Administrative Policy
24 April 2013 External T.I. 2013-0476561E5 F - Coûts de drainage de terre agricole
Is a taxpayer, who owns and leases farmland on which the taxpayer is performing drainage work, deduct the cost of the pipes that are used for that...
18 December 2013 External T.I. 2013-0479421E5 F - Section 30 and Cranberry Farm
In converting lands to a cranberry farm:
[L]and clearing, levelling and drainage expenditures could be deductible under section 30.
On the other...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Improvements v. Repairs or Running Expense | initial cranberry plant planting is a cost of land | 94 |
| Tax Topics - Income Tax Regulations - Schedules - Schedule II - Class 17 - Paragraph 17(c) | costs of constructing cranberry farm basins included in Class 17 | 79 |
| Tax Topics - Income Tax Regulations - Schedules - Schedule II - Class 6 | costs of constructing irrigation pond included | 33 |
| Tax Topics - Income Tax Regulations - Schedules - Schedule II - Class 8 | irrigation system included, drainage costs deductible under s. 30 | 79 |
29 March 2012 External T.I. 2011-0427821E5 F - Biens agricoles admissibles
Farm A Inc. and a partnership (Farm B SENC) were both owned 50/50 by two spouses (Mr. A and Ms. B). Farm B SENC leased the farm land and buildings...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1) - Interest in a Family Farm or Fishing Partnership | potential qualification where farm property of partnership is leased to farming corp. with same family owners | 315 |