Heald,
J:—The
sole
issue
in
this
appeal
is
whether
the
amount
of
$490,050
paid
by
the
respondent
to
the
city
of
Calgary
was
a
current
expense
in
the
1973
taxation
year,
the
year
in
which
it
was
paid
or
whether
the
Said
amount
was
required
to
be
amortized
over
a
period
of
years,
deducting
only
an
appropriate
portion
thereon
in
the
1973
taxation
year.
The
learned
trial
judge
decided
that
the
whole
amount
was
deductible
in
the
1973
taxation
year,
the
year
of
payment.
We
agree
with
that
decision
and
with
the
reasons
of
the
learned
trial
judge
for
so
concluding.
The
appeal
is
accordingly
dismissed
with
costs.
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