10 November 1989 Ruling 74311 F - Prescribed Form T2061A

By services, 18 January, 2022
Official title
Prescribed Form T2061A
Language
French
CRA tags
48(1)(a)
Document number
Citation name
74311
Severed letter type
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
631541
Extra import data
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"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1989-11-10 07:00:00",
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Main text
  November 10, 1989
Non-Resident Taxation Division Specialty Rulings
  Directorate
Mr. K. Hillier K.B. Harding
A/Director 957-2129
  File No. 7-4311

SUBJECT:  Prescribed Form (T2061A) Paragraph 48(1)(a) Election

This is in reply to your memorandum of September 6, 1989 wherein you requested we review the draft of the new form T2061A and provide you with our opinion whether the proposed form is adequate for purposes of the Department.

We have reviewed the form and offer the following comments.

1.     In our view the election provided in paragraph 48(1)(a) is limited to individuals and we would suggest the first item of the form be adjusted to read as follows:

     "For use by a taxpayer who is an individual other than a trust, who ceased at any time in the year to be a resident of Canada, to elect under paragraph 48(1)(a) of the income Tax Act to dispose of property that would be taxable Canadian property if the taxpayer had not been resident in Canada at any time in the year."

2.     Item four requires the addition of a form number.

We trust these comments are suitable for your purposes.

for Director Reorganizations and Non-Resident Division Specialty Rulings Directorate Legislative and Intergovernmental Affairs Branch