Subsection 127.44(1)
Dedicated Geological Storage
Administrative Policy
31 October 2024 External T.I. 2024-1038061E5 F - Dedicated Carbon Storage
Does a “geological formation” referred to in the definition of “dedicated geological storage” refer only to an underground reservoir, or...
Words and Phrases
geological formationQualified Carbon Capture Expenditure
A
Paragraph (b)
Subparagraph (b)(i)
Administrative Policy
5 June 2025 External T.I. 2025-1055221E5 - CCUS Factor - Power Purchase Agreements
Taxpayer A will construct a power plant built with integrated carbon capture equipment in Alberta (Project A), which constitutes a qualified CCUS...
Qualified CCUS Expenditure
Administrative Policy
25 November 2025 External T.I. 2025-1049831E5 - Capital Cost of a XXXXXXXXXX - Temporary Workspace
The taxpayer, which proposed to construct a qualifying CCUS project in Canada, agreed with the landowner, whose land was required to access the...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 13 - Subsection 13(21) - Undepreciated Capital Cost - A | fees for access rights to an asset were a cost of a separate depreciable asset | 144 |
Subsection 127.44(4)
Administrative Policy
21 July 2025 External T.I. 2024-1039761E5 - CCUS timing issue: Paragraph 127.44(9)(h)
In 2026. a taxable Canadian corporation (Aco) takes ownership and delivery of, and pays for, equipment described in Class 57(a) at the premises...
Subsection 127.44(9)
Administrative Policy
21 July 2025 External T.I. 2025-1068511E5 - CCUS timing issue: Paragraph 127.44(9)(e)
A taxable Canadian corporation (BCo), receives initial project evaluation from Natural Resources Canada (NRCan) for its CCUS project in 2025. In...