McArdle Estate [No. 2] v. MNR, 62 DTC 402 (TAB) -- summary under Subsection 84(3)
repurchase and re-allotment of shares was not a redemption
The president (McArdle) of a private company had been issued “employee redeemable shares,” whose terms provided that they participated on a...
Words and Phrases
redeem| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - General Concepts - Substance | mistaken nomenclature ignored if inconsistent with governing intention | 66 |