NO.: IT-206R DATE: October 29, 1979 SUBJECT: INCOME TAX ACT Separate businesses REFERENCE: Section 3 (also sections 14 and 128, subsection 111(5); and Regulations 1101(1) and 2605) This bulletin replaces and cancels Interpretation Bulletin No. IT-206 dated April 14, 1975. Current revisions are designated by vertical lines. 1. The question of whether a taxpayer is conducting one business […]
NO: IT-481 (Consolidated) DATE: See Bulletin Revisions section SUBJECT: INCOME TAX ACT Timber Resource Property and Timber Limits REFERENCE: The definition of “timber resource property” in subsection 13(21) of the Income Tax Act (the “Act”); and subsection 1101(3), paragraph 1100(1)(e), Class 33 of Schedule II and Schedule VI of the Income Tax Regulations (the “Regulations”) (also the definition of “undepreciated capital cost”
IT481- Timber Resource Property and Timber Limits Read More »
NO: IT-274R DATE: April 9, 1990 SUBJECT: INCOME TAX ACT Rental Properties – Capital Cost of $50,000 or More REFERENCE: Subsection 1101(1ac) of the Regulations (also subsections 1100(11) and (14), 1101(1ad) and (5b) and 1103(1) of the Regulations) Application This bulletin replaces and cancels Interpretation Bulletin IT-274 dated December 22, 1975. Current revisions are designated by
Rental Properties – Capital Cost of $50,000 or More Read More »
NO.: IT-267R2 DATE: February 28, 1995 SUBJECT: INCOME TAX ACT Capital Cost Allowance — Vessels REFERENCE: Paragraph 20(1)(a) (also subsections 13(1), 13(4), 13(14), 13(16) and 13(17) and the definitions of “conversion,” “conversion cost” and “vessel” in subsection 13(21)) of the Income Tax Act and subsections 1100(16), 1101(2a), 1101(2b), 1102(14), 1102(14.1) and 1102(20), paragraphs 1100(1)(v) and 1100(1)(va), and classes 7
NO: IT-218R DATE: September 16, 1986 SUBJECT: INCOME TAX ACT Profit, Capital Gains and Losses from the Sale of Real Estate, Including Farmland and Inherited Land and Conversion of Real Estate from Capital Property to Inventory and Vice Versa REFERENCE: Section 9 (also subsections 13(7), 45(1) and 248(1), paragraphs 13(21)(c), 54(a), (c), (f) and (g), subparagraph
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
IT195R4- Rental Property – Capital Cost Allowance Restrictions Read More »
NO: IT-274R DATE: April 9, 1990 SUBJECT: INCOME TAX ACT Rental Properties – Capital Cost of $50,000 or More REFERENCE: Subsection 1101(1ac) of the Regulations (also subsections 1100(11) and (14), 1101(1ad) and (5b) and 1103(1) of the Regulations) Application This bulletin replaces and cancels Interpretation Bulletin IT-274 dated December 22, 1975. Current revisions are designated by
IT274R- Rental properties – Capital cost of $50,000 or more Read More »