Dube, J.: —In reassessing the plaintiff for his 1980 taxation year, the Minister of National Revenue added as a taxable benefit the sum of $235,500 being the amount by which the fair market value of 6,000 shares at the date of the

Austin, J.: —This is an appeal by the respondent and a cross-appeal by the applicant from the judgment of the Honourable Judge Killeen dated October 6, 1986. The factual background is very fully and accurately set out in the reasons of the

Cullen, J: —This is an appeal by way of statement of claim from a notice of determination of a loss issued by the Minister of National Revenue (the Minister) on November 2, 1982. This notice reduced the plaintiff's noncapital losses for

Cullen, J.: —This is an appeal by way of statement of claim from notices of reassessment issued by the Minister of National Revenue (the Minister) for the tax years 1976,1977, 1978 and 1979. The reassessments are in respect of the plaintiff's

Urie, J. (Heald, J. concurring):— In this appeal from a judgment of the trial division rendered by Strayer, J. in which he allowed the appeal of the respondent from reassessments for income tax made by the appellant for the

MacNair, J.:—This action and T-2941-83 are appeals by the plaintiff from reassessments of its income for the 1978 and 1979 taxation years which, by agreement, are to be heard and tried on common evidence.

Mahoney, J.:—This is an appeal and cross appeal from a decision of the Trial Division dealing with the appellant's income tax assessments for its taxation years 1971 to 1974 inclusive. [1] Put briefly, the appellant, an extruder of

The Court: —We are all of the view that the Court of Appeal erred in its interpretation of subsection 231(3) of the Income Tax Act, R.S.C. 1952, c. 148 as amended. To construe the subsection as permitting only one demand

Hugessen, J.:—The appellant paid one of its non-resident shareholders an amount deemed to be a dividend pursuant to paragraph 212.1 (1)(a) of the Income Tax Act:

Reed, J.:—The issue in this case is whether a converted tug boat is a yacht. Paragraph 18(1)(l) of the Income Tax Act, S.C. 1970-71-72, c. 63 provides that certain kinds of business expenses are not to be allowed as deductions