Next Section

Previous Section

 
 ALLOWANCE.............14
capital cost  allowance  is recaptured, or control of a corporation has changed. This raises the 140
The Act also provides that recapture of capital cost  allowance  must be included in a taxpayers 1172
in order to claim capital cost  allowance  on property in a class, the property must have been 1174
applied to capital cost  allowance : 1202
 allowance  recapture. 1208
proceedings. The taxpayer claimed capital cost  allowance , deductions for interest on the sale 1680
acquisition of property for purposes of a capital cost  allowance . (Emphasis added.)1772
recapture of capital cost  allowance  and capital gains under sections and respectively.2410
gain and recapture of capital cost  allowance . For the purchaser, whether a CCA can be claimed 2688
to claim capital cost  allowance . 3174
cost. Conversely, the buyer who claimed capital cost  allowance  while he was in possession of 3386
to decide together: legally, the right to claim a capital cost  allowance  must be withdrawn from 3492
claim any capital cost  allowance  because it did not own the property according to civil law.4342
REVENUE CANADA, Interpretation Bulletin IT-R, Capital Cost  Allowance  - 4500
 
 ALLOWANCES............1
These statutes generally contain such  allowances . The Saskatchewan Dependants Relief 1152
 
 ALLOWED...............10
of the condition should not be  allowed  to reverse. 556
acquisition of fruits is a fait accompli which the fulfilment of a condition should not be  allowed  656
guarantee that the price is paid. In all other respects, the buyer is  allowed  to enjoy the property 812
been acquired within the meaning of the Act, granted the appeal and  allowed  the deductions in 1692
accumulated by its employees during the year but not yet taken. This deduction was  allowed  2032
relating to the sale. As opposed to this, if the sale  allowed  him rather to deduct a terminal loss, 3140
buyer retains the income and pays the tax on this income, it is logical that he should be  allowed  3174
property is transferred to the buyer. He will not be  allowed  to claim a refund of any tax paid 3384
What happens if there is a capital or terminal loss? The seller should logically be  allowed  to 3390
In the reverse situation, a taxpayer should be  allowed  to file an amended return in order to claim 3472
 
 ALLOWS................3
movable has a right of resolution if the price is not paid. Article C.C.Q.  allows  the seller of 712
necessity for a judicial interpretation which  allows  for the implementation of this legislative intent.1768
the Civil Code, unless the parties provide otherwise. Thus, the civil law  allows  one to hold that a 2204
 
 ALLUDE................1
define the disposition of property for the purposes of Title IV of the Act, does not  allude  to the 3088
 
 ALTER.................6
Retroactivity cannot  alter  reality retroactively and will therefore not affect events, or 558
insure does not  alter  the legal effect of this obligation. On the completion of the sale the buyer 1546
 alter  legislative provisions when they are so interpreted that they do not meet the objectives 1784
Parliament. Pratte J. took the so-called factual stance: retroactivity cannot  alter  facts that 2506
retroactivity under the provincial law cannot  alter  the past nor affect third-party rights acquired 2558
to the vendor or adjusts the sale price does not  alter  the fact that the vendor was at a particular 2654
 
 ALTERATION............1
enjoyment, of destruction,  alteration  and alienation, and of maintaining and recovering 980
 
 ALTERED...............1
sale, but that reality cannot be  altered . The tax cases to date accept that there can a disposition 2090
 
 ALTERNATIVE...........1
So far as the  alternative  argument based on the retroactivity of the giving in payment in is 1978
 
 ALTOGETHER............2
If without the fault of the debtor, the thing have  altogether  perished or can no longer be 358
Court recognized that the definition of disposition in the I.T.A. is not  altogether  complete. It 3292
 
 AMBIGUOUS.............3
The wording of the answer is very  ambiguous : the Department talks about condition 2764
not afterwards. In fact, the admittedly  ambiguous  excerpt from Victory Hotels arguably 3300
Tax Act is sometimes  ambiguous  on the point. 3624
 
 AMBIVALENT............1
application of retroactivity in tax law: its  ambivalent  effects; the absence of provisions permitting 2102
 
 AMEND.................3
Parliament to  amend  the Act to remedy the problems. 1416
legal concept to apply across the country, it can and should expressly  amend  the Act.1794
conditional obligations will make it difficult to  amend  tax declarations filed in previous years in 2958
 
 AMENDED...............22
Bérou applies to the former version of subsection () I.T.A. (which was  amended  as of 3030
after February , . Before being  amended , section provided the following: 3112
an  amended  return to claim the refund of the income tax paid, even if the tax year in question is 3162
did not, in this case, allow for the financial statements to be  amended , and resubmitted to the 3238
claim a refund for the time-barred years. The limitation provisions of the Act could be  amended  3410
retroactivity. If this is the intent, the Act should be expressly  amended  to exclude provincial 3456
contract was signed. The taxpayer should declare the capital gain by filing an  amended  return 3468
In the reverse situation, a taxpayer should be allowed to file an  amended  return in order to claim 3472
 amended  to allow the Agency to reassess a particular year, even if it falls outside the normal 3474
would then be required to file an  amended  return seeking a refund of taxes paid on the capital 3506
earlier and would make it simpler to apply the Act by eliminating the need for  amended  tax 3592
Subsections () and .() I.T.A. should be  amended  to remove any reference to 3612
Income Tax Act, R.S.C. (), th Supp., v. , as  amended . 3638
Income Tax Regulations, C.R.C., , c. , as  amended . 3640
Excise Tax Act, R.S.C. , c. E-, as  amended . 3642
Regulation respecting the Taxation Act, R.R.Q., , c. I-, r. , as  amended . 3650
R.S.C. , th Supp., c. as  amended  hereinafter the Act or the ITA. 4002
()(a) The I.T.R. may be found at C.R.C. , c. , as  amended . 4274
R.R.Q., , c. I-, r. , as  amended  hereinafter Regulation. 4540
The first paragraph of section R was  amended  by O.C. -, s. ()() in 4544
R.S.C. , c. E-, as  amended  hereinafter E.T.A.. 4558
R.S.Q., c. T-., as  amended  hereinafter, A.Q.S.T.. 4560
 
 AMENDING..............1
system. The fact that the Minister was not a party to the  amending  agreement is completely 2580
 
 AMENDMENT.............2
This  amendment  does not appear to have made new law: new paragraph ()(f) is simply 1260
the French version only. The  amendment  has been in force since October , . 4546
 
 AMENDMENTS............13
.. Proposed  amendments  70
predominant effects is the cristallisation of a legal situation despite any subsequent  amendments  340
any potential  amendments  to the Income Tax Act subsequent to the signature of their contract.348
 amendments . She concludes that, given these difficulties and the factual nature of dispositions, 2104
I.T.A., but do not believe that the situation changed following the statutory  amendments . 3048
involved. The transaction is subject to any  amendments  that might be introduced pendente 3264
 amendments  we believe are necessary. 3462
retroactivity, from any statutory  amendments  that might be introduced before the condition is 3496
legislative  amendments  to the rules on the periods of reassessment also apply in this case.3508
.. Proposed  amendments  3564
We will attempt to suggest legislative  amendments  that strike a balance between the uniform 3564
its own rules, it must do so expressly. We proposed  amendments  to the legislation that would 3628
do so,  amendments  the purpose of which is to apply tax law uniformly throughout the country 3630
 
 AMENDS................1
law. In addition, it is significant that Parliament, which annually  amends  the Act inter alia to 1784
 
 AMERICAN..............1
bijuralism but rather because the British government, confronted with the imminent  American  3988
 
 AMORTISSEMENT.........1
GOULET, B.,  Amortissement  fiscal: vue densemble () Vol. , No. , Revue de 3836
 
 AMOUNTS...............6
accumulate. The Minister, for his part, argued that the additional  amounts , once determined, 1916
to a first contract, signed a second one that modified the nature of the  amounts  received. The 1998
must be examined in order to determine whether the  amounts  in question are receivable, that is 2394
to say, if the taxpayer had a clear right to the  amounts . Thus, if the contract contains a condition 2396
person's failure to pay all or part of one or more specified  amounts  of a debt owed by the 3110
to allow the Agency to reassess and claim any  amounts  due in such instances. Moreover, the 3410
 
 AMÉDÉE................1
 Amédée  LELOUTRE, Étude sur la rétroactivité de la condition, () R.T.D. civ. 4132

Next Section

Top of Section