Search - connection

In this connection, counsel for both the appellant and the respondent were in agreement that section 79 of the Act applied to determine, as far as the debtor is concerned, the tax consequences regarding only the extinguishment of the principal portion of the indebtedness. ...

4.04.3(1) According to the appellant, his investments in Mercerie Manic Inc were in the form of purchases of Mastercharge slips and cheques and direct deposits into the company account of money from the cashing of credit card slips and cheques and also from wages, interest, etc. 4.04.3(2) Regarding the financing of credit card slips, the system is described in paragraphs 3.07.1(a) through 3.07.1(g) in connection with purchases of merchandise in 1982. ...

In the course of its business he became involved with Quatsino and through that connection became acquainted with Dr. ...

Waterhouse's advice and knowledge of fiscal matters, the appellant persistently failed to keep a log or an accounting record of expenditures incurred in connection with any particular source of his alleged business activities. ...

I am satisfied that reasonable grounds existed for the appellant's belief that he had severed his connection with the Company as director and secretary-treasurer and concomitantly his responsibility for it when he placed his resignation in the hands of the Company's president and it was accepted by him. ...

With respect to the 1981 taxation year, the service connection fee in the amount of $57,307.36 and the soil testing fee of $363 were expenses on account of capital and the appellant's one-third share is not deductible to the appellant on current account in 1981. ...

The display units, obviously, are not specifically provided for in the list of property in this class, but they were nevertheless referred to in this connection by the witness (para. 3.02.5). 3.02.3 During the years in question, the prices of the display units ranged from $5 to $55. ...

Apparently an east-west road connection had been the subject of lobbying for some 30 years by diverse interest groups such as the Kimberley Bavarian Society, various Chambers of Commerce, logging interests and in more recent years, Kokanee Springs. ...

See also s. 139(1)(ae) of the Income Tax Act which includes as "personal and living expenses" and therefore not deductible for tax purposes, the expenses of properties maintained by the taxpayer for his own use and benefit, and not maintained in connection with a business carried on for profit or with a reasonable expectation of profit. ...

(b) One half of $38,000 ($19,000) in connection with the proceeds from the sale of a boat was to be allowed. ...