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|
Clause in Legislation |
Section of the Act Amended |
Topic |
|
Preface
|
1
|
|
Title
|
|
Part 1 – Foreign Investment Entities and
Non-Resident Trusts |
2
|
12
|
Income from Business or Property
|
3
|
12.2
|
Life Insurance Policies – Definitions |
4
|
17
|
Loan to Non-resident – Controlled Foreign
Affiliate |
5
|
39
|
Capital Gain from Disposition of Property
|
6
|
51
|
Convertible Property
|
7
|
52
|
Cost of Certain Property
|
8
|
53
|
Adjustments to Cost Base
|
9
|
70
|
Death of a Taxpayer
|
10
|
73
|
Inter Vivos Transfers by
Individuals |
11
|
75
|
Trusts – Attribution |
12
|
85
|
Definition of "eligible property"
|
13
|
85.1
|
Share-for-share Exchange
|
14
|
86
|
Share-for-share Exchange – Reorganization
of Capital |
15
|
87
|
Amalgamations – Non-resident Trusts and Foreign
Investment Entities |
16
|
91
|
Amounts to be Included in Respect of Share
of a Foreign Affiliate
|
17
|
94
|
Non-resident Trusts
|
18
|
94.1 to 94.4
|
Foreign Investment Entities
|
19
|
95
|
Foreign Affiliates
|
20
|
96
|
Partnerships and their Members
|
21
|
97
|
Contributions of Property to a Partnership
|
22
|
98
|
Disposition of Partnership Property
|
23
|
104
|
Trusts and their Beneficiaries
|
24
|
107
|
Cost of Capital Interest
|
25
|
107.4
|
Qualifying Disposition
|
26
|
108
|
Trusts
|
27
|
113
|
Deduction in Respect of Dividend Received from
Foreign Affiliate
|
28
|
114
|
Part-year Residents
|
29
|
115
|
Taxable Income Earned in Canada
|
30
|
122
|
Tax Payable by Inter Vivos Trust
|
31
|
126
|
Foreign Tax Credit
|
32
|
128.1
|
Changes in Residence
|
33
|
149
|
Exempt Corporations
|
34
|
152
|
Assessment and Reassessment
|
35
|
160
|
Tax Liability – Non-arm’s Length Transfers
of Property |
36 and 37
|
162 and 163 |
Penalties
|
38
|
215
|
Withholding and Remittance of Tax
|
39
|
216
|
Deduction and Payment of Tax
|
40
|
233.2
|
Foreign Reporting Requirements
|
41
|
233.3
|
Returns in Respect of Foreign Property
|
42
|
233.4
|
Returns Respecting Foreign Affiliates
|
43
|
233.5
|
Due Diligence Exception
|
44
|
248
|
Interpretation and Certain Arrangements
under Civil Law
|
45
|
S.C. 2001, c. 17 |
Inter Vivos Transfer of
Property by an Individual |
46
|
S.C. 2001, c. 17 |
Disposition by Taxpayer of Capital Interest
|
|
Part 2 - General Amendments |
47
|
4
|
Income or Loss from a Source or from Sources in a
Place
– Deductions Applicable |
48
|
6
|
Employment Income
|
49
|
7
|
Employment Security Options – Definitions |
50
|
8
|
Income from Office or Employment – Deductions |
51
|
12
|
Income Inclusions
|
52
|
13
|
Depreciable Property
|
53
|
14
|
Eligible Capital Property
|
54
|
15
|
Shareholder Benefits
|
55
|
18
|
Prohibited Deductions
|
56
|
18.1
|
Non-application of Section 18.1
|
57
|
20
|
Deductions
|
58
|
37
|
Scientific Research and Experimental Development
|
59
|
38.1
|
Allocation of Gain on Gifts to Qualified Donees
|
60
|
40
|
Gains and Losses – General Rules |
61
|
43
|
Part Dispositions
|
62
|
43.1
|
Life Estates in Real Property
|
63
|
44
|
Exchanges of Property
|
64
|
44.1
|
Capital Gains Deferral – Eligible Small
Business Investments |
65
|
53
|
Adjustments to Cost Base
|
66
|
54
|
Definitions – Capital Gains and Losses |
67
|
54.1
|
Exception to Principal Residence Rules
|
68
|
55
|
Tax Avoidance – Dividends |
69
|
56
|
Other Sources of Income
|
70
|
56.4
|
Restrictive Covenants
|
71
|
60
|
Deductions in Computing Income
|
72
|
60.011
|
Application of Paragraph 60(1) to Annuity With
Trust as a Annuitant
|
73
|
63
|
Child Care Expenses
|
74
|
66
|
Exploration and Development Expenses
|
75
|
66.7
|
Exploration and Development Expenses – Successor
Rules |
76
|
68
|
Allocation of Amounts in Consideration
for Property, Services or Restrictive
Covenants
|
77
|
69
|
Inadequate Consideration
|
78
|
70
|
Death of a Taxpayer
|
79
|
72
|
Election by Legal Representative
and Transferee re Reserves
|
80
|
73
|
Inter Vivos Transfers by
Individuals |
81
|
75.2
|
Rules Applicable With Respect to "Qualifying
Trust Annuity"
|
82
|
80.2
|
Reimbursement of Crown Charges
|
83
|
82
|
Compensation Payments Deductible
by Individuals
|
84
|
84
|
Deemed Dividend
|
85
|
85
|
Transfer of Property to Corporation
by Shareholders
|
86
|
86.1
|
Eligible Distribution Not Included in Income
|
87
|
87
|
Amalgamations
|
88
|
88
|
Winding-up of a Corporation
|
89
|
89
|
Taxable Canadian Corporation
|
90
|
96
|
Partnerships and their Members
|
91
|
99
|
Fiscal Period of Terminated Partnership
|
92
|
100
|
Replacement of Partnership Capital
|
93
|
104
|
Trusts and their Beneficiaries
|
94
|
106
|
Proceeds of Disposition of Income Interest
|
95
|
107
|
Interests in Trusts
|
96
|
107.1
|
Dispositions by Employee Trust, Employee Benefit
Plan or Similar Trust
|
97
|
107.2
|
Distribution by a Retirement Compensation
Arrangement
|
98
|
107.4
|
Qualifying Disposition
|
99
|
108
|
Taxation of Trusts and Their Beneficiaries
|
100
|
110
|
Taxable Income – Deductions |
101
|
110.1
|
Charitable Donations Deduction
|
102
|
110.6
|
Lifetime Capital Gains Exemption
|
103
|
111
|
Loss Carryovers
|
104
|
116
|
Certificates for Dispositions
|
105
|
118
|
Personal Tax Credits
|
106
|
118.1
|
Charitable Donations Tax Credit
|
107
|
118.2
|
Medical Expense Tax Credit
|
108
|
118.3
|
Tax Credit for Mental or Physical Impairment
|
109
|
118.5
|
Tuition Credit
|
110
|
118.6
|
Education Tax Credit
|
111
|
118.61
|
Unused Tuition and Education Tax Credit
|
112
|
120.2
|
Minimum Tax Carry-over
|
113
|
120.3
|
Lump-sum Payments
|
114
|
120.4
|
Tax on Split Income
|
115
|
122.3
|
Overseas Employment Tax Credit
|
116
|
125
|
Small Business Deduction
|
117
|
125.1
|
Manufacturing and Processing Profits Deduction
|
118
|
125.11
|
Resource Income
|
119
|
125.4
|
Canadian Film or Video Production Tax Credit
|
120
|
126
|
Foreign Tax Credit
|
121
|
126.1
|
UI Premium Tax Credit
|
122
|
127
|
Deductions in Computing Tax
|
123
|
127.4
|
Labour-sponsored Venture Capital Corporations
|
124
|
127.52
|
Minimum Tax
|
125
|
127.531
|
Basic Minimum Tax Credit Determined
|
126
|
128.1
|
Returning Trust Beneficiary
|
127
|
129
|
Private Corporations – Refundable Dividend Tax
on Hand |
128
|
132
|
Definition "mutual fund trust"
|
129
|
132.11
|
Taxation Year of Mutual Fund Trust
|
130
|
132.2
|
Mutual Fund Qualifying Exchanges
|
131
|
134.1
|
Non-resident-owned Investment Corporations -
Transition
|
132
|
136
|
Cooperative Corporation
|
133
|
137
|
Credit Unions
|
134
|
137.1
|
Deposit Insurance Corporations
|
135
|
138
|
Insurance Corporations
|
136
|
142.6
|
Mark-to-market Rules
|
137
|
142.7
|
Authorized Foreign Banks – Conversion |
138
|
143
|
Communal Organizations
|
139
|
143.2
|
Limited-recourse Debt in Respect of a Gift
or Monetary Contribution
|
140
|
146
|
Registered Retirement Savings Plans
|
141
|
146.01
|
Home Buyers’ Plan |
142
|
146.1
|
Registered Education Savings Plans – Conditions
for Registration |
143
|
146.3
|
Registered Retirement Income Funds
|
144
|
147
|
Deferred Profit Sharing Plans
|
145
|
148
|
Amounts Included in Computing Policyholder’s
Income |
146
|
148.1
|
Eligible Funeral Arrangements
|
147
|
149
|
Exemptions
|
148
|
149.1
|
Charities
|
149
|
152
|
Assessment
|
150
|
157
|
Instalments
|
151
|
159
|
Person Acting for Another – Personal Liability |
152
|
160
|
Tax Liability – Non-arm’s Length Transfers
of Property |
153
|
160.1
|
Where Excess Refunded
|
154
|
160.2
|
Joint and Several Liability – Amounts
Received out of or under RRSP |
155
|
160.3
|
Liability – Amounts Received out of or under RCA
Trust |
156
|
160.4
|
Liability – Transfers by Insolvent Corporation |
157
|
162
|
Penalties
|
158
|
163
|
False Statements or Omissions – GSTC Payments |
159
|
164
|
Refunds
|
160
|
Part I.3
|
Large Corporations Tax
|
161
|
181.2
|
Taxable Capital Employed in Canada
|
162
|
181.3
|
Taxable Capital Employed in Canada
of Financial Institution
|
163
|
Part III
|
Additional Tax on Excessive Elections
|
164
|
188
|
Revocation Tax
|
165
|
190.13
|
Financial Institutions Capital Tax
|
166
|
191
|
Excluded Dividend – Partner |
167
|
191.1
|
Tax on Taxable Dividends
|
168
|
200
|
Distribution Deemed Disposition
|
169
|
204.81
|
Labour-sponsored Venture Capital Corporations
|
170
|
204.9
|
Transfers Between Plans
|
171
|
Part XI
|
Foreign Property Rules
|
172
|
207.31
|
Tax Payable by Recipient of an Ecological Gift
|
173
|
Part XII.2
|
Tax on Designated Income of Certain Trusts
|
174
|
210.2
|
Amateur Athlete Trusts
|
175
|
211.6
|
Part XII.4
|
176
|
Part XII.5
|
Recovery of Labour-Sponsored Funds Tax Credit
|
177
|
212
|
Taxation of Non-residents
|
178
|
214
|
Deemed Payments
|
179
|
216
|
Alternative re Rents and Timber Royalties
|
180
|
220
|
Security for Tax on Distributions
of Taxable Canadian Property to Non-resident Beneficiaries
|
181
|
230
|
Records and Books
|
182
|
231.2
|
Requirement to Provide Documents or Information
|
183
|
237.1
|
Tax Shelters
|
184
|
241
|
Provision of Information
|
185
|
248
|
Interpretation
|
186
|
249
|
Taxation Year
|
187
|
251
|
Arm’s Length |
188
|
252
|
Extended meaning of "spouse" and
"former spouse"
|
189
|
253.1
|
Investments in Limited Partnerships
|
190
|
256
|
Acquisition of Control of a Corporation
|
191
|
259 |
Proportional Holdings in Properties
|
192
|
260 |
Securities Lending Arrangements
|
193
|
Schedule |
Listed Corporations
|
194 and 195
|
|
Amendments to An Act to Amend the Income Tax Act
(Natural Resources)
|
196
|
|
Canada-Nova Scotia Offshore Petroleum Resources
Accord Implementation Act
|
197
|
FPFAA 12.2 |
Amendments to the Federal – Provincial Fiscal
Arrangements Act |
198
|
S.C. 2000, c. 17 |
Debt Forgiveness Rules
|
199
|
S.C. 2000, c. 17 |
Disposition of Shares in a Foreign Affiliate
|
|
Part 3 – Amendments Related to Bijuralism
|
|
Appendix A – Draft Income Tax Regulations and
Explanatory Notes – Status of Corporations and Trusts
|
|