TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

A preferred share that has the legal form of an equity security but some attributes of a debt security, e.g., a stipulated maturity or conditions for redemption that are not solely within the control of the issuer.  2, record 1, English, - term%20preferred%20share

Record number: 1, Textual support number: 1 CONT

... it is essential to amend the Income Tax Act to change the treatment of income debentures and term preferred shares. These securities are currently treated as equities for tax purposes.  3, record 1, English, - term%20preferred%20share

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Action privilégiée qui, juridiquement, confère à son porteur un titre de participation, mais qui, pour la société émettrice, possède certaines caractéristiques propres à un titre d'emprunt (échéance précise et taux de rendement fixe) ou dont les conditions de remboursement ou de rachat ne sont pas uniquement du ressort de la société émettrice.  2, record 1, French, - action%20privil%C3%A9gi%C3%A9e%20%C3%A0%20terme

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 DEF

The fiscal year in relation to which the amount of tax is being computed.  4, record 2, English, - taxation%20year

Record number: 2, Textual support number: 1 CONT

All taxpayers must calculate their income and tax by taxation years. Individuals must use the calendar year. Corporations may choose any fiscal year but must report income on the basis selected consistently. No corporate taxation year may be longer than 53 weeks and a change of fiscal year-end may be made only with the approval of the Minister of National Revenue  5, record 2, English, - taxation%20year

Record number: 2, Textual support number: 2 CONT

... the 1991 tax year.  6, record 2, English, - taxation%20year

Record number: 2, Textual support number: 1 OBS

Source: Income Tax Act, S. 249.  7, record 2, English, - taxation%20year

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 DEF

Période de référence utilisée par le fisc pour l'imposition d'un contribuable.  2, record 2, French, - ann%C3%A9e%20d%27imposition

Record number: 2, Textual support number: 1 CONT

Tous les contribuables doivent calculer leur revenu et leur impôt par année d'imposition. Les particuliers doivent se servir de l'année civile. Les compagnies peuvent choisir n'importe quelle année financière qu'ils devront toujours garder. Aucune année d'imposition d'une compagnie ne peut durer plus de 53 semaines et la date de clôture de l'exercice ne peut être changée qu'avec l'autorisation du ministre du Revenu national.  3, record 2, French, - ann%C3%A9e%20d%27imposition

Record number: 2, Textual support number: 2 CONT

[...] l'année d'imposition 1991.  4, record 2, French, - ann%C3%A9e%20d%27imposition

Record number: 2, Textual support number: 1 OBS

Source : Loi de l'impôt sur le revenu, article 249.  5, record 2, French, - ann%C3%A9e%20d%27imposition

Record number: 2, Textual support number: 1 PHR

Année d'imposition courante.  6, record 2, French, - ann%C3%A9e%20d%27imposition

Record 2,  Textual support,  Spanish

Record number: 2, Textual support number: 1 DEF

Período de doce meses que sirven de base para calcular el resultado gravable en el impuesto sobre la renta.  1, record 2, Spanish, - a%C3%B1o%20fiscal

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 DEF

The more than proportionate increase in income tax corresponding to an increase in income.  2, record 3, English, - fiscal%20drag

Record number: 3, Textual support number: 1 CONT

When income of a taxpayer increases by 10 per cent in two years, income tax may increase by 15 per cent under the progressive income tax system. The difference of 5 per cent is fiscal drag. Fiscal drag may be divided into "inflationary fiscal drag" which corresponds to a change in income due to inflation, and "real fiscal drag" which corresponds to a change in real income.  2, record 3, English, - fiscal%20drag

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 DEF

Accroissement de l'impôt sur le revenu plus que proportionnel à la hausse du revenu.  2, record 3, French, - freinage%20fiscal

Record number: 3, Textual support number: 1 CONT

Lorsque le revenu d'un contribuable augmente de 10 % en deux ans, la progressivité du système d'imposition peut faire augmenter de 15 % son impôt. Cet écart de 5 % représente le «freinage fiscal». Celui-ci peut être ventilé entre le «freinage fiscal lié à l'inflation», qui correspond à une modification imputable à l'inflation, et le «freinage réel» qui correspond à une modification du revenu réel.  2, record 3, French, - freinage%20fiscal

Record 3,  Textual support,  Spanish

Record number: 3, Textual support number: 1 DEF

Efecto de freno al crecimiento de la demanda y la producción que resulta de incrementos en las tasas efectivas de impuestos cuando hay inflación.  3, record 3, Spanish, - freno%20fiscal

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

Peterson took this opportunity to thank tax professionals for the thoughtful comments received on this measure and to reiterate the Department’s interest in receiving further comments on the proposed income tax changes dealing with demutualization.  1, record 4, English, - income%20tax%20change

Record number: 4, Textual support number: 1 OBS

Terminology found in the 1999 Federal Budget.  2, record 4, English, - income%20tax%20change

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 CONT

Peterson a profité de l'occasion pour remercier les fiscalistes qui ont exprimé des commentaires diligents sur cette mesure et rappeler que le Ministère est intéressé à obtenir d'autres observations sur les modifications (proposées) à l'impôt sur le revenu traitant de la démutualisation.  1, record 4, French, - modification%20de%20l%27imp%C3%B4t%20sur%20le%20revenu

Record number: 4, Textual support number: 1 OBS

Terminologie extraite du Budget 1999.  2, record 4, French, - modification%20de%20l%27imp%C3%B4t%20sur%20le%20revenu

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 OBS

Bill C-364.  1, record 5, English, - An%20Act%20to%20amend%20the%20Income%20Tax%20Act%28change%20RRSP%20deduction%20to%20a%20tax%20credit%29

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 OBS

Projet de loi C-364.  1, record 5, French, - Loi%20modifiant%20la%20Loi%20de%20l%27imp%C3%B4t%20sur%20le%20revenu%20%28transformation%20en%20cr%C3%A9dit%20d%27imp%C3%B4t%20de%20la%20d%C3%A9duction%20pour%20contribution%20%C3%A0%20un%20REER%29

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 DEF

Of or having to do with legislation which does not change the overall tax base upon which a government relies for income.  2, record 6, English, - revenue%2Dneutral

Record number: 6, Textual support number: 1 CONT

Under the Conservative [Party] proposal presented in June, 1987, a national sales tax would replace the manufacturers’ sales tax ... It is ... not known how much that tax would collect for the federal government. ... [Finance Minister] Wilson has simply insisted that the tax will be revenue-neutral.  3, record 6, English, - revenue%2Dneutral

Record number: 6, Textual support number: 1 OBS

According to Revenue Canada Taxation, the term "revenue neutral" refers to the fact that, although the government redistributes tax liability, its revenue remains the same.  4, record 6, English, - revenue%2Dneutral

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 OBS

Expression fournie par la Division des conseillers fiscaux, ministère des Finances.  1, record 6, French, - sans%20incidence%20sur%20les%20recettes

Record 6,  Textual support,  Spanish

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 CONT

In recognition of the fact that this change could result in a very large one-time tax increase for many of these taxpayers, the measure includes transitional provisions to bring this additional amount into income over a 10-year period.  1, record 7, English, - one%2Dtime%20tax%20increase

Record 7,  Textual support,  French

Record number: 7, Textual support number: 1 CONT

Comme ce changement pourrait entraîner une très forte hausse ponctuelle de l'impôt à payer pour bon nombre de ces contribuables, des dispositions transitoires sont prévues pour que le montant additionnel soit intégré au revenu sur une période de 10 ans.  1, record 7, French, - hausse%20ponctuelle%20de%20l%27imp%C3%B4t%20%C3%A0%20payer

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 OBS

Publ. by Minister of Finance, May 1985.  1, record 8, English, - The%20Corporate%20Income%20Tax%20System%20%3A%20A%20Direction%20for%20Change

Record 8,  Textual support,  French

Record number: 8, Textual support number: 1 OBS

Publ. par le Ministre des Finances, Mai 1985.  1, record 8, French, - Le%20r%C3%A9gime%20fiscal%20des%20soci%C3%A9t%C3%A9s%20%3A%20un%20axe%20de%20changement

Record 8,  Textual support,  Spanish