30 October 2012 Ontario CTF Roundtable Q. 10, 2012-0462961C6 - 2012 Ont CTF Q10 - Executors' Fees and Withholding -- summary under Office

CRA stated that, notwithstanding the archiving of IT-377R, it is still its view that:

Fees earned by a taxpayer for acting in the capacity of an executor in the course of a business are included in the business income of the taxpayer under subsection 9(1) of the Act. Where the taxpayer does not act in the course of carrying on a business, the executor fees are included in income under paragraph 6(1)(c) of the Act.

Topics and taglines
Topic
Income Tax Act - s. 248(1) - Office
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
316647
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
344111
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