10 January 1990 Internal T.I. 74327 F - Overseas Employment Tax Credit (Form T626)

By services, 18 January, 2022
Official title
Overseas Employment Tax Credit (Form T626)
Language
French
CRA tags
122.3, 110(1)(d.1), 110(1)(f)
Document number
Citation name
74327
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
629945
Extra import data
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Main text
  January 10, 1990
Non-Resident Taxation Division Specialty Rulings Directorate
  K.B. Harding
K. Hillier 957-2129
A/Director
  File No. 7-4327

Subject: Form T626 Overseas Employment Tax Credit

This is in reply to your memorandum of September 12, 1989 wherein you requested we review a copy of a draft Form T626 and the proposed Information Circular covering the Overseas Employment Tax Credit Information for Employers.

We have reviewed Form T626 and are of the view that the form is adequate for purposes of administering section 122.3 of the Income Tax Act. However, we noted that there were non deductions made on the Form with respect to paragraphs 110(1)(d.1) and 110(1)(f) of the Income Tax Act, presumably it was felt that these deductions would not generally arise.

A review of the Information Circular indicates that changes have been made in accordance with the comments made in our letter of June 12, 1989. However, we offer the following comments for your consideration.

1.     The would "not" should be inserted between the words "will" and "be" in line 5 of item 16 of the Circular.

2.     We would suggest the word "generally" be inserted before the word "does" in line 3 of item 21 of the Circular and replace the word "Thus" with the word "Usually" in line 4 of the same item. 

     It will probably be necessary to review files on a case by case basis where the taxpayer is of the view that his particular case falls within one of the qualified activities.

3.     Add the letter "r" to the "othe" in line 6 of item 23 of the Circular.

We trust this is adequate for your purposes.

for DirectorReorganizations and Non-Resident DivisionSpecialty Rulings DirectorateLegislative and Intergovernmental Affairs Branch