Joint Committee submissions

2015 Linked submission on: Principal topics

Nov 12 31 July 2015 s. 55(2) rules s. 55(2) et seq. rules including purpose test, safe income determination time, stock dividends and public company splits, s. 55(2)(b)
Oct 13 31 July 2015 charitable gift rules draft ss. 38.3 and 38.4 charitable gifting rules
June 19  2015 Budget SBD small business deduction, active business
June 19  2015 Budget s. 152(9) rule s. 152(9), statute-barring, large corporation objections
May 27 2015 Budget s. 55 rules ss. 55(2) and 55(3)(a) rules including s. 55(2.1)(b)(ii), loss shares and stock dividends
May 26 2015 Budget synthetic equity synthetic equity arrangements
May 26 2015 Budget Reg. 102 reg 102 withholding re: Reg. 400 & Treaty PE differences/ 90-day rule/relief for LLCs

2014

Sept 26 2014 Budget trust/estate rule s. 104(13.1) designation, s. 104(13.4) deemed income flow-out, s. 108 – testatmentary trust – (d) - anti-stuffing rule, s. 164(6)
June 16 Folio S1-F5-C1 [arm's length] control by general partner/related partnership/“acting in concert”
May 16 2014 Budget Treaty Shopping rule main purpose/conduits and safe harbours/investment vehicles/protection of payors/derivative benefits

2013

Dec. 2 3 June 2013 Draft Legislation top rate for testamentary trusts/estates after 36 mo.
Dec. 11 12 August 2013 Treaty Shopping Paper combating treaty shopping
Oct. 15 16 August 2013 Draft Legislation PLOIs/FAD/corporate migration
Oct. 15 13 September 2013 Draft Legislation derivative forwards/synthetic dispositions/trust control
Sept. 13 12 July 2013 Draft Legislation FAT/FAPI/carve-out rule/foreign mergers/functional currency election/tcp
Aug. 7 24 October 2012 Proposals/Bill C-48 upstream loans/foreign tax credit generators
Feb. 15 December 21, 2012 Amendments butterflies/bumps/RRSPs and TFSAs

2012

Sept. 25 July 25, 2012 Proposals stapled securities
Sept. 13 August 14, 2012 Proposals FAD/thin cap/EPSPs/ bumps re partnerships/s. 100(1.3)
undated Finance Letter re RRSP/RRIF Bill C-13 measures prohibited investments/RRSP swaps
June 8 2012 Budget re International Taxation FAD/thin cap re partnerships/upstream loans
March 13 Chamber of Commerce letter re NPOs chilling effect of non-compliance letters
Jan. 19 Enacted Functional Currency Rules functional currency rules

2011

Nov. 14 Bill C-13 Partnership rules (ss. 34.2,34.3, 249.1) stub periods, QTI, alignment elections, hybrid surplus
Nov. 7 Contingent Liabilities – S. 143.4 contingent amount/right to reduce (s. 143.4)
Oct. 28 Bill C-13 re extension of TFSA rules to RRSPs prohibited investments/swaps/strips/advantages
Oct. 19 August 19, 2011 Foreign Affiliate Proposals FAPI/stop-loss/FX/hybrid surplus/90(2)/upstream loans/93(1)/liquidations/suppression election/FAT
Jan. 28 December 16, 2010 Draft Legislation – REITs REIT rules

2010

Oct. 6 Addendum re August 27, 2010 Draft Legislation FTC generators/237.3 hallmarks
Sept. 27 August 27, 2010 Draft Legislation re 2010 Budget NRTs/foreign affiliates (e.g. fill-the-hole, bumps)/stock options/reporting (237.3)
Sept. 17 July 16, 2010 Technical Amendments stock div. shares/restrictive covenants/s. 99/test. trusts/110(1)(k)/143.3
July 6 May 7, 2010 Backgrounder: Avoidance Reporting reportable transactions (237.3)
May 2 Convertible Debentures Part XIII tax on convertible debenture interest or premium
May 3 Budget 2010 – March 4, 2010 W&M Motion employee stock options/tax. Cdn. prop./FTC generators-FAT/interest on refunds
May 3 2010 Budget: Non-Resident Trusts and FIEs non-resident trusts/foreign investment entities
April 21 IT Bulletins re archiving all IT Bulletins
Feb. 15 December 18, 2009 Foreign Affiliate Amendments f.a. elections/s. 93(1)/fill the hold/bump/design. treaty country/FAPLs & FAT

2009

Sept. 30 Declaration Process re Treaty Witholding Rates Part XIII/Declaration of Benefits/waiver of penalties and interest
April 1 Québec Paper on Aggressive Tax Planning GAAR penalties/promoter penalties/disclosure requirements
Jan. 7 Non-Resident Trusts and Foreign Investment Entities NRTs & FIEs

2008

Sept. 15 July 14, 2008 SIFT Amendments "excluded subsidiary entity"/SIFT partnerships/SIFT trusts
July 15 Canada's System of International Taxation foreign debt/treaty shopping/active business income/NRTs & FIEs/base erosion rules/FAPI
June 18 SIFT Conversions SIFT trusts/asset transfers/continuity of tax attributes
June 4 Bill C-10 NRTs/dual-resident trusts
Senate Standing Committee comfort letters/residence/NRTs & FIEs/94(1) - "exempt foreign trust"
Jan. 24 Bill C-10 NRTs & FIEs
Jan. 8 Fifth Protocol treaties: residence/dividends/employment income/limitations on benefits

2007

Dec. 4 SIFT Conversion debt rollover/SIFT partnerships
Oct. 23 2007 Budget 20(1)(e)/18.2(3)(a)(ii) - "substituted property"/18.2(9), (10)/s. 95.2(f), (f.1)/93.1
June 1 Foreign Affiliate Amendments accounting burden
May 7 International Fair Tax Initiative grandfathering/uncertainty
March 7 Bill C-33 – Ss. 52(3)(a), 53(1)(b) CDA/dividends/PUB increases/contributed surplus
Feb. 21 "Normal Growth" for Income Trusts SIFT conversions/ambiguities in Guidelines
Jan. 31 December 21, 2006 SIFT amendments deemed dividends/"investment"/"business"/"non-portfolio earnings" & "non-portfolio property"/REITs/"real or immovable property"

2006

Dec. 4 Eligible Dividend Rules 89(14)
Sept. 29 Outstanding Income Tax Proposals interest deductions/foreign investments/foreign affiliates/interest & penalty relief
Jan. 30 July 18, 2005 Technical Amendments attached submissions not in document
Jan. 27 November 17, 2005 NWMM - S. 143.3 attached submissions not in document
Jan. 20 Foreign Affiliate Amendments: February 27, 2004 foreign affiliate PUC/foreign PUC currency/hedging arrangement currency