Continual freight motion means the transportation of products by a number of carriers to some place specified via the shipper of the products, wherever all freight transportation services provided via the carriers are equipped as a result of Guidance provided from the shipper of the products.

a second corporation, or a 2nd Canadian partnership, that is a member of the qualifying group of which The actual corporation is really a member

Qualified capital property normally means property that does not physically exist but that offers you a long-lasting economic advantage. Some examples are goodwill, or franchises, concessions, or licenses for an unlimited period.

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all or considerably the entire fascination in The actual partnership is held by any of the next:

Qualified things to do, with the needs from the public service bodies' rebate, means the making of facility materials, ancillary supplies, or property medical supplies, or operating a qualifying facility to generate facility provides.

Prescribed governing administration organization means a prescribed entity That could be a crown agent (for example, a Crown corporation) that may be organized and operated exclusively for non-earnings uses and does not distribute or make available any of its income for the personal benefit of any proprietor, member, or shareholder.

an accommodation unit when it's included in that A part of a tour offer that is not the taxable part of the tour package

The affected individual must be matter to medical administration and for greater than 10% of each day, or Portion of the day, that the patient is at the clinic or qualifying facility, the affected person must receive therapeutic well being care services, which includes registered nursing treatment

the primary place of residence of a person who'll occupy the unit continually for a duration of a minimum of a person calendar year (or to get a shorter interval In case the device is bought to a different human being to be used for a Major location of residence of that particular person or possibly a relation of that particular person, or taken by the individual or lessor, or simply a relation of the individual or even the lessor, for use as their Major place of residence)

Overseas convention means a Conference held in Canada the place both of those of the following problems are achieved:

Commonly, this does not use to people who convert real property exclusively for use as an area of residence for them selves, to get a relation or for his or her former husband or more info wife or widespread‐legislation spouse.

Distribution has the meaning assigned by subsection fifty five(1) with the Income Tax Act (ITA). For the reasons of section fifty five of the ITA, a distribution means the immediate or oblique transfer of property of a corporation (referred to in section 55 for a "distributing corporation") to one or more of its corporate shareholders (referred to in section fifty five as a "transferee corporation") these that each transferee corporation that gets property within the distribution receives its pro rata share of every sort of property owned from the distributing corporation immediately ahead of the distribution.

Knowledgeable organizer, when performing as an agent of a sponsor, is not really an organizer to the purposes on the GST/HST rebate made available beneath the FCTIP application.