Barwicz v. The King, 2024 CCI 93

Case tabs

Summaries

Summary Under

a distribution by a discretionary trust in satisfaction of a capital interest occurred for no consideration for s. 160 purposes

The taxpayer was one of nine beneficiaries of a discretionary inter vivos personal trust which ceased to be resident in Canada in 2001. In January...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Words and Phrases

Summary Under

s. 128.1(4)(a) applied for s. 94 purposes

The taxpayer was one of nine beneficiaries of a discretionary inter vivos personal trust which ceased to be resident in Canada on December 17,...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Summary Under

s. 94(1)(c) did not change the shortened taxation year arising under s. 128.1(4)(a)

The taxpayer was one of nine beneficiaries of a discretionary inter vivos personal trust which ceased to be resident in Canada on December 17,...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Summary Under

capital interest in discretionary personal trust had nil value

The taxpayer was one of nine beneficiaries of a discretionary inter vivos personal trust who received substantial capital distributions from the...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.