Words and Phrases - "indefeasible vesting"

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Greenwood Estate v. The Queen, 94 DTC 6190, [1994] 1 CTC 310 (FCA)

The deceased taxpayer agreed to sell shares to his three sons for $800,000, payable by a promissory note, with such sale to be completed within 30...

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Words and Phrases
indefeasible vesting