Applicable rate of part XIII tax on amounts paid or credited to persons in countries with which Canada has a tax convention Application This circular replaces Information Circular 76‑12R5 dated November 26, 2001. The information in this circular relates to existing legislation and to conventions that are in force or that are signed but not […]
Series 3: Property, Investments and Savings Plans Folio 3: Capital Transactions Chapter 1: Replacement Property Summary Subsections 13(4) and 44(1) permit a taxpayer to elect to defer the recognition of recapture (income) of capital cost allowance (CCA) or capital gains where a property was involuntarily disposed of, or a former business property was voluntarily disposed
NO: IT-359R2 DATE: December 20, 1983 SUBJECT: INCOME TAX ACT Premiums and Other Amounts With Respect to Leases REFERENCE: Subsection 9(1) (also section 43, subsection 39(1), and paragraphs 18(1)(q), 20(1)(z) and z.1)) This bulletin replaces and cancels Interpretation Bulletin IT-359R dated July 30, 1982. Current revisions are designated by vertical lines. Amounts Received Landlord or Tenant
IT359R2 – Premiums and Other Amounts with Respect to Leases Read More »
Is this guide for you? If you are an employee and your employer requires you to pay expenses to earn your employment income, you can use this guide. It will help you calculate the expenses you can deduct. It also gives you all the information you need to claim the employee goods and services tax/harmonized sales tax
T4044 Employment Expenses 2018 – Includes forms T777, TL2, T2200, and GST370 Read More »
Is this guide for you? The most common income tax situations are explained in this guide. Use this guide to get information on capital gains or capital losses in 2018. You generally have a capital gain or loss whenever you sell, or are considered to have sold, capital property. The term “Capital property” is defined in
P113 – Gifts and Income Tax 2018 Is this pamphlet for you? Are you an individual planning to give money or other property to a registered charity or other qualified donee? Do you own land or a building, or have stocks or bonds that you would like to give to a registered charity or other
Support Payments Is this guide for you? This guide is for you if, under a court order or a written agreement, you are in either of the following situations: You made support payments. You received support payments. If you do not have a court order or written agreement, the payments are not subject to the
What is a mutual fund? A mutual fund is an arrangement under which shares or units are sold to raise capital. Investors purchase units if the mutual fund is a trust or purchase shares if the fund is a corporation. When you invest in a mutual fund, your money is pooled with the money of
What should you do first? You should provide us with the deceased’s date of death as soon as possible. You can call us at 1-800-959-8281, or complete the form and send it to your tax services office or tax centre. Arrangements must be made to stop payments and, if applicable, transfer them to a survivor, if any of the following
Canada Revenue Agency – What to Do Following a Death Read More »
Is this guide for you? If you own or operate a business in Canada, you need to know about the goods and services tax (GST) and the harmonized sales tax (HST). This guide provides general information such as how to collect, record, calculate, and remit the GST/HST. It also includes line-by-line instructions to help you complete your GST/HST
RC4022 General Information for GST/HST Registrants Read More »