Search - 临汾市2天旅游行程

Pearl Life Assurance Co. [1905] 2 K.B. 507, 514, was a case of that kind. ...

Paragraphs (a) and (e) of s. 2 and s. 5(1) are as follows: "‘2.(a) ‘aggregate net value’ means the fair market value as at the date of death, of all the property of the deceased, wherever situated, together with the fair market value, as at the said date, of all such other property wherever situated, mentioned and described in section three of this Act, as deemed to be included in a succession or successions, as the case may be, from the deceased as predecessor, after the debts, incumbrances, and other allowances are deducted therefrom as authorized by subsection six of section seven and by section eight of this Act.’’ (‘ (e) ‘dutiable value’ means, in the case of the death of a person domiciled in Canada, the fair market value, as at the date of death, of all property included in a succession to a successor less the allowances as authorized by subsection six of section seven and by section eight of this Act and less the value of real property situated outside of Canada, and means, in the case of the death of a person domiciled outside of Canada, the fair market value of property situated in Canada of the deceased included in a succession to a successor less the allowances as authorized by subsection six of section seven and by sections eight and nine of this Act. ‘ ‘ "‘5.(1) Notwithstanding that the value of the property included in a succession to which each heir, legatee, substitute, institute, residuary beneficiary, or other successor is entitled, cannot in any case be determined until the time of distribution, nevertheless, for the purposes of this Act, all such property shall be valued as of the date of death, and such successor shall be deemed to benefit as if such property less the allowances as authorized by section eight of this Act were immediately distributed, and as if each successor benefited accordingly. ‘ ‘ In my opinion, the appellants are right in their contention that the value of the asset of the Fisher estate here in question falls to be determined under the provisions of s. 2(a) and (e) and s. 5(1), in other words, at the fair market value at the date of the death of Mary Catherine Fisher on the 23rd of October, 1943. ...

:—Cameron J. 2 has found the refusal of the Minister to accept the depletion allowance claimed to have been based on two grounds: that there was in fact no change of ownership of the assets; and that they had been set up in the books of the company at an appreciated value. ... What the communication from the Minister, exhibit No. 2, "that the timber limits will be valued for the purposes of the Income War Tax Act" conveys to me is the intention to allow depletion on the basis of market value. ... C.R. 548. 2 [1948] Ex. C.R. 548. 3 [1947] A.C. 109. 4 [1948] 1 All E.R. 482. 5 [1948] S.C.R. 486. 6 [19491 A.C. 24. 7 [1923] A.C. 507 at 514. 8 [1949] A.C. 24 at p. 32. 9 [1940] A.C. 127. 10 [1939] S.C.R. 1 at p. 5. 11 [1947] A.C. 109. 12 [1923] A.C. 607. 13 [1948] 1 All E.R. 482. 14 [1927] Ex. ...

Her Majesty the Queen 2 it was held that there was no excise tax payable upon mouton. ... Shearlings were not at the relevant time excise taxable, but it was thought that "mouton" was attracting such a tax, under s. 80(A) of the Excise Tax Act as amended, which reads in part as follows:— "80(A). (1) There shall be imposed, levied and collected, an excise tax equal to fifteen per cent of the current market value of all dressed furs, dyed furs and dressed and dyed furs, — (i) imported into Canada, payable by the importer or transferee of such goods before they are removed from the custody of the proper customs officer; or (ii) dressed, dyed, or dressed and dyed in Canada, payable by the dresser or dyer at the time of delivery by him. (2) Every person liable for taxes under this section shall, in addition to the returns required by subsection one of section one hundred and six of this Act, file each day a true return of the total taxable value and the amount of tax due by him on his deliveries of dressed furs, dyed furs, and dressed and dyed furs for the last preceding business day, under such regulations as may be prescribed by the Minister. (3) The said return shall be filed and the tax paid not later than the first business day following that on which the deliveries were made. ... Solicitors for the suppliant, respondent: Plaxton and Company, Toronto. 1 [1958] Ex.C.R. 336, 59 D.T.C. 1089. 2 [1956] S.C.R. 632, 56 D.T.C. 1075. 3 [1915] 3 K.B. 106. 4 [1941] S.C.R. 419, [1941] 3 D.L.R. 593. 5 [1956] S.C.R. 632. 6 [1915] 3 K.B. 106 at 118. 7 [1941] S.C.R. 419, [1941] 3 D.L.R. 593. 8 [1958] Ex. ...

Section 27(1) reads: " ‘27. (1) Where a corporation in a taxation year received a dividend from a corporation that (a) was resident in Canada in the year and was not, by virtue of a statutory provision, exempt from tax under this Part for the year, an amount equal to the dividend minus any amount deducted under subsection (2) of section 11 in computing the receiving corporation’s income may be deducted from the income of that corporation for the year for the purpose of determining its taxable income.” ... The allowance is described as an ‘‘upcharge’’ but neither the specific basis nor the actual amount appears; an estimate places it as the equivalent of 2 per cent of the cost of the goods sold. ...

Blakey (1867) L.R. 2 Q.B., 326 at p. 332. O’Connor v. Dunn (1877) 2 O.A.R. 247. ...

and (2) if it was so made, was such payment an allowable income expense or was it a capital outlay? ...

By an agreement dated January 2, 1952, he purchased the assets of the old company for a consideration which included payment of $225,000 and assumption of debts. ...

The sum of $717,532.72 was made up of two items: (1) the sum of $640,978.29 and (2) the total of the premiums for the respective years in the sum of $67,302.77, and other items not material hereto. ...

2. Does s. 75 of the Bankruptcy Act, supra, operate so as to enable the Court to make an effective order under s. 7 of the C.S.R.A. as above notwithstanding the fact that such order would be made after the effective date of a receiving order, that is to say the date of the petition in bankruptcy? ...