Articles
Anthony V. Strawson, "Should Partnership Information Returns be Filed as a Matter of Course?", Tax for the Owner-Manager, Vol. 9, No. 4, October, 2009, p. 4.
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 152 - Subsection 152(1.4) | 0 |
Subsection 229(1)
Administrative Policy
17 May 2022 External T.I. 2021-0884651E5 - Cost Recovery Method in IT-426R (Archived)
A limited partnership with both resident and non-resident partners, but with its central management and control in Canada (so that it was a...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(g) | a limited partnership selling shares on an earnout basis cannot utilize the cost-recovery method | 383 |
| Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Canadian Resident Partnership | “Canadian resident partnership” is not a person “resident in Canada” | 143 |
| Tax Topics - Income Tax Act - Section 96 - Subsection 96(1) - Paragraph 96(1)(a) | “Canadian resident partnership” is not a person “resident in Canada” (although it is resident for income computation purposes) | 160 |
31 May 2016 External T.I. 2016-0642011E5 - Functional currency election and partnerships
ACo and BCo are equal partners in a partnership. ACo has made a functional currency election under s. 261(3). The partnership books and records...
T4068(E) Guide for the Partnership Information Return (T5013 Forms)
Exclusions from partnership filing obligations
Who has to file a partnership information return?
Under subsection 229(1) of the Regulations, all...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 96 - Subsection 96(4) | 218 | |
| Tax Topics - Income Tax Act - Section 96 | 39 | |
| Tax Topics - Income Tax Act - Section 96 - Subsection 96(1.01) | 149 |
90 C.R. - Q32
Where a partner retires from a partnership that has a continuing right to an allocation of income under s. 96(1.1), or has a residual interest...
88 C.R. - "Tax Reform and Tax Administration" - "Partnership Reporting"
Explanation of the need for the regulation.
IC 89-5R "Partnership Information Return"
Articles
Robert Cribb, Marco Chown Oved, "Snow washing: Canada is the world’s newest tax haven ", Toronto Star, 25 January 2017
Filing exemption for provincially-formed partnerships which have no Canadian partners or Canadian business
Of greatest interest to foreign...
Forms
T5013 FIN Partnership Financial Return
Subsection 229(4)
Administrative Policy
1 May 1990 T.I. (October 1990 Access Letter, ¶1484)
A partnership formed to pay the expenses incurred by a condominium building with respect to community property, and a "non-profit" partnership...
Subsection 229(5)
Administrative Policy
5 October 2018 APFF Roundtable Q. 6, 2018-0768771C6 F - Determination for a foreign partnership
CRA’s position is that where the partners of a partnership are not required to file a T5013 (which would generally be the case if the...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 152 - Subsection 152(1.4) | CRA cannot make a partnership income or loss determination where the partnership has no T5013 filing obligation | 274 |