CRA Interpretations

List Of CRA Interpretations

21-2 Residential Care Services

Residential Care Services GST/HST Memorandum 21-2 January 2019 This memorandum explains the GST/HST exemption for supplies of residential care services under section 2 of Part IV of Schedule V. All legislative references in this publication are to the Excise Tax Act unless otherwise specified. The information in this publication does not replace the law found in the Act

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21-3 Respite Care Services

Respite Care Services GST/HST Memorandum 21-3 January 2019 This memorandum explains the GST/HST exemption for supplies of respite care services under section 3 of Part IV of Schedule V. All legislative references in this publication are to the Excise Tax Act unless otherwise specified. The information in this publication does not replace the law found in the Act and its

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5001-PC Information for Residents of Newfoundland and Labrador

What’s new for Newfoundland and Labrador for 2018? The personal income levels used to calculate your Newfoundland and Labrador tax have changed. The amounts for most provincial non-refundable tax credits and the Newfoundland and Labrador low-income tax reduction have changed. Newfoundland and Labrador benefits for individuals and families Newfoundland and Labrador income supplement This supplement is a non-taxable amount paid to

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5002-PC Information for Residents of Prince Edward Island

What’s new for Prince Edward Island in 2018? The basic personal amount has changed. The spouse or common-law partner amount and the amount for an eligible dependant have changed. The rate used to calculate the dividend tax credit for other than eligible dividends has decreased to 2.9%. Prince Edward Island benefits for individuals and families Prince Edward Island sales tax credit

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5003-PC Information for Residents of Nova Scotia

What’s new for Nova Scotia for 2018? The age amount, the basic personal amount, the spouse or common-law partner amount, and the amount for an eligible dependant have increased for individuals with a taxable income of $25,000 or less. The increase is phased out for taxable income between $25,000 and $75,000. The rate used to calculate the dividend tax credit for other

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5004-PC Information for Residents of New Brunswick

What’s new for New Brunswick for 2018? The personal income levels used to calculate your New Brunswick tax have changed. The amounts for most provincial non-refundable tax credits and the New Brunswick low-income tax reduction have also changed. New Brunswick residents may be eligible to claim the new federal refundable credit for the climate action incentive. For more

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5005-PC Information for Residents of Quebec

Information for residents of Quebec 5005-PC Rev.18 Our publications and personalized correspondence are available in braille, large print, e-text, or MP3 for those who have a visual impairment. For more information, go to Order an alternate format or call 1-800-959-8281. Completing your forms All the forms you need to calculate your federal tax are included in the Quebec – Income

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5006-PC Information for Residents of Ontario

What’s new for Ontario for 2018? The personal income levels and most provincial non-refundable tax credit amounts have increased according to the Ontario consumer price index. The Ontario tuition and education tax credits have been discontinued. Students can continue to carry forward unused amounts to claim in a future year. Ontario residents may be eligible

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5007-PC Information for Residents of Manitoba

What’s new for Manitoba for 2018? The personal income levels used to calculate your Manitoba tax and the basic personal amount have increased. The primary caregiver tax credit and the small business venture capital tax credit have changed. The maximum eligible contribution to the political contribution tax credit has increased. Manitoba residents may be eligible to claim the new federal refundable credit for

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5008-PC Information for Residents of Saskatchewan

What’s new for Saskatchewan for 2018? The personal income tax rates have been reduced for all taxable income levels. The charitable donations rate, tax on split income rate, and excess EPSP rate have all been reduced. The dividend tax credit rates for eligible and other than eligible dividends have changed. The labour-sponsored venture capital tax credit rate has changed. The maximum credit that can be claimed by

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5009-PC Information for Residents of Alberta

What’s new for Alberta for 2018? The personal income levels used to calculate your Alberta tax have changed. The amounts for most non-refundable tax credits have changed. Alberta benefits for individuals and families Alberta climate leadership adjustment rebate This rebate is a non-taxable amount paid quarterly to low and middle-income individuals and families. It is

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5010-PC Information for Residents of British Columbia

What’s new for British Columbia for 2018? The personal income levels and most of the non-refundable tax credits used to calculate your British Columbia income tax have changed. The former amount for infirm dependants age 18 or older and caregiver amount have been replaced by the new British Columbia caregiver amount. The British Columbia mining flow-through share tax credit has been extended until

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5011-PC Information for Residents of Yukon

What’s new for Yukon for 2018? The personal income levels used to calculate your Yukon tax have changed. The amounts for most territorial non-refundable tax credits have changed. The public transit amount has been eliminated. Yukon benefits for individuals and families Yukon child benefit This benefit is a non-taxable amount paid monthly to help low- and modest-income

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5012-PC Information for Residents of the Northwest Territories

What’s new for the Northwest Territories for 2018? The personal income levels used to calculate your Northwest Territories tax have changed. The amounts for most territorial non-refundable tax credits have changed. Benefits for individuals and families of the Northwest Territories Northwest Territories child benefit This benefit is a non-taxable amount paid monthly to provide additional

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5014-PC Information for Residents of Nunavut

What’s new for Nunavut for 2018? The personal income levels used to calculate your Nunavut tax have changed. The amounts of most territorial non-refundable tax credits have changed. Nunavut benefits for individuals and families Nunavut child benefit The Nunavut child benefit (NUCB) is a non-taxable amount paid monthly to qualifying families with children under 18

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Canada Revenue Agency – What to Do Following a Death

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

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Capital Gains – 2018

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

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Contact Information – Excise Duties, Excise Taxes, Fuel Charge and Air Travellers Security Charge

Excise duties (wine, spirits, beer and tobacco products) and fuel charge Contact your regional excise office below to apply for an excise duty licence for wine, spirits, beer or tobacco products make general or technical enquiries related to the excise duties on wine, spirits, beer and tobacco products   make technical enquiries on the application of the fuel charge under the Greenhouse Gas Pollution Pricing Act Atlantic Region Excise Duties and Taxes Post Office Box 638 Halifax NS  B3J 2T5 Phone: 1-888-327-7999

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Convertible Debt

Convertible Debt Subsection 214(7) applies to deem interest to be paid by a person resident in Canada to a non-resident person where a non-resident person assigns or otherwise transfers to a person resident in Canada a debt obligation issued by a person resident in Canada. The amount deemed to be interest is equal to the

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Corporation Residency – Continued corporations

Residency of a corporation What is a Canadian corporation? Section 89 of the ITA defines a Canadian corporation as one that is resident in Canada and was: incorporated in Canada; or resident in Canada from June 18, 1971, to the present A corporation formed by a corporate reorganization is a Canadian corporation due to incorporation in Canada

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