NO.: IT-115r2 DATE: February 20, 1995 SUBJECT: INCOME TAX ACT Fractional Interest in Shares REFERENCE: Subsection 51(1) (also section 47 and subsections 51(2) and (4) of the Income Tax Act and subsection 26(8) of the Income Tax Application Rules (ITAR)) Application This bulletin cancels and replaces Interpretation Bulletin IT-115R dated September 15, 1975. Summary Section 51 sets out the rules concerning convertible property. Subsection 51(1) […]
NO.: IT-268R3 DATE: February 13, 1987 SUBJECT: INCOME TAX ACT Inter Vivos Transfer of Farm Property to Child REFERENCE: Subsections 73(3) and 73(4) (also sections 69, 75, 75.1, 80 and 110.6, subsections 40(1), 40(1.1), 70(9.6), 70(9.8), 70(10), 73(5), 100(2), 146(5.3), 146(5.4), 146(5.5), 248(1) and 252(1) and paragraphs 40(2)(b), 40(2)(c) and 54(g) of the Income Tax Act; subsections 20(1), 21(1), 21(2), 26(3), 26(5) and 26(19) of the Income Tax Application
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IT INCOME TAX ACT Inter-Vivos Gifts of Capital Property to Individuals Directly or Through Trusts IT-209R May 18, 1983 Section 69 (also subsections 73(1) and (2), paragraphs 107(2)(a), (b) and (d) of the Act; and subsections 20(1), (1.1) and (1.2) and 26(3), (4) and (5) of the Income Tax Application Rules, 1971 (ITAR)) This bulletin
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NO.: IT-432R2 DATE: February 10, 1995 SUBJECT: INCOME TAX ACT Benefits Conferred on Shareholders REFERENCE: Subsection 15(1) (also sections 84 and 246; subsections 15(1.1) to 15(1.4), 15(7), 52(1), 52(1.1), 56(2) and 248(1) definitions of “property”, “corporation”, “shareholder” and “specified shareholder”; paragraphs 6(1)(a), 69(1)(b), 82(1)(a) and 214(3)(a); and subparagraph 129(1)(a)(i) of the Income Tax Act; and