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IT87R2- Policyholders’ Income from Life Insurance Policies.

NO.: IT-87R2 DATE: February 15, 1996 SUBJECT: INCOME TAX ACT Policyholders Income from Life Insurance Policies REFERENCE: Section 12.2 (also subsections 12(3), 20(20), and 148(1), (2), (4), (8), (8.1) and (8.2), and the definitions of “life insurance policy” in subsection 138(12), and “adjusted cost basis” and “disposition” in subsection 148(9); and paragraphs 56(1)(d.1) and (j) of the […]

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IT149R4- Winding-up Dividend

NO: IT149R4 DATE: June 28, 1991 SUBJECT: INCOME TAX ACT Winding-up Dividend REFERENCE: Subsection 88(2) (also subsections 83(2), 84(2), 133(7.1), paragraph 148(9)(a) and subparagraphs 54(h)(ix), 89(1)(b)(iv) and (v)) Application This bulletin replaces and cancels Interpretation Bulletin IT-149R3 dated July 22, 1985. Current revisions are designated by vertical lines. Summary This bulletin discusses the “winding-up dividend” that

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IT210R2- Income of Deceased Persons – Periodic Payments and Investment Tax Credit

NO: IT-210R2 DATE: November 22, 1996 SUBJECT: INCOME TAX ACT Income of Deceased Persons — Periodic Payments and Investment Tax Credit REFERENCE: Subsection 70(1) (also subsections 70(2) and (3); and paragraphs 12(1)(t) and 148(2)(b) of the Income Tax Act) Application This bulletin cancels and replaces Interpretation Bulletin IT-210R, Income of Deceased Persons — Periodic Payments, dated November 5, 1982. Summary The purpose

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IT244R3- Gifts by Individuals of Life Insurance Policies as Charitable Donations

NO: IT-244R3 DATE: September 6, 1991 SUBJECT: INCOME TAX ACT Gifts by Individuals of Life Insurance Policies as Charitable Donation REFERENCE: Section 118.1 (also subsections 148(1) and 248(5), paragraph 149.1(2)(b), subparagraph 149.1(12)(b)(i) and clause 149.1(1)(e)(i)(B)) Application This bulletin cancels and replaces Interpretation Bulletin IT-244R2 dated March 3, 1986. Current revisions are designated by vertical lines. Summary

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