Plain meaning
A CRA statement that discusses how tax law may apply to a general or hypothetical situation.
Also called
CRA technical interpretation
TI
Key points
- A technical interpretation is generally less formal than an advance income tax ruling.
- It often responds to general questions rather than fully specified proposed transactions.
- It may be severed and published without identifying information.
- It is useful context, but taxpayers should not treat it as binding legal authority for different facts.
Why it comes up
Technical interpretations can reveal CRA thinking, but they are usually not binding rulings for a taxpayer's specific transaction.