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Manu Kakkar, "Section 56.4 Restricted Covenant Trap", Tax for the Owner-Manager, Volume 13, Number 4, October 2013, p. 4:
3 August 1999 External T.I. 9909975 - Tax Interpretations
As regards subsection 56(4), in general terms, this provision applies where a taxpayer transfers or assigns a right to an amount to a person with whom the taxpayer does not deal at arm’s …
20 July 2009 External T.I. 2009-0317041E5 - Tax Interpretations
Subsection 56(4.1) of the Act is intended to prevent taxpayers from avoiding tax through loans to non-arm's length individuals. Under this subsection, income from property that is diverted by a …
16 June 2014 STEP Roundtable, 2014-0522961C6 - STEP CRA …
16 June 2014 STEP Roundtable, 2014-0522961C6 - STEP CRA Roundtable - June 2014
CRA considers a NAL transfer of lands, but with rights to rents …
CRA went on to find that s. 56(4) would apply to include the rents in the income of the corporation - and then quoted its statement in IT-440R, para. 10 that: where the transfer or assignment of …
10 July 2013 Internal T.I. 2013-0475501I7 F - Tax Interpretations
Par conséquent, le paragraphe 56(4) ne s'applique pas. Si vous désirez des renseignements supplémentaires concernant le contenu du présent document, n'hésitez pas à communiquer …
11 March 2014 Internal T.I. 2013-0513221I7 F - Stock options
Le paragraphe 56(4) s'appliquerait donc dans la mesure où il serait possible de démontrer que Société a transféré ou cédé (« assigned » en anglais) à une personne avec laquelle elle a un …
28 October 2016 External T.I. 2016-0654331E5 F - Tax Interpretations
Vous désirez savoir notre opinion quant à l’application des paragraphes 9(1), 15(1), 56(2) et 56(4) et de l’alinéa 18(1)a) dans la situation donnée pour A et pour Société A. Vous désirez …
We have translated 6 more CRA Interpretations
Income Tax Act - Section 56 - Subsection 56(4) s. 56(4) generally will apply where royalty is transferred without assignment of copyright, with exception of SOCAN royalty: Income Tax Act …
Income Tax Severed Letters - 2022-12-14 | Tax Interpretations
2022年12月14日 · Principal Issues: Whether COVID-19 tests for travellers entering Canada satisfy the condition in paragraph 118.2(2)(o) of being prescribed by a medical practitioner, …