Income Tax Severed Letters - 1994-10-21

Administrative Letter

13 September 1994 Administrative Letter 9411152 F - INDIEN

Unedited CRA Tags
81(1)a)

Principales Questions:
Le revenu de pêche gagné par un Indien (M.A) d'une entreprise de pêche commerciale laquelle est située sur la réserve où M.A réside, est-il exempt d'impôt en vertu de l'alinéa 81(1)a) de la Loi de l'impôt sur le revenu? M.A est un travailleur autonome.
Si la même entreprise est exploitée via la société A, le revenu de dividende reçu par M.A est-il exempt d'impôt?

Position Adoptée:
Aucune. Commentaires généraux.

Technical Interpretation - External

17 October 1994 External T.I. 9418075 - WITHHOLDING TAX

Unedited CRA Tags
202(1)(B) 212(1)(B)
Summary Under
Tax Topics - Income Tax Act - Section 212 - Subsection 212(1)

Principal Issues:

13 October 1994 External T.I. 9425045 F - INTERET SUR HYPOTHEQUE

Unedited CRA Tags
20(1)(c)

Principales Questions:

Déductibilité des intérêts lors du refinancement d'un prêt hypothécaire ou lors d'un prêt hypothécaire additionnel sur des biens de location.

Position Adoptée:

13 October 1994 External T.I. 9421635 - RRIF AT DEATH

Unedited CRA Tags
146.3(6) 146.3(6.2)

Principal Issues:

11 October 1994 External T.I. 9416675 - GIFT OF LIFE INSURANCE POLICY

Unedited CRA Tags
118.1(5)
Summary Under
Tax Topics - Income Tax Act - Section 118.1 - Subsection 118.1(5)

Principal Issues:

11 October 1994 External T.I. 9421345 - DATE OF ACQUISITION

Unedited CRA Tags
54c)
Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Disposition

Principal Issues:

6 October 1994 External T.I. 9420745 - MASTER TRUST

Unedited CRA Tags
REG 5001 REG 5000(7)
Summary Under
Tax Topics - Income Tax Regulations - Regulation 5000 - Subsection 5000(7) - Pooled Fund Trust

Principal Issues:

6 October 1994 External T.I. 9414895 - QUALIFIED FARM PROPERTY & CAPITAL GAINS DEDUCTION

Unedited CRA Tags
110.6(1) 110.6(2) 54(c)

Principal Issues:

5 October 1994 External T.I. 9421645 - GIFT OF EQUITABLE INTEREST IN A TRUST

Unedited CRA Tags
118.1(1)
Summary Under
Tax Topics - General Concepts - Fair Market Value - Other
Summary Under
Tax Topics - Income Tax Act - Section 118.1 - Subsection 118.1(1) - Total Charitable Gifts

Principal Issues:

4 October 1994 External T.I. 9423355 - UNDERWRITER'S DISCOUNT

Unedited CRA Tags
20(1)(e)
Summary Under
Tax Topics - Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(e)

Principal Issues:

4 October 1994 External T.I. 9421325 - CCA DEDUCTIONS FOR MURBS

Unedited CRA Tags
REG 1100(14)(a)

Principal Issues:

4 October 1994 External T.I. 9423615 F - ANNULATION DU BULLETIN IT-114 - BONS DU TRÉSOR

Unedited CRA Tags
16(3) 12(9) 12(11) 12(4) 7000(1)a)

Principales Questions:

1.Quelles sont les raisons pour l'annulation du bulletin IT-114.
2. Quel est le traitement fiscal des rabais relatifs aux bons du Trésor?

Position Adoptée:

4 October 1994 External T.I. 9421415 - EMPLOYEE SHARE OWNERSHIP PLAN

Unedited CRA Tags
7(6)

Principal Issues:
Tax consequences in particular situations relating to Employee Share Ownership Plan.

4 October 1994 External T.I. 9421425 - DEDUCTIBILITY OF FEES

Unedited CRA Tags
18(1)(a) 18(1)(b)
Summary Under
Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Legal and other Professional Fees

Principal Issues:

4 October 1994 External T.I. 9425255 - SCIENTIFIC RESEARCH - GENERAL

Unedited CRA Tags
37(1)(a)(ii)(B)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

XXXXXXXXXX				5-942525

Attention: XXXXXXXXXX
October 4, 1994
Dear Sirs:

Re: Approved Research Institute

3 October 1994 External T.I. 9424115 - EPSP FORFEITURES

Unedited CRA Tags
144(1) 144(9) 144(3)
Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Property
Summary Under
Tax Topics - Income Tax Act - Section 54 - Adjusted Cost Base

Principal Issues:treatment of EPSP forfeitures when beneficiary remains in plan.

29 September 1994 External T.I. 9423595 - DEDUCTIBILITY OF PAST SERVICE PENSION COSTS

Unedited CRA Tags
147.2(4)

Principal Issues:

28 September 1994 External T.I. 9410515 - EMPLOYEE BENEFIT PLAN

Unedited CRA Tags
6(1)(g) 56(1)(a) 110(1)(f)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

		5-941051
XXXXXXXXXX	M.D. Gervais

March 31, 2016

Dear Sir:

Re: Employee Benefit Plans - 401(k) plans
Distributions to a Canadian resident

28 September 1994 External T.I. 9421885 F - POLICE D'ASSURANCE-VIE ET REER

Unedited CRA Tags
146(16) 146(2)(c.4)

Principales Questions:

Est-ce que les sommes de la portion épargne d'une police d'assurance-vie enregistrée comme REER utilisées pour payer les coûts d'assurance sont des prestations?

Position Adoptée:

28 September 1994 External T.I. 9418195 - QSBCS

Unedited CRA Tags
110.6(1)(d)

Principal Issues:

28 September 1994 External T.I. 9416265 - INTEREST INCOME

Unedited CRA Tags
12(1)(c) 12(3)
Summary Under
Tax Topics - Income Tax Regulations - Regulation 7000 - Subsection 7000(1) - Paragraph 7000(1)(a)

Principal Issues:

27 September 1994 External T.I. 9423895 - PERIODIC PAYMENTS DUE ON RETIREMENT

Unedited CRA Tags
6(3) 56(1)(a)(i) 56(1)(i)(ii) 56(1)(x) 254

Principal Issues:

27 September 1994 External T.I. 9412615 - NON-RESIDENT BENEFICIARIES WITHHOLDING TAX

Unedited CRA Tags
212(11) 212(1)(c)

Principal Issues:

23 September 1994 External T.I. 9416295 F - DÉDOMMAGEMENT REÇU AU DÉPART D'UN MÉDECIN

Unedited CRA Tags
9 14

Position Adoptée:

21 September 1994 External T.I. 9420655 - VALUE OF WITHDRAWALS OF PROPERTY FROM RRSP

Unedited CRA Tags
248(1) 146

Principal Issues:Valuation of withdrawal from rrsp

14 September 1994 External T.I. 9419925 - SECTION 84(4.2)

Unedited CRA Tags
84(4.2) 248(1)(T)
Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Term Preferred Share

Principal Issues:

26 August 1994 External T.I. 9413005 - INDIAN ACT EXEMPTION

Unedited CRA Tags
81(1)(a)

Principal Issues:

4 August 1994 External T.I. 9417575 - INDIANS - INCOME EARNED ABROAD

Unedited CRA Tags
81

Principal Issues:

27 July 1994 External T.I. 9416405 - INDIANS - INVESTMENT INCOME - TRUST

Unedited CRA Tags
81(1)(a)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

				941640
XXXXXXXXXX		J. Brooks

July 27, 1994

Dear XXXXXXXXXX:

This is in reply to your letter of June 20, 1994 in which you requested us to confirm your understanding of the interaction of the Income Tax Act with the Indian Act in a certain type of situation.

21 July 1994 External T.I. 9414225 - NON-PROFIT ORGANIZATION

Unedited CRA Tags
149(1)(l)
Summary Under
Tax Topics - Income Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(l)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

Whether a corporation incorporated to carry out a dockside monitoring program on fish landings would qualify as a non-profit corporation for income tax purposes.

Position TAKEN:

Possibly, if it meets the conditions of paragraph 149(1)(l).

25 June 1994 External T.I. 9414015 - GRANDFATHERING NEGATIVE ACB OF PARTNERSHIP INTEREST

Unedited CRA Tags
40(3.1)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

    					941401
XXXXXXXXXX									C. R. Brown

Attention: XXXXXXXXXX

June 13, 1994

Dear Sirs:

Re: Proposed Legislation on Negative Adjusted Cost Base

This is in reply to your facsimile transmission of May 27, 1994.

2 June 1994 External T.I. 9413855 - GRANDFATHERING NEGATIVE ACB OF PARTNERSHIP INTEREST

Unedited CRA Tags
40(3.1)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

			941385
XXXXXXXXXX	C. R. Brown

Attention: XXXXXXXXXX

June 2, 1994

Dear Sirs:

Re: Proposed Legislation on Negative Adjusted Cost Base

25 May 1994 External T.I. 9409035 F - CREDIT D'IMPOT A L'INVESTISSEMENT PET. ENTREPRISE

Unedited CRA Tags
127(5) 127(9) 13(27)

Principales Questions:

Un agriculteur a acheté en novembre 1993 un tracteur qu'il ne compte utiliser qu'au printemps 1994 dans le cadre de son exploitation agricole.
Le tracteur se qualifie en tant que bien admissible de petite entreprise (BAPE) et vous désirez savoir si votre client doit réclamer le CIIPE en 1993 ou en 1994.

Position Adoptée:

20 May 1994 External T.I. 9412955 - NEGATIVE ACB PARTNERSHIP INTEREST..GRANDFATHERING

Unedited CRA Tags
40(3.1)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

    					941295
XXXXXXXXXX									C. R. Brown
(613) 975-8954

Attention: XXXXXXXXXX

May 20, 1994

Dear Sirs:

Re: Proposed Legislation on Negative Adjusted Cost Base

19 May 1994 External T.I. 9412205 - GRANDFATHERING CCA RE CERTIFIED PRODUCTION

Unedited CRA Tags
20(1)(a)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

			  Cal Brown
XXXXXXXXXX		  941220

Attention: XXXXXXXXXX

May 19, 1994

Dear Sirs:

Re: Grandfathering "XXXXXXXXXX" Certified Production

18 May 1994 External T.I. 9412245 - GRANDFATHERING NEGATIVE ACB OF PARTNERSHIP INTEREST

Unedited CRA Tags
40(3.1)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

			941224
XXXXXXXXXX                                C. R. Brown

Attention: XXXXXXXXXX

May 18, 1994

Dear Sirs:

Re: Proposed Legislation on Negative Adjusted Cost Base

Conference

14 September 1994 APFF Roundtable Q. 3, 9422460 F - REPORT DE PERTE- ENTR. PRESTATION SERVICES PERSONNELS

Unedited CRA Tags
111 245 18(1)(p)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

TABLE RONDE SUR LA FISCALITÉ FÉDÉRALE
APFF - CONGRÈS 1994

Question 3

Utilisation des pertes fiscales d'une société contrôlée par un particulier au moyen de la conclusion d'un contrat d'emploi

12 September 1994 APFF Roundtable Q. 9, 9422520 F - CERTIFICATS-CADEAUX

Unedited CRA Tags
6(1)a) 15(1) 56(2) 67.1

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

TABLE RONDE SUR LA FISCALITÉ FÉDÉRALE
APFF - CONGRÈS 1994

Question 9

Certificats-cadeaux

14 September 1994 APFF Roundtable Q. 12, 9422540 F - TRAITEMENT FISCAL-COUTS INITIAUX DE PRODUCTION

Unedited CRA Tags
9 10 18

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

TABLE RONDE SUR LA FISCALITÉ FÉDÉRALE
APFF - CONGRÈS 1994

Question 12

Évaluation des biens figurant dans un inventaire

14 September 1994 APFF Roundtable Q. 35, 9422700 F - ACTION ADMISSIBLE DE PETITE ENTREPRISE

Unedited CRA Tags
110.6(1)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

TABLE RONDE SUR LA FISCALITÉ FÉDÉRALE
APFF - CONGRÈS 1994

Question 35

Action admissible de petite entreprise

8 September 1994 APFF Roundtable Q. 36, 9422710 F - TAXES MUNICIPALES PAYÉES D'AVANCE

Unedited CRA Tags
18(9)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

TABLE RONDE SUR LA FISCALITÉ FÉDÉRALE
APFF - CONGRÈS 1994

Question 36

Taxes municipales payées d'avance

14 September 1994 APFF Roundtable Q. 40, 9422970 F - PRINCIPES COMPTABLES GÉNÉRALEMENT RECONNUS

Unedited CRA Tags
9

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

TABLE RONDE SUR LA FISCALITÉ FÉDÉRALE
APFF - CONGRÈS 1994

Question 40

Méthode de comptabilisation des dépenses

12 September 1994 APFF Roundtable Q. 47, 9423040 F - GAIN EN CAPITAL OU AFFAIRE COMMERCIALE

Unedited CRA Tags
40(3) 248(1) 9(1)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

TABLE RONDE SUR LA FISCALITÉ FÉDÉRALE
APFF - CONGRÈS 1994

Question 47

Gain en capital ou revenu d'une affaire commerciale

Technical Interpretation - Internal

11 October 1994 Internal T.I. 9418166 - EX GRATIA PAYMENT

Unedited CRA Tags
5(1) 56(1)(a)(ii)
Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Retiring Allowance
Summary Under
Tax Topics - Income Tax Act - Section 5 - Subsection 5(1)

Principal Issues:

29 September 1994 Internal T.I. 9419767 - PROCEEDS OF DISPOSITION

Unedited CRA Tags
13(21) 9
Summary Under
Tax Topics - Income Tax Act - Section 13 - Subsection 13(21) - Proceeds of Disposition

Principal Issues:

29 September 1994 Internal T.I. 9409416 - MUTUAL FUND AND UNIT TRUST

Unedited CRA Tags
REG 4803(2)(a) 108(2)(a) 132(6) REG 4801
Summary Under
Tax Topics - Income Tax Act - 101-110 - Section 108 - Subsection 108(2) - Paragraph 108(2)(a)
redemption can be at a reasonable discount to stock market pricing
Summary Under
Tax Topics - Income Tax Regulations - Regulation 4803 - Subsection 4803(2) - Paragraph 4803(2)(a)
filing of offering memorandum

Principal Issues:
1.Are units of funds issued by prospectus exemption considered to be publicly traded?
2.If a fund is not governed by National Policy No. 39, can the units meet the criteria in paragraph 108(2)(a)?

29 September 1994 Internal T.I. 9424177 - FIRST-TIME HOME BUYER UNDER HOME BUYERS' PLAN

Unedited CRA Tags
146.01(1)(d.1) 146.01(2)(a.1) 252(4)(a)

Principal Issues:

29 September 1994 Internal T.I. 9418047 - EMPLOYMENT BENEFITS - EMPLOYER PROVIDED AUTOMOBILE

Unedited CRA Tags
6(1)(k)

Principal Issues:

28 September 1994 Internal T.I. 9417897 F - DÉPENSES D'EMPLOI RELIÉES A UNE AUTOMOBILE

Unedited CRA Tags
8(1)h.1)

Position Adoptée:

22 September 1994 Internal T.I. 9422817 F - PAIEMENTS INCITATIFS

Unedited CRA Tags
9(1) 18(1)(a) 18(1)(B)

Principales Questions:

1.Déductibilité des intérêts sur emprunt pour racheter des actions

2. Traitement des paiements incitatifs à la signature d'un bail

Position Adoptée:

21 September 1994 Internal T.I. 9423857 - EARNED INCOME, RRSP, UNITED NATIONS

Unedited CRA Tags
146(1)

Principal Issues:Does earned income include income from UN employment?

3 August 1994 Internal T.I. 9419397 - EARNED INCOME AND EXEMPT INCOME FOR RRSP

Unedited CRA Tags
81 146(1)(c) 204.1 146(8.2)
Summary Under
Tax Topics - Income Tax Act - Section 146 - Subsection 146(1) - Earned Income

Principal Issues:

26 April 1994 Internal T.I. 9409486 - RPP PAYMENTS TO BENEFICIARIES AS PRIZES OR BENEFITS

Unedited CRA Tags
REG 8502(d) REG 8502(c) 56(1)(a)(i)
Summary Under
Tax Topics - Income Tax Regulations - Regulation 8502 - Paragraph 8502(c)

Principal Issues:

21 April 1994 Internal T.I. 9410410 - CORPORATE STATUS OF RUSSIAN JOINT ENTERPRISE

Unedited CRA Tags
95(1)(d)

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

Position TAKEN:

Cannot determine.

Reasons FOR POSITION TAKEN:

We would require copies of foreign statutes and any other documents pertaining to the creation of that entity.

Ministerial Letter

9 September 1994 Ministerial Letter 9419388 F - REGIMES DE CONGES SABBATIQUES

Unedited CRA Tags
6801

Principal Issues:

11 August 1994 Ministerial Letter 9417048 - INDIAN GUIDELINES - EMPLOYMENT INCOME

Unedited CRA Tags
81(1)(a)

Principal Issues:

11 August 1994 Ministerial Letter 9417078 - INDIANS - EMPLOYMENT INCOME GUIDELINES

Unedited CRA Tags
81(1)(a)

Principal Issues:

11 August 1994 Ministerial Letter 9417088 - INDIANS - EMPLOYMENT INCOME GUIDLELINES

Unedited CRA Tags
81(1)(a)

Principal Issues:

11 August 1994 Ministerial Letter 9417098 - INDIAN EMPLOYMENT INCOME GUIDELINES

Unedited CRA Tags
81(1)(a)

Principal Issues:

6 June 1994 Ministerial Letter 9411598 - OLD AGE SECURITY INCOME RECEIVED BY STATUS INDIAN.

Unedited CRA Tags
81(1)(a)

Principal Issues: