Kempo, TCJ:—The appeals were heard in Halifax, Nova Scotia and concern the tax liability of the appellant for its 1979 and 1980 taxation years. The issues in these appeals relate to the appellant’s ship or vessel known as the Mersey Viking. Because

Kempo, TCJ:—The appeal was heard on common proof with three other actions, No. 83-1293 and 83-1294 Wayne N Shipley; No 83-1289 and 83-1290 Joseph Foreman; 83-1291 and 83-1292 Robert G Murray, the

Kempo, TCJ:—An appeal has been brought by the Estate of John S McEachran from a reassessment made by the Minister with respect to the taxation year of the appellant ended the 10th day of December 1979.

Tremblay, TC): This case was heard on January 18, 1985 in the City of Montreal, Quebec.

Rip, TCJ:—Mr Miconi appeals his income tax assessments for 1977, 1978 and 1979 on the basis that Cataract Construction Limited (“Cataract”), a company of which he is president and controlling shareholder, did not make any loans to him in the years

Tremblay, TCJ:—This case was heard on December 13, 1984 in the City of Toronto, Ontario.

Taylor, TCJ:—These are appeals heard on common evidence in Montreal, Quebec, on April 17, 1985, against income tax assessments, for the years 1978, 1979 and 1980 for Les Entreprises Savino Inc, (“Savino’’), and for the years 1978 and 1979 for Les

Tremblay, TCJ:—This appeal was heard in common evidence with the case of Mrs Iris Steinhoff in London, Ontario on September 27, 1984. They were taken under advisement on reception of the transcript on October 22, 1984.

Rip, TCJ:—In computing its income from a business for 1976 the appellant, Oriole Oil & Gas Ltd, ("Oriole") deducted the sum of $1 million paid to two employees purportedly in satisfaction of loss of office and also in consideration for releases