CRA confirms that the derivation of estate property from Cdn real property of the deceased does not cause the interests in the estate to be taxable Cdn property

CRA confirmed that an interest of a non-resident in an estate which held nothing but public company shares which had been acquired exclusively from the proceeds of sale by the Canadian deceased of Canadian real property was not taxable Canadian property, given that the estate itself had never held taxable Canadian property

Neal Armstrong. Summary of 6 December 2016 External T.I. 2014-0542551E5 under s. 248(1) - taxable Canadian property – (d).