Date: 20190110 Citation: 2019 FCA 7 CORAM: GAUTHIER J.A. STRATAS J.A. NEAR J.A. BETWEEN: LUIS REYES Appellant And HER MAJESTY THE QUEEN Respondent Hearing held by videoconference Between Ottawa, Ontario and Calgary, Alberta on January 8, 2019. Judgment delivered at Ottawa, Ontario, on January 10, 2019. REASONS FOR JUDGMENT BY: GAUTHIER J.A. CONCURRED IN BY: STRATAS J.A. NEAR […]
Income Tax Folio S1-F2-C1, Qualifying Student and the Education and Textbook Tax Credits Series 1: Individuals Folio 2: Students Chapter 1: Qualifying Student and the Education and Textbook Tax Credits Summary Beginning with the 2017 tax year, the education and textbook tax credits have been eliminated and will no longer be available for a student
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Income Tax Folio S1-F3-C1, Child Care Expense Deduction Series 1: Individuals Folio 3: Family Unit Issues Chapter 1: Child Care Expense Deduction Summary The purpose of the legislative provisions regarding child care expenses is to provide some relief for taxpayers who incur child care expenses in order to work, carry on a business or undertake certain educational
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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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NO.: IT-202R2 DATE: September 19, 1985 SUBJECT: INCOME TAX ACT Employees’ or workers’ compensation REFERENCE: Paragraph 56(1)(v) and subparagraph 110(1)(f)(ii) (also subsection 5(1)) This bulletin cancels and replaces IT-202R dated July 14, 1980 and IT-202R Special Release dated December 29, 1980 1. In this bulletin (a) “compensation board” includes any employees’ or workers’ compensation board or commission in any
Income Tax Folio S1-F2-C3, Scholarships, Research Grants and Other Education Assistance Series 1: Individuals Folio 2: Students Chapter 3: Scholarships, Research Grants and Other Education Assistance Summary This Chapter discusses the taxation of scholarships, fellowships, bursaries, prizes, research grants, certain government financial assistance for education and training, forgivable loans and repayable awards. Paragraph 56(1)(n) generally includes
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Income Tax Folio S1-F2-C2, Tuition Tax Credit Series 1: Individuals Folio 2: Students Chapter 2: Tuition Tax Credit Summary When calculating Part I tax payable, a student may be able to claim the non‑refundable tuition tax credit. The purpose of the tuition tax credit is to allow students to reduce their income taxes by taking
Income Tax Folio S1-F3-C4, Moving Expenses Series 1: Individuals Folio 3: Family Unit Issues Chapter 4: Moving Expenses Summary This Chapter explains the moving expense deduction. In computing income, employees, self-employed individuals and students may deduct certain moving expenses they paid for an eligible relocation. The Chapter specifies the expenses that are eligible as moving
Income Tax Folio S2-F1-C2, Retiring Allowances Series 2: Employers and Employees Folio 1: Specific Plans Offered by Employers to Employees Chapter 2: Retiring Allowances Summary This Chapter discusses the taxation of retiring allowances. A retiring allowance is an amount received on or after the retirement of an employee in recognition of long service or in respect of a loss of
Income Tax Folio S1-F1-C3, Disability Supports Deduction Series 1: Individuals Folio 1: Health & Medical Chapter 3: Disability Supports Deduction Summary The disability supports deduction (commonly referred to as the attendant care deduction for tax years prior to 2004), provides tax relief for individual taxpayers who have paid for certain medical expenses to enable them
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