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From 5 May 2026 Roundtable, 2026-1089311C6 - 2026 CALU - Q.2 - Beneficiary designations and taxable benefits | Tax Interpretations by Assurance-vie payée par une société

Concepts

1. Court Decisions

   "In Harding v. The Queen, (2022 TCC 3), the Tax Court of Canada considered whether a shareholder benefit under subsection 15(1) was conferred where family members were designated as revocable benefici

2. Beneficiary Rights

   "The determination of any taxable benefit in these circumstances should take into account the respective rights and interests of both the corporate policyholder and the designated beneficiaries. Where

3. CRA Position

   "The CRA is not prepared to reconsider its views on the application of subsections 15(1), 56(2) and 246(1) to life insurance policies where a corporation is the policyholder and premium payor and the