sands, the federal government issued the Syncrude...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 171 - Subsection 171(1) Tax Court has no jurisdiction to hear an appeal on the computation of refund interest 347

See Also

McMillen Holdings Ltd. v. MNR, 87 DTC 585, [1987] 2 CTC 2327 (TCC)

The taxpayer, which had received a dividend refund, for its taxation year ended July 31, 1982, on August 22, 1983, appealed to the Tax Court...

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Tax Topics - Income Tax Act - Section 171 - Subsection 171(1) no jurisdiction to order payment of refund interest 344

Administrative Policy

4 May 2009 External T.I. 2008-0299841E5 F - Garantie pour l'impôt de départ

Before concluding that the posting of security under s. 220(4.5) for departure tax can generate a refund of instalments paid in excess of regular...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 220 - Subsection 220(4.5) posting of security for departure tax can generate refund of instalments paid in excess of regular tax 213