9 April 1999 Income Tax Severed Letter 9906056 F - FRAIS LÉGAUX/RÉGIME D'ASSURANCE-SALAIRE -- attach -- Income-Producing Purpose
s. 18(1)(a) applied on the basis of the main reason for which expense incurred
Income-Producing Purpose
ExxonMobil Canada Resources Company v. The King, 2026 TCC 42 -- attach -- Income-Producing Purpose
income-producing purpose can be secondary
2 September 1999 External T.I. 9909015 F - COUT EN CAPITAL D'UNE PCMC -- attach -- Income-Producing Purpose
provincial capital tax is deductible
4 June 1999 Internal T.I. 9913100 F - APPLICATION 40(2)G)(II), 20(1)C) ET 18(1)A) -- attach -- Income-Producing Purpose
s. 18(1)(a) can deny an expense not incurred in an activity with a reasonable expectation of profit even where s. 12 specifically requires inclusion of the smaller gross income
16 September 1999 External T.I. 9913250 F - AVANTAGE À UN ACTIONNAIRE -- attach -- Income-Producing Purpose
asset purification expenses incurred for business reasons of the corporation should satisfy the s. 18(1)(a) test
12 June 2025 External T.I. 2025-1051441E5 - Deductibility of BC Home Flipping Tax -- attach -- Income-Producing Purpose
BC Home Flipping Tax did not qualify under s. 18(1)(a)
Bank of Montreal v. The King, 2025 TCC 113 -- attach -- Income-Producing Purpose
arrears interest on US assessments of US branch taxes was non-deductible
3 February 2000 External T.I. 1999-9909275 F - FRAIS DE PLACEMENTS -- attach -- Income-Producing Purpose
automobile expense not deductible from property income
27 June 2000 External T.I. 2000-0013565 F - DÉDUCTIBILITÉ DES PÉNALITÉS ET DES AMENDES -- attach -- Income-Producing Purpose
whether penalties such as under the AMPS are deductible is under review in light of 65302 case
12 February 2001 External T.I. 2000-0056905 F - ALLOCATION POUR FRAIS DE STATIONNEMENT -- attach -- Income-Producing Purpose
allowances for no-receipt parking were generally deductible
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