Search - 江西农大 毛瑢

Lot #314 Mr & Mrs Leo Paquette (Sept. 10, 1965 1,500.00 178.00 4. ... Lot #352 Erkki J Vilen & Selja Vilen (9. Lot #353 Erkki J Vilen & Selja Vilen (10. ... Lot #348 Martti Luhtala & Sarnia Luhtala Aug. 7, 1969 1,500.00 12. ...

Law — Cases at Law — Analysis 4.01 Law The main provisions of the Income Tax Act and the Income Tax Regulations involved in the present case are section 30 of the Income Tax Act and Clas 8 of Regulation XI, passed pursuant to paragraph 20(1)(a) of the Act. ... The cost of a paved road is not fully deductible in the year but is subject to capital cost allowance under Part XI (Class 1) — see Chapter 3. If you own land that is rented to a tenant and if you pay for constructing a road or installing tile drainage and have not previously charged these costs as expenses, then you may claim capital cost allowance under Part XI (Class 1 — 4%, if acquired before May 26, 1976; Class 17 — 8%, if acquired after May 25, 1976) on the cost of constructing the road, and (Class 8 — 20%) of the cost of tile drainage. 4.03.2 The Board shares the opinion of the respondent’s counsel. ...

The expenses that were disallowed were broken down as follows: EXPENSES 1973 1974 Meals $ 435.00 $ 585.00 Promotion 165.00 280.00 Automobile 969.70 1,002.03 Accounting 25.00 40.00 Office Supplies 353.00 425.00 TOTALS: $1,613.00 $2,086.52 Of these expenses, the accounting expenses were admitted to have been for the preparation of the appellant's income tax returns which are not deductible. ...

The Appellant, before applying or receiving the grant hereinafter referred to, employed personnel as follows: Winnipeg — approximately 80 employees Toronto — approximately 10 employees Calgary — approximately 6 employees 5. ... Pursuant to the entitlement of $151,501.32 referred to in paragraph 7 hereof, the appellant received during its 1971 taxation year the following amounts calculated as follows: (a) in respect of approved capital costs — $18,114.00 (b) in respect of 31 jobs, 80% of the approved amount 76,880.00 $94,994.00 9. ...

Il admet que le rajustement de + 20% est aussi en partie subjectif et basé sur ses années d’expérience en matière d’évaluation. c) Accès et forme: + 15% Les deux accès tant sur le boulevard Laure que sur la rue Smith, et celle de 430 pieds sur le principal artère (boulevard Laure), sa forme régulière de rectangle lui fait accorder au terrain sujet un plus value' de 15% sur le terrain de la Société Delta Inc. ... La forme en L (qui peut- être n’est pas un inconvénient pour un hotel) est désavantageux par rapport au terrain sujet en vue du meilleur usage qu’on veut en faire. d) Superficie: + 15% Le terrain sujet avec ses 93,000 pi ca avait la dimension idéale, selon M Renaud, pour usage le meilleur et le plus avantageux. Il a été souligné, entre autres, qu’un tel terrain aurait été trop petit pour une station de service dont la superficie idéale est 25,000 pi ca. 3.19 Tous ces rajustements donnent le résultat suivant: $2 + 55% soit (5% + 20% + 15% + 15%) $3.10. ...

Dominion Steel & Coal Corp Ltd v MNR, 16 Tax ABC 427; 57 DTC 147; 8. ... Southco Holdings & Management Ltd et al v MNR, [1975] CTC 2205; 75 DTC 162; 16. ... Indeed, the object of the transaction — French currency — is by its very nature a commercial object. ...

Mr Carson filed two financial statements relating to his law partnership — he has always been in partnership — and indicated that the criminal law practice provided a substantial source of income to the partnership. ... On page 2 he says: A $25,000 investment for / interest will give / of the net profit, plus / of the equity gained by reduction of the indebtedness of the Company plus / of any increase in value of the Hotel as a result of any increased turnover or inflation. ... That is where Mr Lloyd performed his function — in the licensed premises. ...

Contentions For the appellant: — Legal fees paid in respect of negotiating alimony and maintenance are deductible. — Since the payment of alimony and maintenance are taxable, any and all costs incurred by the taxpayer in an attempt to secure and collect taxable income are deductible. For the respondent: — The outlay or expense in the amount of $3,319 was a personal or living expense. — It was not made or incurred by the taxpayer for the purpose of gaining or producing income from a business or property. ... I also note that this case is similar to another recent decision — Rita Corbeil-Labelle v MNR, [1978] CTC 3226; 78 DTC 1982 — in which the Board upheld the position of the Minister that the legal costs incurred by the appellant had been made for the purpose of obtaining or establishing a right, not for the purpose of obtaining revenue therefrom. ...

Mr Overdyk submitted that his office chair was a wheelchair — it certainly fitted the dictionary descriptions as he read them — (a chair equipped with wheels). ... Counsel noted the reference in subparagraph 110(1)(e)(ii) of the Act to “remuneration for an attendant”, and that a separate section of the Act — 110(1)(c)(ix) — made provision for certain deductions for a “brace for a limb”. ... That is not the situation before the Board in this matter — this taxpayer has no such option — his illness is totally disabling unless he has external assistance of some kind. ...

Income Tax Act, RSC 1952, c 148 — 54(2) — Interest. The appellant deducted from his remittance of tax for 1969 (1) an amount levied as interest, and (2) an amount he claimed was an overpayment of tax in 1968. ... Income Tax Act, RSC 1952, c 148 — 85B(1)(d) — Special reserves — Real The appellant was incorporated in 1959 as a construction company and on the strength of borrowed money proceeded to erect an apartment building. ... The formula then becomes: Gross Profit,... x Amount of receivable — reserve Gross Selling Price less Mortgages Assumed In the instant matter, the evidence was that the modified formula was used. ...