9 November 2016 External T.I. 2014-0537121E5 F - Overseas employment tax credit -- summary under Clause 122.3(1)(b)(i)(B)

Do marine dredging activities (i.e., the excavation of sediments from the seabed to allow or facilitate marine traffic) qualify as part of a construction project under s. 122.3(1)(b)(i)(B)? CRA responded:

[D]redging to allow shipping traffic through the creation of channels could constitute a construction project within the meaning of clause 122.3(1)(b)(i)(B).

There is nothing to exclude the possibility that maintenance or expansion of existing channels may also represent a construction project… .

[T]herefore… channel maintenance or widening may also be a construction project… .

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d7 import status
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