Subsection 147.1(1) - Definitions
Compensation
Administrative Policy
1C 98-2 "Prescribed Compensation for Registered Pension Plans".
3 June 1992 External T.I. 5-921532
A retiring allowance is not included in "compensation".
Defined Benefit Plan
Articles
Terra L. Klinck, Susie S. Taing, "How Target Benefit Plans Fit Into the Current Income Tax Act Registered Pension Plan Regime", Taxation of Executive Compensation and Retirement, Special Pension Edition, Volume XVII, No. 2, 2013, p. 1068.
Features of target benefit plan (p.1068)
[W]e refer to TB plans as workplace pension plans with the following three characteristics:
- the TB plan...
Subsection 147.1(11) - Revocation of registration — notice of intention
Administrative Policy
4 June 1991 Memorandum (Tax Window, No. 4, p. 29, ¶1279)
A pension plan could be revoked retroactively.
Subsection 147.1(12) - Notice of revocation
Cases
Hodge v. Canada (National Revenue), 2009 DTC 6048, 2009 FCA 210
On July 17, 2008, the Minister issued a notice of intent to revoke the registration of a pension plan established by the taxpayer, with the...