NO: IT-364 DATE: March 14, 1977 SUBJECT: INCOME TAX ACT Commencement of Business Operations REFERENCE: Paragraph 18(1)(a) (also paragraphs 18(1)(b) and 14(5)(b)) 1. For an amount to be deducted on the grounds that it was an expense incurred for the purpose of gaining or producing income from a business, the taxpayer must have been carrying on […]
NO.: IT-99R5 (Consolidated) DATE: See Bulletin Revisions section SUBJECT: INCOME TAX ACT Legal and Accounting Fees REFERENCE: Paragraph 18(1)(a) (also sections 9 and 239; subsections 13(12), 20(9), and 40(1); paragraphs 6(1)(f), 6(1)(j), 8(1)(b) and (c), 20(1)(b), (e) and (cc), 56(1)(b), (l) and ( l.1), 60(o) and (o.1) and the definitions of “cumulative eligible capital” and “eligible capital expenditure” in subsection
NO: IT-365R2 DATE: May 8, 1987 SUBJECT: INCOME TAX ACT Damages, Settlements and Similar Receipts REFERENCE: Section 3 (also section 6, subsections 5(1), 12.2(1) and (3), 14(1), 16(1), 56(1), and 248(1), paragraphs 81(1)(g.1) and (g.2) and subparagraphs 14(5)(a)(iv) and 56(1)(a)(ii)). This bulletin replaces and cancels IT-365R dated March 9, 1981 and the Special Release to IT-365R
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NO: IT-273R2 DATE: September 13, 2000 SUBJECT: INCOME TAX ACT Government Assistance — General Comments REFERENCE: Section 9, subsection 13(7.1), paragraphs 12(1)(x) and 53(2)(k) (also sections 66, 66.1, 66.2, 66.4 and 126; subsections 12(2.1), 12(2.2), 13(7.4), 13(21), 14(10), 14(11), 53(2.1), 127(9) and 248(16); paragraphs 12(1)(t), 20(1)(hh), 20(1)(hh.1), 40(2)(i), 53(2)(s) and 56(1)(s) of the Income Tax Act; and sections 6700,
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NO: IT-123R6 DATE: June 1, 1997 SUBJECT: INCOME TAX ACT Transactions Involving Eligible Capital Property REFERENCE: Section 14 (also sections 102 and 110.6; the definition of “eligible capital property” in section 54; subsections 20(4.2), 24(1), 39.1(5), 96(1), 104(21) and 104(21.2); the definition of “capital dividend account” in subsection 89(1), the definition of “exempt capital gains balance” in subsection 39.1(1) and the definitions
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NO: IT-187 DATE: November 12, 1974 SUBJECT: INCOME TAX ACT Customer Lists and Ledger Accounts REFERENCE: Paragraph 18(1)(b) (also paragraphs 20(1)(a) and 14(5)(b)) This bulletin replaces and cancels Interpretation Bulletin IT-33 dated September 17, 1971. 1. A taxpayer who acquires lists or ledger accounts of clients, customers or subscribers must determine whether the cost of acquisition
NO: IT-195R4 DATE: September 6, 1991 SUBJECT: INCOME TAX ACT Rental Property – Capital Cost Allowance Restrictions REFERENCE: Subsections 1100(11) through (14.2) of the Income Tax Regulations (also subsections 1100(15), 1100(17), 1101(1ae) and 1102(5) of the Regulations, classes 1, 3, 6, 13, 31 and 32 of Schedule II of the Regulations and subsection 20(16) and paragraph
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NO: IT-143R3 DATE: August 29, 2002 SUBJECT: INCOME TAX ACT Meaning of Eligible Capital Expenditure REFERENCE: The definition of “eligible capital expenditure” in subsection 14(5) (also sections 68 and 69, the definition of “eligible capital property” in section 54, the definition of “cumulative eligible capital” in subsection 14(5), and paragraphs 13(7.5)(b), (c) and (d) of the Income