carried on business

Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Business
an adventure is not “carried on” if there is insufficient activity

A corporation owned a large area of vacant land in Canada (for instance, in an industrial park) and, as the corporation wished to locate in the...

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Words and Phrases
carried on business

Timmins v. R., 99 DTC 5494, [1999] 2 CTC 133 (FCA) -- summary under Subsection 122.3(1)

Full Title
Timmins v. R., 99 DTC 5494, [1999] 2 CTC 133 (FCA)
Summary Under
Tax Topics - Income Tax Act - Section 122.3 - Subsection 122.3(1)
provision of services by governement for fees was an undertaking and business

The taxpayer was employed by the New Brunswick Department of Agriculture and Rural Development to assist in establishing and administering several...

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Words and Phrases
carried on business
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