Words and Phrases - "resident in Canada"
17 May 2022 External T.I. 2021-0884651E5 - Cost Recovery Method in IT-426R (Archived)
Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Canadian Resident Partnership“Canadian resident partnership” is not a person “resident in Canada”
A limited partnership with both resident and non-resident partners, but with its central management and control in Canada (so that it was a...
Words and Phrases
resident in CanadaLocations of other summaries | Wordcount | |
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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 Regulations - Regulation 229 - Subsection 229(1) | T5013 return is not a return of income | 128 |
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 |