Income Tax Severed Letters - 1995-04-07

Ruling

23 March 1995 Ruling 9428923 F - RETROACTIVITÉ

Unedited CRA Tags
54(c)

Principales Questions:

Accepte-t-on la rétroactivité en cas de nullité d'un contrat?

Position Adoptée:

Technical Interpretation - External

3 December 2018 External T.I. 9430935 - S 116 CERTIFICAT

Unedited CRA Tags
116(1) 116(3) 116(5) 115(1)(b) 84(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.

								5-940226
XXXXXXXXXX						M.D. Gervais
(613) 957-8953

Attention: XXXXXXXXXX

March 1, 1995

Dear Sir:

Re: Section 116 Certificate and Subsection 84(9) of the Income Tax Act

4 April 1995 External T.I. 9500905 - RETIRING ALLOWANCE

Unedited CRA Tags
248(1) 60(j.1) 252(1)

Principal Issues:

28 March 1995 External T.I. 9500825 - RRSP TRANSFERS, CAPITAL GAINS EXEMPTIONS

Unedited CRA Tags
54 110.6

Principal Issues: Routine questions on trasfers from and to RRSPs

28 March 1995 External T.I. 9504255 - SALARY DEFERRAL ARRANGEMENT

Unedited CRA Tags
248(1) 6(11) REG 6801(a)(v)

Principal Issues:

28 March 1995 External T.I. 9430955 - SAFE INCOME STOCK SPLITS

Unedited CRA Tags
55(2)
Summary Under
Tax Topics - Income Tax Act - Section 55 - Subsection 55(2)

Principal Issues: - Will a crystalization of a capital gain on a rollover affect the safe income associated with the shares?

27 March 1995 External T.I. 9501185 F - QUALIFIED INVESTMENTS IN AN RRSP

Unedited CRA Tags
146(1)
Summary Under
Tax Topics - Income Tax Act - Section 206 - Paragraph 206(1)(h)

Principal Issues:

27 March 1995 External T.I. 9431975 - PATRONAGE DIVIDENDS

Unedited CRA Tags
135(1)(a) 135(4) 135(5)
Summary Under
Tax Topics - Income Tax Act - Section 135 - Subsection 135(4) - Allocation in Proportion to Patronage

Principal Issues:

27 March 1995 External T.I. 9419065 - FOREIGN AFFILIATE - DEEMED ACTIVE BUSINESS INCOME

Unedited CRA Tags
95(2)(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.

	              	   941906
XXXXXXXXXX                                 Olli Laurikainen

Attention: XXXXXXXXXX

March 27, 1995

Dear Sirs:

Re: Active Business Income of a Foreign Affiliate

24 March 1995 External T.I. 9503465 - RCA

Unedited CRA Tags
207.6(2)

Principal Issues:

24 March 1995 External T.I. 9507295 - SALE PRICE OF SHARES - CLOSING

Unedited CRA Tags
54(c)
Summary Under
Tax Topics - Income Tax Act - Section 12 - Subsection 12(1) - Paragraph 12(1)(e)
Summary Under
Tax Topics - Income Tax Act - Section 54 - Proceeds of Disposition

Principal Issues:

24 March 1995 External T.I. 9500615 - PRINCIPAL RESIDENCE EXEMPTION

Unedited CRA Tags
40(4) 54

Principal Issues:

23 March 1995 External T.I. 9432105 - CONTRIBUTONS BY EMPLOYER TO REGISTERED PENSION PLAN

Unedited CRA Tags
147.2(1)(c)

Principal Issues:

23 March 1995 External T.I. 9504265 - LSVCC

Unedited CRA Tags
127.4(1)

Principal Issues:

23 March 1995 External T.I. 9500405 - STOCK PURCHASE PLAN

Unedited CRA Tags
7 85(1)
Summary Under
Tax Topics - Income Tax Act - Section 7 - Subsection 7(1.5)

Principal Issues:

22 March 1995 External T.I. 9414435 - RESIDENCE IN A PROVINCE (HAA 7576-1)

Unedited CRA Tags
REG 2607 252(4) 40(2)
Summary Under
Tax Topics - Income Tax Regulations - Regulation 2607

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.

		941443
XXXXXXXXXX		S. Leung

Attention: XXXXXXXXXX

March 22, 1995

Dear Sirs:

Re: XXXXXXXXXX
Residence in a Province

22 March 1995 External T.I. 9504635 - WITHHOLDING TAX FOR NON-RESIDENT COMMUTERS (HAA 8019-1)

Unedited CRA Tags
153(1) 250(1)(a) REG 105(1)
Summary Under
Tax Topics - Income Tax Act - Section 250 - Subsection 250(1) - Paragraph 250(1)(a)
Summary Under
Tax Topics - Income Tax Regulations - Regulation 105 - Subsection 105(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.

		950463
XXXXXXXXXX	S. Leung

Attention: XXXXXXXXXX

March 22, 1995

Dear Sirs:

Re: Withholding Tax for Non-Resident Commuters

22 March 1995 External T.I. 9506225 - TRANSFER TO RELATED CORP 84.1

Unedited CRA Tags
84.1(1)

Principal Issues:

20 March 1995 External T.I. 9429925 - 74.4(2) AND AMALGAMATION

Unedited CRA Tags
74.4(2) 84(9)
Summary Under
Tax Topics - Income Tax Act - Section 74.4 - Subsection 74.4(2)

Principal Issues: Would an amalgamation constitute a transfer of property for the purposes of subsection 74.4(2)?

20 March 1995 External T.I. 9424295 - 256(5.1) CONTROL AND GOVERNING BODIES

Unedited CRA Tags
256(5.1)
Summary Under
Tax Topics - Income Tax Act - Section 256 - Subsection 256(5.1)
Summary Under
Tax Topics - Income Tax Act - Section 256 - Subsection 256(5.1)

Principal Issues: Whether specific situations would constitute a "similar agreement or arrangement" for the purposes of subsection 256(5.1) and whether such arrangements have to be in writing.

17 March 1995 External T.I. 9506475 - REFUND OF PREMIUMS

Unedited CRA Tags
146(1)

Principal Issues:

17 March 1995 External T.I. 9428225 F - OBLIGATION DE PROSUIRE DECLARATION DE REVENU

Unedited CRA Tags
150(1) 149(12) 149(1)(l) 149(1)(e)

Principales Questions:

nouvelle societe en vertu deu ccq doivent-elles produire declaration de revenu

Position Adoptée:

16 March 1995 External T.I. 9505555 - FARMER'S INSURER - INCOME CALCULATION

Unedited CRA Tags
149(1)(t) 149(4.3) 149(4.2) 149(4.1)

Principal Issues:

15 March 1995 External T.I. 9432475 - PENSION BENEFIT SPLIT

Unedited CRA Tags
56(1)(a)(i)

Principal Issues:

13 March 1995 External T.I. 9415625 - STOCK OPTION EXERCISED BY NON-RESIDENT (8019-7)

Unedited CRA Tags
115(1)(a)(i) 115(2)(c) 115(1)(a)(v) Art 15

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.

		941562
XXXXXXXXXX		G. Middleton

Attention: XXXXXXXXXX

March 13, 1995

Dear Sirs:

Re: Stock Options exercised by Non-Residents

10 March 1995 External T.I. 9506415 - CAPITAL GAINS - CANADA-AUSTRALIA TREATY (HAA-4093-A3-100)

Unedited CRA Tags
ART 21
Summary Under
Tax Topics - Treaties - Income Tax Conventions - Article 22

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.

		950641
XXXXXXXXXX	T.B. Kuss

Attention: XXXXXXXXXX

March 10, 1995

Dear Sirs:

Re: Article 21 of the Canada-Australia Income Tax Convention

9 March 1995 External T.I. 9430255 - BUTTERFLY REORG - CAPITAL GAINS ELECTION

Unedited CRA Tags
110.6(7) 110.6(19)
Summary Under
Tax Topics - Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(7)

Principal Issues:

8 March 1995 External T.I. 9505175 - QUALIFIED FARM PROPERTY

Unedited CRA Tags
31 110.6(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.

			950517
XXXXXXXXXX		A.M. Brake

Attention: XXXXXXXXXX

March 8, 1995

Dear Sirs:

Re: Qualified Farm Property

7 March 1995 External T.I. 9500305 - PRINCIPAL RESIDENCE AND CAPITAL GAINS

Unedited CRA Tags
69(1) 54 110.6
Summary Under
Tax Topics - Income Tax Act - Section 54 - Principal Residence

Principal Issues:

Prior to marriage, father owned and lived in residence with adult son. After marriage, he moved in with new spouse and son continued to live rent-free in the residence. What are the capital gains repurcussions. Property transferred to son in 1994.

7 March 1995 External T.I. 9428355 - ACTIVE SHAREHOLDER BONUSES

Unedited CRA Tags
18(1)(a) 67
Summary Under
Tax Topics - Income Tax Act - Section 67

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.

		942835
XXXXXXXXXX	A.M. Brake

Attention: XXXXXXXXXX

March 7, 1995

Dear Sirs:

Re: Reasonableness of Bonuses to Active Shareholders

3 March 1995 External T.I. 9431185 - SOFTWARE TO ADMINISTER A HEALTH SPENDING ACCOUNT

Unedited CRA Tags
6(1)(a)

Principal Issues:

3 March 1995 External T.I. 9501275 - CAPITAL GAINS EXEMPTION - NON-PAYMENT OF DIVIDENDS

Unedited CRA Tags
110.6(8) 110.6(9)

Principal Issues:
Amount of capital gain attributable to non-payment of dividends under subsection 110.6(8) of the Act.

28 February 1995 External T.I. 9421715 - COMMUNICATIONS AND BRANCH TAX

Unedited CRA Tags
219(2)(b)(ii)
Summary Under
Tax Topics - Income Tax Act - Section 219 - Subsection 219(2)

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.

		942171
XXXXXXXXXX		S. Leung

Attention: XXXXXXXXXX

February 28, 1995

Dear Sirs:

Re: Subparagraph 219(2)(b)(ii) of the Income Tax Act (the "Act")

24 February 1995 External T.I. 9426045 - WAGE LOSS REPLACEMENT PLANS

Unedited CRA Tags
6(1)(f)

Principal Issues:

22 February 1995 External T.I. 9502635 - INTEREST DEDUCTIBILITY ON LOSS OF SOURCE

Unedited CRA Tags
20.1 20(1)(c)

Principal Issues:

20 February 1995 External T.I. 9501075 F - NOUV. CALEDONIE FAIT ELLE PARTIE DE LA FRANCE AUX FINS..

Unedited CRA Tags
XXVIII CONV CANADA FRANCE

Principales Questions:

la nouvelle caledonie fait elle partie de la france au fins de la conv fiscale canada france

Position Adoptée:

17 February 1995 External T.I. 9500935 - DEBT FOREGIVENESS

Unedited CRA Tags
69(1)(a) 80

Principal Issues:

15 February 1995 External T.I. 9414105 - DISPOSITION OF AN INSURANCE POLICY

Unedited CRA Tags
148(4) 148(10)

Principal Issues:

15 February 1995 External T.I. 9433865 - DISPOSITION OF LIFE INSURANCE POLICY ON DEATH

Unedited CRA Tags
148(7) 148(8) 148(2)(b) 12.2(11)
Summary Under
Tax Topics - Income Tax Act - Section 148 - Subsection 148(8)

Principal Issues:Does subsection 148(8) apply where, on the death of the policyholder, the policy is transferred to the policyholder's child under the will.

13 February 1995 External T.I. 9432345 - CAPITAL GAINS ELECTION

Unedited CRA Tags
110.6(19)

Principal Issues:

31 January 1995 External T.I. 9425695 - VENTURE CAPITAL CORPORATION

Unedited CRA Tags
131(8) 39(5)
Summary Under
Tax Topics - Income Tax Act - Section 39 - Subsection 39(5)

Principal Issues:

1995 External T.I. 9422575 F - CHOIX TARDIF

Unedited CRA Tags
85(7)

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 15

Signature d'un choix tardif

9 December 1994 External T.I. 9417605 F - AVANT. IMPOS. AJOUT OU AMELIOR. AU BATIMENT DE L'ACTION.

Unedited CRA Tags
15(1)

Principales Questions:
dans le cas d'un bail annuel et verba, y a t-il fin de l'utilisation au fins de calcule l'avantage imposable en raison d'amélioration ou d'ajout au batiment de l'actionnaire.

Position Adoptée:
en presence d'un bail annuel le montant de l'avantage correspond à la juste valeur marchande des ameliorations

8 December 1994 External T.I. 9422085

Unedited CRA Tags
20.1 20(3)
Summary Under
Tax Topics - Income Tax Act - Section 20.1 - Subsection 20.1(1)

Principal Issues:

28 September 1994 External T.I. 9414885 - PERSONAL USE KM-STANDBY CHARGE CALC

Unedited CRA Tags
6(1)(E)

Principal Issues:

Conference

7 October 1994 APFF Roundtable Q. 2, 5M08340 - APFF 1994

Unedited CRA Tags
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.

ROUND TABLE ON FEDERAL TAXATION
ASSOCIATION DE PLANIFICATION FISCALE ET FINANCIÈRE - 1994 ANNUAL MEETING

QUESTIONS AND ANSWERS
CONTENTS

Technical Interpretation - Internal

14 March 1995 Internal T.I. 9428867 - WORKERS COMP -TAXABILITY

Unedited CRA Tags
56(1)(v) 110(1)(f)(ii)

Principal Issues:

10 March 1995 Internal T.I. 9501456 - 115(1)(E) (HAA 6815-4)

Unedited CRA Tags
115(1)(e) 115(1)(a)
Summary Under
Tax Topics - Income Tax Act - Section 115 - Subsection 115(1) - Paragraph 115(1)(e)

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.

			March 10, 1995
	International Taxation Office	Foreign Section
P. Schryburt, Assistant Director	S. Leung
	Enquiries and Adjustments	957-2115
	Attention: G. Rowland
		950145

Paragraph 115(1)(e) of the Income Tax Act (the "Act")

25 January 1995 Internal T.I. 9423646 - NORTHERN RESIDENTS DEDUCTION

Unedited CRA Tags
110.7

Principal Issues:

15 December 1994 Internal T.I. 9430166 - DEFINITION OF MONEY PURCHASE PROVISION

Unedited CRA Tags
147.1 147.3

Principal Issues: