CRA Roundtables

This publication provides the full text of questions from CALU and written responses from the Canada Revenue Agency (CRA) addressed during the Canadian Life and Health Insurance Association (CLHIA) biennial CRA Roundtable on September 18, 2025. The CRA was represented by Bob Naufal, Manager, Financial Institutions Section, Income Tax Rulings Directorate, and the Roundtable moderated by Patrick Uzan, BA, CPA, CA, TEP, CLU, Vice-President, Professional Services at PPI. Additional CALU commentary follows each answer from the CRA. Topics covered in this report include: Deemed value rules for life insurance and qualified small business corporation (QSBC) shares Capital Dividend Account ...

This revised CALU Special Report provides the full text of the questions and written responses provided by the Canada Revenue Agency (CRA) and additionally Finance Canada as part of the CRA-Finance Canada roundtable at our 2024 Conference & AGM. This session which took place on May 7, 2024 allowed Conference registrants to hear from senior representatives from both organizations respond to CALU’s questions on tax policy and legislation matters, technical interpretations and audit-related issues. CALU commentary has also been included where appropriate. Download the report

This CALU Special Report provides the full text of the questions and written responses provided by the Canada Revenue Agency (CRA) as part of the CRA-Finance Canada roundtable at our 2024 Conference & AGM. This session which took place on May 7, 2024 allowed Conference registrants to hear from senior representatives from both organizations respond to CALU’s questions on tax policy and legislation matters, technical interpretations and audit-related issues. CALU commentary has also been included where appropriate. Download the report

Our recent 2022 Conference & AGM featured a CRA-Finance Canada roundtable where senior representatives from those organizations responded to CALU's questions on tax policy and legislation matters, technical interpretations and audit-related issues. This CALU Special Report provides the full text of both the CRA questions and written responses, as well as the Finance Canada written questions and a summary of their verbal responses. CALU commentary has also been included where appropriate. Please contact Kevin Wark (kwark@calu.com) should you have any questions relating to the CRA and Finance responses and related commentary. (Members only) Download the report ...