Explanatory Notes Relating to the Income Tax Act and Regulations


Book Description

"These explanatory notes describe proposed ammendments to the Income Tax Act and the Income Tax Regulations. These explanatory notes describe these proposed amendments, clause by clause, for the assistance of Members of Parliament, tax payers and their professional advisors."--Preface.







Explanatory Notes Relating to the Income Tax Act, the Excise Tax Act and Related Acts and Regulations


Book Description

"These explanatory notes describe proposed amendments to the Income Tax Act, the Excise Tax Act and related acts and regulations. These explanatory notes describe these proposed amendments, clause by clause, for the assistance of Members of Parliament, taxpayers and their professional advisors."--Preface.







Revised Explanatory Notes Relating to Income Tax


Book Description

Provides revised explanations of provisions of proposed federal income tax legislation with regard to such matters as: leasing properties, amounts owing by non-residents, indirect loans, loans through a partnership or trust, foreign affiliate status, definitions, scientific research and experimental development, adjustments to cost base, foreign accrual property income, income earned in a province, the Canada child tax benefit, investment tax credits, tiered partnerships, transitional rules, mutual fund trusts, recovery of credits, transfer pricing, and foreign property information reporting.




Legislative Proposals and Explanatory Notes Relating to Income Tax


Book Description

"This booklet contains proposed amendments to the Income Tax Act by The Honourable James M. Flaherty, Minister of Finance. These legislative measures implement a new system for the taxation of eligible dividends by Canadian corporations to shareholders resident in Canada. Contains replacement text for each clause of the Act to be amended, plus explanatory notes."--Government of Canada Publications website.




Legislative Proposals, Draft Regulations and Explanatory Notes Relating to Income Tax


Book Description

Presents & explains legislative proposals & draft regulations relating to the Income Tax Act, Budget Implementation Act, Bank Act, Cooperative Credit Associations Act, Income Tax Contraventions Interpretation Act, Tax Court of Canada Act, and Trust & Loan Companies Act. Matters covered include the disability supports deduction, indexation, tax credits, mutual fund corporations & trusts, charities, penalties, non-resident investors, and appeals.







Legislative and Regulatory Proposals and Explanatory Notes Relating to Income Tax


Book Description

In 1995, the Canadian Institute of Chartered Accountants established new accounting standards for the recognition, measurement, presentation and disclosure of impaired loans, restructured loans and foreclosed assets. This document presents the legislative and regulatory proposals and explanatory notes relating to income tax.