54(c)

IT102R2 – Conversion of property, other than real property, from or to inventory

NO: IT-102R2 DATE : July 22, 1985 SUBJECT : INCOME TAX ACT Conversion of Property, Other than Real Property, from or to Inventory Section 9 (also section 45, subsections 13(7) and 248(1), and paragraphs 13(21)(c) and 54(a), (b) and (c)) The comments in this bulletin apply for taxation years commencing after its issue date. IT-102R will […]

IT102R2 – Conversion of property, other than real property, from or to inventory Read More »

IT460- Dispositions – Absence of consideration

NO: IT-460 DATE: October 6, 1980 SUBJECT: INCOME TAX ACT Dispositions – Absence of Consideration REFERENCE: Paragraphs 13(21)(c) and 54(c) (also paragraphs 13(21)(d) and 54(h)) 1. A disposition can generally be regarded as an event or transaction where possession, control and all other aspects of property ownership are relinquished. Although there is usually a corresponding acquisition

IT460- Dispositions – Absence of consideration Read More »

IT170R – Sale of property – When included in income computation

NO: IT-170R DATE: August 25, 1980 SUBJECT: INCOME TAX ACT Sale of Property — When Included in Income Computation REFERENCE: Paragraphs 12(1)(b), 13(21)(c) and subparagraph 54(c)(i) (also section 79 and subparagraphs 13(21)(d)(i), 54(c)(v) and 54(h)(i)) General ¶ 1. The comments contained in this bulletin are specifically directed to transactions that are sales of property and do not necessarily have application in other situations. The comments are inapplicable

IT170R – Sale of property – When included in income computation Read More »

IT218R- Profits, 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

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

IT218R- Profits, 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 Read More »

IT146R4- Shares Entitling Shareholders to Choose Taxable or Capital Dividends

NO: IT-146R4 DATE: September 6, 1991 SUBJECT: INCOME TAX ACT Shares Entitling Shareholders to Choose Taxable or Capital Dividends REFERENCE: Paragraph 54(c) (also sections 51, 83 and 86, subsection 84(3) and paragraph 89(1)(j)) Application This bulletin replaces and cancels Interpretation Bulletin IT-146R3 dated August 25, 1980. Current revisions are designated by vertical lines. Summary This bulletin

IT146R4- Shares Entitling Shareholders to Choose Taxable or Capital Dividends Read More »

Scroll to Top
Scroll to Top