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1999-11-12 |
12 October 1999 External T.I. 9902655 F - FRAIS DE GARDE D'ENFANTS |
Income Tax Act - Section 63 - Subsection 63(3) - Child Care Expense |
fees paid to a school once the child has reached mandatory school age generally are not child care expenses |
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1999-11-12 |
14 October 1999 External T.I. 9904375 F - INDIEN-REVENU DE PLACEMENTS |
Other Legislation/Constitution - Federal - Indian Act - Section 87 |
investment income from on-reserve branch of a financial institution generally is derived from off-reserve income-generating activity |
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1999-11-12 |
15 October 1999 External T.I. 9908175 F - PERTE EN CAPITAL VS PTPE |
Income Tax Act - Section 39 - Subsection 39(1) - Paragraph 39(1)(c) - Subparagraph 39(1)(c)(ii) |
a s. 111(4)(d) loss is not deemed to be from a disposition to a person |
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1999-11-12 |
15 October 1999 External T.I. 9908175 F - PERTE EN CAPITAL VS PTPE |
Income Tax Act - Section 111 - Subsection 111(4) - Paragraph 111(4)(e) |
s. 111(4)(e) designation could be made within 90 days of denying a s. 111(4)(d) loss as a BIL |
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1999-11-12 |
15 October 1999 External T.I. 9908175 F - PERTE EN CAPITAL VS PTPE |
Statutory Interpretation - Interpretation/Definition Provisions |
deeming there to be a disposition does not mean that it is deemed to be to a person |
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1999-10-29 |
9 April 1999 External T.I. 9901735 F - CREDIT D'IMPOT POUR EMPLOI A L'ETRANGER |
Income Tax Act - Section 122.3 - Subsection 122.3(1) |
how to count a month |
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1999-10-29 |
21 September 1999 External T.I. 9915915 F - CONTRAT DE RENTE ET RPA |
Income Tax Act - Section 147.4 - Subsection 147.4(1) |
issuance of an annuity to distribute RPP’s actuarial surplus does not satisfy s. 147.4(1) |
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1999-10-01 |
10 September 1999 External T.I. 9901545 F - DIRECTORS LIABILITY - ABIL |
Income Tax Act - Section 40 - Subsection 40(2) - Paragraph 40(2)(g) - Subparagraph 40(2)(g)(ii) |
loss from debt of insolvent corporation that arose to directors as a result of their paying its GST was denied |
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1999-10-01 |
1 September 1999 External T.I. 9901805 F - CONCESSION FORESTIERE |
Income Tax Regulations - Schedules - Schedule VI - Section 5 |
merchantable timber refers to marketable trees |
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1999-10-01 |
1 September 1999 External T.I. 9901805 F - CONCESSION FORESTIERE |
Income Tax Regulations - Schedules - Schedule VI - Section 1 - Paragraph 1(a) - Subparagraph 1(a)(i) |
only timber from cut trees that will eventually be sold is taken into account |
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1999-10-01 |
1 September 1999 External T.I. 9901805 F - CONCESSION FORESTIERE |
Income Tax Regulations - Schedules - Schedule VI - Section 2 - Paragraph 2(b) |
timber that is measured is merchantable timber |
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1999-10-01 |
1 September 1999 External T.I. 9903265 F - ACTIONS ACCREDITIVES |
Income Tax Act - Section 66 - Subsection 66(15) - Flow-Through Share |
flow-through share can be issued pursuant to a subscription agreement signed by the broker as agent |
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1999-10-01 |
1 September 1999 External T.I. 9903265 F - ACTIONS ACCREDITIVES |
General Concepts - Agency |
the tax consequences of a transaction are to be determined as treating the agreement of an agent as that of issued pursuant to a subscription agreement signed by the broker as agent |
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1999-10-01 |
2 September 1999 External T.I. 9909015 F - COUT EN CAPITAL D'UNE PCMC |
Income Tax Act - Section 13 - Subsection 13(21) - Undepreciated Capital Cost - A |
capital cost of film determined in accordance with GAAP |
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1999-10-01 |
2 September 1999 External T.I. 9909015 F - COUT EN CAPITAL D'UNE PCMC |
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose |
provincial capital tax is deductible |
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1999-09-17 |
27 August 1999 External T.I. 9828785 F - PAPILLON |
Income Tax Act - Section 55 - Subsection 55(3.1) - Paragraph 55(3.1)(c) |
if the butterfly was effected on a net FMV basis, so too should the application of the 10% test |
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1999-09-17 |
2 September 1999 Internal T.I. 9919677 F - DEDUCTION EN VERTU DE L'ALINEA 60J.04) |
Income Tax Act - Section 60 - Paragraph 60(j.04) |
repayment should not exceed the payer’s income |
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1999-09-17 |
31 August 1999 External T.I. 9921895 F - TRANSFERT D'ALLOCATION DE RETRAITE |
Income Tax Act - Section 60 - Paragraph 60(j.1) - Subparagraph 60(j.1)(ii) - Clause 60(j.1)(ii)(B) |
detailed example of s. 60(j.1)(ii)(B) where 50% vesting |
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1999-09-03 |
27 August 1999 External T.I. 9830385 F - INTERACTION OF SECTION OF THE ACTS 11O.6(19) |
Income Tax Act - Section 110.6 - Subsection 110.6(19) |
benefit of s. 110.6(19) election is lost on a depreciable property’s transfer on an s. 70(6) or 85(1) rollover basis |
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1999-09-03 |
27 August 1999 External T.I. 9830385 F - INTERACTION OF SECTION OF THE ACTS 11O.6(19) |
Income Tax Act - Section 85 - Subsection 85(1) - Paragraph 85(1)(a) |
s. 85(1) rollover of depreciable property at its cost amount obliterates the ACB increase from an s. 110.6(19) election |
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1999-09-03 |
30 August 1999 External T.I. 9916975 F - TRANSFERT D'ALLOCATION DE RETRAITE |
Income Tax Act - Section 5 - Subsection 5(1) |
employee on 5-year parental leave could still be an employee if subject to the employer’s directives |
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1999-09-03 |
27 August 1999 External T.I. 9917925 F - OSBL -FILIALE ET C I I |
Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l) |
holding taxable sub does not preclude NPO status |
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1999-09-03 |
27 August 1999 External T.I. 9917925 F - OSBL -FILIALE ET C I I |
Income Tax Act - Section 127 - Subsection 127(9) - Investment Tax Credit |
taxable sub of NPO can claim ITCs but is an excluded corp |
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1999-09-03 |
23 August 1999 External T.I. 9922205 F - REGIME D'ACCESSION A LA PROPRIETE |
Income Tax Act - Section 146.01 - Subsection 146.01(1) - Regular Eligible Amount - Paragraph (e) |
question of fact whether a temporary housing unit was a principal place of residence |
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1999-08-20 |
6 August 1999 External T.I. 9831115 F - PRODUIT DE DISPOSITION BIA - RÉDUCTION |
Income Tax Act - Section 14 - Subsection 14(5) - Cumulative Eligible Capital - Variable E |
maximum amount of variable proceeds was included under E(a) |
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1999-08-20 |
4 August 1999 External T.I. 9908235 F - PARAGRAPHE 112(3.2) - REGLE TRANSITOIRE |
Income Tax Act - Section 112 - Subsection 112(3.2) |
correspondence with insurance company could demonstrate main purpose of policy |
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1999-08-20 |
9 August 1999 External T.I. 9915645 F - PARAGRAPHES 104(13.1) ET 112(3.2) |
Income Tax Act - Section 112 - Subsectiom 112(3.32) |
for s. 112(3.32) to apply, an individual must receive the taxable dividends from a direct beneficiary of the trust |
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1999-08-20 |
16 July 1999 External T.I. 9916205 F - FRAIS JUDICIAIRES - ALLOCATON DE RETRAITE |
Income Tax Act - Section 60 - Paragraph 60(o.1) |
accounting fees might qualify - but not where incurred to calculate the amount of a settlement |
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1999-08-20 |
28 July 1999 External T.I. 9920535 F - FRAIS JUDICIAIRES |
Income Tax Act - Section 60 - Paragraph 60(o.1) |
accountant’s fee for advice on retiring allowance is non-deductible |
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1999-08-20 |
28 July 1999 External T.I. 9920535 F - FRAIS JUDICIAIRES |
Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(h) |
personal financial planning services are not deductible |
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1999-08-06 |
17 September 1998 External T.I. 9817625 F - DÉDUCTIBILITÉ DES INTÉRÊTS |
Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) - Subparagraph 20(1)(c)(i) |
receipt of PUC distribution for personal purposes does not reduce deductible interest if the shares remain as a source of income |
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1999-08-06 |
3 August 1999 External T.I. 9820065 F - FIDUCIE ASPECT DIVERS |
Income Tax Act - Section 104 - Subsection 104(18) |
must not be any discretion as to the capitalization of the income |
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1999-08-06 |
3 August 1999 External T.I. 9820065 F - FIDUCIE ASPECT DIVERS |
Income Tax Act - Section 73 - Subsection 73(5) |
quaere whether s. 73(5) could apply to farm property transfer to a child trust |
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1999-08-06 |
3 August 1999 External T.I. 9820065 F - FIDUCIE ASPECT DIVERS |
Income Tax Act - Section 108 - Subsection 108(1) - Testamentary Trust |
testamentary trust cannot arise from an inter vivos trust with multiple beneficiaries |
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1999-08-06 |
16 July 1999 External T.I. 9821295 F - RÉCUPÉRATION D'AMORTISSEMENT |
Income Tax Act - Section 111 - Subsection 111(5) - Paragraph 111(5)(a) - Subparagraph 111(5)(a)(ii) |
recapture is from the same business in which the depreciable property was used |
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1999-08-06 |
16 July 1999 External T.I. 9821295 F - RÉCUPÉRATION D'AMORTISSEMENT |
Income Tax Act - Section 13 - Subsection 13(1) |
recapture is income from the business in which that asset was used |
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1999-08-06 |
7 July 1999 Internal T.I. 9905067 F - DÉDUCTION POUR IMPÔT ÉTRANGER |
Income Tax Act - Section 126 - Subsection 126(1) - Paragraph 126(1)(a) |
maximum credit computed on a source-by-source basis |
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1999-08-06 |
30 June 1999 Internal T.I. 9911197 F - ABANDON D'UN CAAF BSF CHICOUTIMI |
Income Tax Act - Section 13 - Subsection 13(21) - Timber Resource Property - Paragraph (a) - Subparagraph (a)(ii) |
TSFMA was a timber resource property notwithstanding that it was non-transferable |
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1999-08-06 |
30 June 1999 Internal T.I. 9911197 F - ABANDON D'UN CAAF BSF CHICOUTIMI |
Income Tax Act - Section 68 |
sale proceeds were re-allocable under s. 68 to a timber licence notwithstanding no amount allocated to it in the arm’s length sale agreement and its non-transferability |
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1999-08-06 |
30 June 1999 Internal T.I. 9911197 F - ABANDON D'UN CAAF BSF CHICOUTIMI |
Income Tax Act - Section 13 - Subsection 13(21) - Proceeds of Disposition |
sale price could be allocated in part to timber permit of the vendor, even though that permit was extinguished rather than transferred on the sale |
