Words and Phrases - "reserve"
15 April 2003 Internal T.I. 2002-0176687 F - IMPOT DES GRANDES SOCIETES AVANCES
Summary Under
Tax Topics - Income Tax Act - Section 181.2 - Subsection 181.2(3) - Paragraph 181.2(3)(c)prepaid revenues deducted under s. 20(6) were not a reserve
Customers of the corporation paid for services in advance, which the corporation showed as a liability on its balance sheet but deducted as a...
Words and Phrases
reserve| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 181.2 - Subsection 181.2(3) - Paragraph 181.2(3)(b) | prepaid revenues were an “advance” | 132 |
28 January 2021 Internal T.I. 2019-0817641I7 - Acquisition of rights to pension surplus
CRA finds that the purchase price of a business allocated to the actuarial surplus for a defined benefit plan was a non-deductible capital expenditure
A portion of the purchase price paid for the acquisition of a business of the Seller by the Purchaser was allocated to the actuarial surplus in a...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(e) | purchased actuarial surplus was a reserve | 195 |
| Tax Topics - Income Tax Act - Section 78 - Subsection 78(4) | s. 78(4) exclusion would apply to the purchase of actuarial surplus | 191 |
| Tax Topics - Income Tax Act - Section 13 - Subsection 13(35) | purchased actuarial surplus was not deemed goodwill under s. 13(35) | 222 |
Fèdèration des Caisses Populaires Desjardins, 2000 DTC 1585 (TCC), rev'd on second (statutory contribution) issue 2002 DTC 7413 (FCA)
The employees of the taxpayer earned vacation leave during a reference period running from May 1 to April 30 each year. When they took their...
Leonard v. The Queen in Right of British Columbia, [1984] 4 WWR 37 (BCCA)
The reference in s. 87(b) to a "reserve" does not include surrendered lands.
It was stated, obiter, with respect to s. 87(a) that a band "is...
Words and Phrases
reserve