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  1. Income Tax Act - R.S.C., 1985, c. 1 (5th Supp.) (Section 94)
    Marginal note:Definitions
    •  (1) The following definitions apply in this section and section 94.2.

      electing contributor

      electing contributor  at any time in respect of a trust means a resident contributor, to the trust, who has elected to have subsection (16) apply in respect of the contributor and the trust for a taxation year of the contributor that includes that time or that ends before that time and for all subsequent taxation years, if

      • (a) the election was in writing filed with the Minister on or before the contributor’s filing-due date for the first taxation year of the contributor for which the election was to take effect (referred to in this definition as the “initial year”); and

      electing trust

      electing trust  in respect of a trust’s particular taxation year means the trust, if the trust

      • [...]

      • (b) elects to have paragraph (3)(f) apply to it for

        • (i) its first taxation year

          [...]

      exempt foreign trust

      exempt foreign trust  at a particular time means

      • [...]

      • (c) a non-resident trust if

        • (i) at the particular time the trust is an agency of the United Nations,

    • (2) In this section and section 94.2,

      • [...]

      • (s) a transfer to a trust by a particular person or partnership is deemed not to be, at a particular time, a contribution to the trust if

        • [...]

        • (vi) the particular time is before the earliest of

          • (A) the first time at which the trust becomes an exempt foreign trust,

          • (B) the first time at which the particular person or partnership ceases to be a manager or promoter of the trust, and

          • (C) the time that is 24 months after the first time at which the total fair market value of consideration received by the trust in exchange for interests as a beneficiary (other than the particular person or partnership’s interest referred to in subparagraph (iii)) under the trust is greater than $500,000;

    • (3) If at a specified time in a trust’s particular taxation year (other than a trust that is, at that time, an exempt foreign trust) the trust is non-resident (determined without reference to this subsection) and, at that time, there is a resident contributor to the trust or a resident beneficiary under the trust,

      • [...]

      • (f) if the trust (referred to in this paragraph as the “particular trust”) is an electing trust in respect of the particular taxation year,

        • (i) an inter vivos trust (in this paragraph referred to as the “non-resident portion trust”) is deemed for the purposes of this Act (other than for the purposes of subsection 104(2))

          • (A) to be created at the first time at which the particular trust exists in its first taxation year in respect of which the particular trust is an electing trust, and

    [...]


  2. Income Tax Act - R.S.C., 1985, c. 1 (5th Supp.) (Section 149.1)
    Marginal note:Definitions
    •  (1) In this section and section 149.2,

      qualified donee

      qualified donee , at any time, means a person that is

      • [...]

      • (d) Her Majesty in right of Canada or a province, the United Nations or an agency of the United Nations; (donataire reconnu)

      qualifying journalism organization

      qualifying journalism organization  means a corporation or trust that meets the following conditions:

      • [...]

      • (f) it may not, in a taxation year, receive gifts from any one source that represent more than 20% of its total revenues (including donations) for the taxation year, other than a gift

        • [...]

        • (ii) made within 12 months after the time the organization is first registered, or

    [...]


  3. Income Tax Act - R.S.C., 1985, c. 1 (5th Supp.) (Section 81)
    Marginal note:Amounts not included in income
    •  (1) There shall not be included in computing the income of a taxpayer for a taxation year,

      • [...]

      • (g.3) the amount that, but for this paragraph, would be the income of the taxpayer for the year if

        • (i) the taxpayer is the trust established under

          • [...]

          • (D) the Settlement Agreement entered into by Her Majesty in Right of Canada on September 15, 2021 in respect of the class action relating to long-term drinking water quality for impacted First Nations, or

      • [...]

      • Marginal note:Memorial grant

        (j) an amount received under the Memorial Grant Program for First Responders established under the authority of the Department of Public Safety and Emergency Preparedness Act in respect of individuals who die in the course of, or as a result of, their duties or as a result of an occupational illness or psychological impairment;

    [...]



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