2 February 1990 External T.I. 74145 F - Tax Treatment of Payments

By services, 18 January, 2022
Official title
Tax Treatment of Payments
Language
French
CRA tags
n/a
Document number
Citation name
74145
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
633108
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1990-02-02 07:00:00",
"field_tags": []
}
Main text
  February 2, 1990
Winnipeg District Office Head Office
Assessing Division Specialty Rulings
Taxpayer Services Section Directorate
  G. Ozols
Dave Barlow (613) 957-2139
  File No. 7-4145

Subject:  24(1)

This is in reply to your memorandum of July 18, 1989, concerning the tax treatment 24(1)

We receive a further inquiry on this question from the Edmonton District Office and we have attached a copy of our reply to them for your reference.  Briefly, it is our opinion that these payments are taxable under the Income Tax Act in the hands of the recipients who may claim appropriate reasonable expenses. However, it is now our position that T4-A slips should be issued.

Please also find attached for your reference copies of previous correspondence on this subject. 

We trust that this information will be of assistance to you.

for DirectorBusiness and General DivisionSpecialty Rulings DirectorateLegislative and Intergovernmental Affairs Branch