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-91R4 DATE: June 17, 1996 SUBJECT: INCOME TAX ACT Employment at Special Work Sites or Remote Work Locations REFERENCE: Subsection 6(6) (also subsections 6(1), 110.7(1), (2) (4), and the definition of “self-contained domestic establishment” in subsection 248(1); and paragraph 250(1)(a) of the Income Tax Act; and section 7303.1 of the Income Tax Regulations) Application This bulletin
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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-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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Income Tax Folio S2-F1-C1, Health and Welfare Trusts Series 2: Employers and Employees Folio 1: Specific Plans Offered by Employers to Employees Chapter 1: Health and Welfare Trusts Summary The purpose of this Chapter is to explain the position of the Canada Revenue Agency (CRA) concerning the taxation of certain employee health and welfare benefit programs
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Income Tax Folio S3-F9-C1, Lottery Winnings, Miscellaneous Receipts, and Income (and Losses) from Crime Series 3: Property, Investments and Savings Plans Folio 9: Miscellaneous Payments/Receipts Chapter 1: Lottery Winnings, Miscellaneous Receipts, and Income (and Losses) from Crime Summary This Chapter discusses the tax treatment of various receipts, such as strike pay, gambling winnings, and forfeited
Income Tax Folio S2-F3-C1, Payments from Employer to Employee Series 2: Employers and Employees Folio 3: Employment Benefits Chapter 1: Payments from Employer to Employee Summary This Chapter discusses the federal income tax treatment of certain payments to individuals such as inducement payments, and non-competition payments made to departing employees. The Chapter also discusses amounts receivable by
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NO.: IT-529 DATE: February 20, 1998 SUBJECT: INCOME TAX ACT Flexible Employee Benefit Programs REFERENCE: Paragraph 6(1)(a) (also subsections 6(3), 6(4), 15(1); the definitions of “salary deferral arrangement,” “retirement compensation arrangement,” “group term life insurance policy” and “private health services plan” in subsection 248(1); paragraphs 6(1)(f), 6(1)(g), 6(1)(h), 6(1)(i), subparagraphs 56(1)(a)(i) and (iii)) Application This bulletin discusses various tax consequences that may
IT-63R5 DATE: AUGUST 21, 1995 SUBJECT: INCOME TAX ACT Benefits, Including Standby Charge for an Automobile, from the Personal Use of a Motor Vehicle Supplied by an Employer – after 1992 REFERENCE: Paragraphs 6(1)(a), (e), (e.1), (k) and (l) and subsections 6(1.1), (2), (2.1), and (7) (also subsections 15(1), (1.3), (1.4), (5) and (7) and