Thomas, Prov. Ct. J. [ORALLY]:—Gentlemen, with respect to all the motions which were before me, I will deal with them not necessarily in the order in which they were argued, but perhaps in the order in which they were presented, with

Joyal, J.:—This is a trial pursuant to Rule 475 of the Federal Court Rules on a case stated by the parties with respect to the imposition of an excise tax on certain transactions involving cost-sharing programs undertaken between the Federal Government

Reed, J.:—This is an appeal from a decision of the Tax Court of Canada finding the claimant liable for unpaid income taxes for the years 1978, 1979, 1980 and 1981. The unpaid tax liability arises out of net worth assessments prepared by the

Collier, J.:—This is an appeal, on behalf of the Minister of National Revenue, from a finding of the Tax Review Board in favour of the defendant taxpayer, in respect of an income tax assessment made by the Minister for the 1979 taxation year.

Mahoney, J. (Marceau, J. concurring):—This is an appeal from the Trial Division. The issue is whether the amount of a tax credit claimed by the respondent in respect of tax payable for its taxation year ended December 31, 1975, was