Kempo, T.C.J.:—The present appeals are from reassessments for the appellant's 1981, 1982, 1983 and 1984 taxation years. Several distinct issues have been raised which will be dealt with separately.
Rip, T.C.J.: —During the years 1980 to 1984 Packer Floor Coverings Ltd. ("Packer"), [1] at the time a wholly owned subsidiary of the appellant, incurred losses as a result of frauds committed by its vice-president. In computing its
St. Onge, T.C.J.:—The appeals of Donald G. MacKay and Keith Eaman were heard on common evidence on May 26, 1989, in the City of Ottawa, Ontario, and the issue is whether the appellants are allowed to deduct capital cost allowance in
Goetz, T.C.J.: —The appeals of the estate of the late Bernard Zylstra, file no. 87-311(IT) and of Robert E. Vandervennen, file no. 88-314(IT) were heard on common evidence. They relate to income tax assessments for their 1985 taxation year.
Teskey, T.C.J.:—The appellant appeals his reassessments for the years 1983 and 1984.
The appellant had no legal or accounting training.
Sarchuk, T.C.J.: — Bay Leaf Holdings Inc., Burning Elm Holdings Ltd. and Treefield Holdings Ltd. appeal from reassessments made by the Minister of National Revenue in respect of the 1982 taxation year. By consent of all parties the appeals were
Mogan, T.C.J.: —In 1981, the appellant purchased from the treasury of Lormur Investments Ltd. ("Lormur") 286,000 redeemable preference shares for an aggregate price of $286,000. In December 1985, the appellant sold the 286,000 preference shares of Lormur for
Taylor, T.C.J.:—These are appeals heard in Winnipeg, Manitoba, on October 2, 1989, against income tax assessments for the years 1984 and 1985 in which the Minister of National Revenue disallowed the deduction claimed under subsection 125(1) of the Income
Taylor, T.C.J.:—These are appeals heard in Winnipeg, Manitoba, on October 6, 1989, against income tax assessments for the years 1981, 1982, 1983 and 1984 in which the Minister of National Revenue increased the reported income of the appellant by amounts
Taylor, T.C.J.: — This is an appeal heard in Toronto, Ontario on August 30, 1989 against an income tax assessment for the year 1986 in which the Minister of National Revenue disallowed a deduction of $70,000 to the Mocus Foundation, claimed
