Terminal Norco Inc. v. The Queen, 2006 DTC 2897, 2006 TCC 139 -- summary under Ownership

Summary Under
Tax Topics - General Concepts - Ownership
taxpayer controlled subsidiary immediately after drop-down transaction notwithstanding pre-ordinated sale of the subsidiary's shares

In order to avoid Quebec mutation tax, the taxpayer transferred the assets of a business division to a newly-incorporated wholly owned subsidiary...

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Words and Phrases
immediately after