Words and Phrases - "of"
9 December 2016 External T.I. 2016-0639481E5 - Specified foreign property-jointly held property
Summary Under
Tax Topics - General Concepts - Ownership"property of" a taxpayer applies to a beneficial (or legal?) co-owner who made no financial contribution
Does a taxpayer with a joint interest in specified foreign property but who did not contribute to its acquisition, e.g., a child who was added as...
Words and Phrases
ofLocations of other summaries | Wordcount | |
---|---|---|
Tax Topics - Income Tax Act - Section 233.3 - Subsection 233.3(1) - Specified Foreign Property | co-owners of specified foreign property have T1135 reporting obligations even if they did not contribute to its acquisition | 267 |