Subsection 207.04(1)
Administrative Policy
27 November 2009 External T.I. 2009-0335681E5 F - Placement non admissible, acquisition action
What is the timing of the acquisition by an RRSP trust of a non-qualified investment that is a share subscribed for by the trust but not paid for...
Subsection 207.04(2) - Amount of tax payable
Administrative Policy
4 December 2014 External T.I. 2014-0529681E5 - Non-qualified investments acquired by RRSP Trust
1. An RRSP trust, which holds shares of Company A that are a non-qualified investment, receives a stock dividend comprising additional shares of...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 146 - Subsection 146(10.1) | non-qualified stock dividend on qualified or non-qualified shares | 230 |
27 March 2014 Ministerial Correspondence 2014-0518601M4 - Non-qualified investments held in registered plans
In response to a general inquiry, CRA stated:
If a trust governed by a registered plan acquires a qualified investment that later becomes a...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 204 - Qualified Investment - Paragraph (d) | meaning of "securities" | 23 |
Subsection 207.04(4)
Administrative Policy
S3-F10-C1 - Qualified Investments – RRSPs, RESPs, RRIFs, RDSPs, FHSAs and TFSAs
Limitations on refund
1.73 The 50% tax on non-qualified investments is refundable in certain circumstances. To qualify for the refund, the...
17 April 2013 External T.I. 2012-0457011E5 F - Coop Shares in RRSP and Prohibited Invest. Rules
The correspondent expressed concern that although the new rules effectively required an RRSP holding shares of a cooperative to dispose of some of...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 207.01 - Subsection 207.01(1) - Excluded Property - Paragraph (c) | shares can become prohibited investments as a result of other shareholders dispose of their shares | 373 |
| Tax Topics - Income Tax Act - Section 207.01 - Subsection 207.01(1) - Advantage - Paragraph (c) | advantage tax on net capital gains and income of RRSP from cooperative shares | 352 |
Forms
RC339 Individual Return for Certain Taxes for RRSPs, RRIFs, RESPs or RDSPs
Refund must be applied for separately from payment of tax, with letter explaining why refund is justified
You may be entitled to a refund of the...