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APPENDIX 1 Income Tax Act, R.S.C. 1985 c. 1 (5th Supp.) 84.1 (1) Where after May 22, 1985 a taxpayer resident in Canada (other than a corporation) disposes of shares that are capital property of the taxpayer (in this section referred to as the “subject shares”) of any class of the capital stock of a corporation resident in Canada (in this section referred to as the “subject corporation”) to another corporation (in this section referred to as the “purchaser corporation”) with which the taxpayer does not deal at arm’s length and, immediately after the disposition, the subject corporation would be connected (within the meaning assigned by subsection 186(4) if the references therein to “payer corporation” and to “particular corporation” were read as “subject corporation” and “purchaser corporation” respectively) with the purchaser corporation, 84.1 (1) Lorsque, après le 22 mai 1985, un contribuable qui réside au Canada (à l’exclusion d’une société) dispose d’actions qui sont des immobilisations du contribuable — appelées « actions concernées » au présent article — d’une catégorie du capital-actions d’une société qui réside au Canada — appelée « la société en cause » au présent article — en faveur d’une autre société — appelée « acheteur » au présent article — avec laquelle le contribuable a un lien de dépendance et que, immédiatement après la disposition, la société en cause serait rattachée à l’acheteur, au sens du paragraphe 186(4) si les mentions « société payante » et « société donnée » y étaient respectivement remplacées par « la société en cause » et « acheteur »: (a) where shares (in this section referred to as the “new shares”) of the purchaser corporation have been issued as consideration for the subject shares, in computing the paid-up capital, at any particular time after the issue of the new shares, in respect of any particular class of shares of the capital stock of the purchaser corporation, there shall be deducted an amount determined by the formula a) dans le cas où les actions de l’acheteur — appelées « nouvelles actions » au présent article — ont été émises en contrepartie des actions concernées, le montant calculé selon la formule suivante est déduit dans le calcul du capital versé, à un moment postérieur à l’émission des nouvelles actions, au titre d’une catégorie donnée d’actions du capital-actions de l’acheteur: (A- B) × C/A (A- B) × C/A where où: A is the increase, if any, determined without reference to this section as it applies to the acquisition of the subject shares, in the paid-up capital in respect of all shares of the capital stock of the purchaser corporation as a result of the issue of the new shares, A représente le montant correspondant à l’augmentation — conséquence de l’émission des nouvelles actions — du capital versé au titre de toutes les actions du capital-actions de l’acheteur, calculée sans que le présent article soit appliqué à l’acquisition des actions concernées, B is the amount, if any, by which the greater of B l’excédent éventuel du plus élevé des montants suivants: (i) the paid-up capital, immediately before the disposition, in respect of the subject shares, and (i) le capital versé au titre des actions concernées immédiatement avant la disposition, (ii) subject to paragraphs 84.1(2)(a) and 84.1(2)(a.1), the adjusted cost base to the taxpayer, immediately before the disposition, of the subject shares, (ii) le prix de base rajusté des actions concernées pour le contribuable immédiatement avant la disposition, sous réserve des alinéas (2)a) et a.1), exceeds the fair market value, immediately after the disposition, of any consideration (other than the new shares) received by the taxpayer from the purchaser corporation for the subject shares, and sur la juste valeur marchande, immédiatement après la disposition, de tout contrepartie, à l’exclusion des nouvelles actions, reçue de l’acheteur par le contribuable pour les actions concernées, C is the increase, if any, determined without reference to this section as it applies to the acquisition of the subject shares, in the paid-up capital in respect of the particular class of shares as a result of the issue of the new shares; and … C le montant correspondant à l’augmentation — conséquence de l’émission des nouvelles actions — du capital versé au titre de la catégorie donnée d’actions, calculée sans que le présent article soit appliqué à l’acquisition des actions concernées; … … 89 (1) In this subdivision, 89 (1) Les définitions qui suivent s’appliquent à la présente sous-section. paid-up capital at any particular time means, capital versé À un moment donné: (a) in respect of a share of any class of the capital stock of a corporation, an amount equal to the paid-up capital at that time, in respect of the class of shares of the capital stock of the corporation to which that share belongs, divided by the number of issued shares of that class outstanding at that time, a) à l’égard d’une action d’une catégorie quelconque du capital-actions d’une société, somme égale au capital versé à ce moment, relativement à la catégorie d’actions du capital-actions de la société à laquelle appartient cette action et divisé par le nombre des actions émises de cette catégorie qui sont en circulation à ce moment; (b) in respect of a class of shares of the capital stock of a corporation, b) à l’égard d’une catégorie d’actions du capital-actions d’une société: … … (iii) if the particular time is after March 31, 1977, an amount equal to the paid-up capital in respect of that class of shares at the particular time, computed without reference to the provisions of this Act except subsections 51(3) and 66.3(2) and (4), sections 84.1 and 84.2, subsections 85(2.1), 85.1(2.1) and (8), 86(2.1), 87(3) and (9), paragraph 128.1(1)(c.3), subsections 128.1(2) and (3), section 135.2, subsections 138(11.7), 139.1(6) and (7), 148(7), 192(4.1) and 194(4.1) and sections 212.1 and 212.3, … (iii) si le moment donné est postérieur au 31 mars 1977, somme égale au capital versé au moment donné au titre de cette catégorie d’actions, calculée compte non tenu des dispositions de la présente loi, à l’exception des paragraphes 51(3) et 66.3(2) et (4), des articles 84.1 et 84.2, des paragraphes 85(2.1), 85.1(2.1) et (8), 86(2.1) et 87(3) et (9), de l’alinéa 128.1(1)c.3), des paragraphes 128.1(2) et (3), de l’article 135.2, des paragraphes 138(11.7), 139.1(6) et (7), 148(7), 192(4.1) et 194(4.1) et des articles 212.1 et 212.3; … … 152 (1.11) Where at any time the Minister ascertains the tax consequences to a taxpayer by reason of subsection 245(2) with respect to a transaction, the Minister (a) shall, in the case of a determination pursuant to subsection 245(8), or (b) may, in any other case, determine any amount that is relevant for the purposes of computing the income, taxable income or taxable income earned in Canada of, tax or other amount payable by, or amount refundable to, the taxpayer under this Act and, where such a determination is made, the Minister shall send to the taxpayer, with all due dispatch, a notice of determination stating the amount so determined. 152 (1.11) Lorsque, par application du paragraphe 245(2), le ministre établit, à un moment, les attributs fiscaux d’un contribuable en ce qui concerne une opération, il doit, en cas de montant à déterminer conformément au paragraphe 245(8), ou peut, dans les autres cas, déterminer tout montant à prendre en compte pour calculer, en application de la présente loi, le revenu, le revenu imposable ou le revenu imposable gagné au Canada de ce contribuable ou l’impôt ou un autre montant payable par ce contribuable ou un montant qui lui est remboursable. ... In an effort to protect the assets of PWR, Perry and Shilo Wild implemented the corporate reorganization described below. 1245989 Alberta Ltd. (“1245”) was incorporated in Alberta on May 30, 2006 and on that date Perry Wild purchased 100 Class A common shares of 1245 for $100. 1251237 Alberta Ltd. (“1251”) was incorporated in Alberta on June 22, 2006 and on that date Shilo Wild purchased 100 Class A common shares of 1251 for $100. 1 st transfers: from Perry Wild and PWR to 1251 On June 1, 2007, Wild transferred 16.4 Class A common shares of PWR to 1251 for 348.5 Class C preferred shares of 1251, pursuant to s. 85 of the Act, as follows: the FMV of the 16.4 Class A common shares of PWR transferred by Perry Wild was $348,500 and their ACB and PUC was $16.40; the redemption amount of the 348.5 Class C preferred shares of 1251 was $1,000 per share or $348,500; Perry Wild and 1251 elected for Perry Wild’s proceeds of disposition (“POD”) of the 16.4 Class A common shares of PWR, his ACB of the Class C preferred shares of 1251 and 1251’s ACB in respect of the 16.4 Class A common shares of PWR to be $129,000; Perry Wild reported a capital gain of $128,984 on the transfer of the 16.4 Class A common shares of PWR and claimed the capital gains exemption in the same amount pursuant to s. 110.6 of the Act with the result that no tax was payable on the gain, and the PUC of the 348.5 Class C preferred shares of 1251 that Perry Wild received in consideration for the 16.4 common shares of PWR was reduced to $16.40 (the PUC of the transferred PWR shares) by operation of s. 84.1 of the Act. ... On June 7, 2007 PWR transferred land and depreciable property to 1245 for the assumption of $613,738 of PWR debt and 1,826.242 Class E preferred shares of 1245 pursuant to s. 85 of the Act, as follows: the FMV of the land and depreciable property transferred by PWR was $2,439,980 and its cumulative undepreciated capital cost was $1,509,652; the redemption amount of the 1,826.242 Class E preferred shares of 1245 was $1,000 per share or $1,826,242; PWR and 1245 elected that PWR’s POD and 1245’s ACB in respect of the land and depreciable property was $1,509,652; and the ACB and PUC of the 1,826.242 Class E preferred shares of 1245 that PWR received in consideration for the land and depreciable property of PWR became $895,914 by operation of sections 85(1) and 85(2.1) of the Act. ...

The quantum and form of remuneration would depend on the qualifications of the teacher candidate and other considerations such as the needs of the School. ... On balance, I find that a consideration of the “level of control” factor is more consistent with the teachers being employees than being independent contractors. ... A consideration of this factor is more consistent with an employer‑employee relationship than it is with the relationship of an independent contractor. ...

Consideration of the issues raised on the appeal Did the Tax Court err in finding that the swap transactions were part of a series of transactions? ... Consideration of the issue raised on the cross appeal Did the Tax Court err when interpreting the phrase "directly or indirectly" contained in the definition of "advantage" found in paragraph 207.01(1)(b) of the Act? ... I reach this conclusion for the following reasons. [55]   First, I accept the Crown’s submission that the term “reasonable to consider” simply requires an objective consideration of all of the relevant circumstances when determining whether an increase in the fair market value of a TFSA is directly or indirectly attributable to a transaction or event or a series of transactions or events. ...

Those factors include the timeliness of the motion to amend; the extent to which proposed amendment may delay the proceeding; reliance on the contents of the document by the responding party, and prejudice to that party; whether the amendments will facilitate the court’s consideration of the truth and substance of the dispute on its merits; whether any injustice to the other party is capable of being compensated by an award of costs; and whether the interests of justice will be served: see Janssen, at paras 3-9 and 15-17. ... Under such a test, inadvertence, error, hastiness, lack of knowledge of the facts, discovery of new facts, and timeliness of the motion to amend become factors to be taken into consideration in deciding whether or not the circumstances show that there is a triable issue which ought to be tried in the interests of justice”: at para 13. ... Canada, [1994] 1 FC 3, at p. 10: while it is impossible to enumerate all the factors that a judge must take into consideration in determining whether it is just, in a given case, to authorize an amendment, the general rule is that an amendment should be allowed at any stage of an action for the purpose of determining the real questions in controversy between the parties, provided, notably, that the allowance would not result in an injustice to the other party not capable of being compensated by an award of costs and that it would serve the interests of justice. ...

Wu, the CRA auditor, in the Minister’s consideration of their First and Second Requests compromised the impartiality of the Minister’s second review and gives rise to a reasonable apprehension of bias. ... There was no common misapprehension as to the parties’ respective rights, only as to the tax consequences of the transactions, and no equitable considerations warranting relief. ... The starting point for the delegate’s consideration of the Second Request was subsection 85(7.1). ...

An arrangement is not automatically brought within subsection 245(1) simply because it is motivated by tax considerations. ... Neither are we to contradict what Parliament has chosen to do in the face of a plainly worded section and with the evidence of obvious Departmental consideration and specific legislative amendment. ... Fording acknowledged that tax considerations motivated the seeding transaction, but that fact in and of itself is not enough to support a finding that an undue or artificial reduction of income occurred. ...

The need for speed and efficiency affects the necessity analysis. [55] Third, sometimes the nature and practical exigencies of a proceeding can affect the admissibility of evidence and, in particular, the Court’s evaluation of necessity. [31] In my view, Facebook’s argument lacks consideration for streamlining and efficiency. ... The test for an extension of time requires consideration of the merits of Facebook’s application, which cannot be done during a motion to strike. ... Yet ultimately, Facebook’s request for an extension necessitates a balancing exercise and a consideration of the merits of its claim that do not seem proper in the forum of a motion to strike. ...

., in delivering the opinion of the court after full consideration in Higgins v. ... Justice Gonthier's consideration of the constitutionality of paragraph 88(1)(c) under section 12 of the Charter was specifically limited to prohibitions under only one subparagraph out of the ten sections which could lead to driving prohibitions or to driver's licence suspensions. ... The majority reasons for judgment in the Goltz case require that we confine our consideration of the constitutionality of subsection 223(2) to the precise circumstances of International Electronics Corporation or to a case that could be said to arise through a similar application of subsection 223(2) in ''reasonable hypothetical circumstances" to a corporation which had made a designation in respect of a share or debt obligation of the corporation and so had invoked the necessity to pay Part VIII tax. ...

The transferee’s liability is limited to the excess of the fair market value of the property transferred over the fair market value of the consideration given for the property. [3] The prime issue turns on the calculation of the transferor’s tax liability for the year of the transfer and prior years. ... FACTS [8] On January 3, 2003, a non-arm’s length corporation, 1473661 Ontario Inc. (661 or the transferor), transferred to the appellant an amount of $998,460 for no consideration. ... I accept that subsection 160(1) can be seen as harsh in many respects (Canada v. 9101-2310 Québec Inc., 2013 FCA 241 at para. 60), but the liability to which the transferee is exposed under that provision can never exceed the difference between the fair market value of the property transferred and the fair market value of the consideration given. ...

The Applicant’s request was submitted for consideration by the Appeals Officer after she had been advised by the Applicants’ counsel that no further submissions would be made and she was instructed to proceed with reassessments on the basis of the agreements reached between the parties. ... Little dated November 26, 1996 specifically requested consideration under the fairness package legislation for waiver of interest which was to be reassessed, Ms. ... Little was not asking the Minister to delay consideration of his request for waiver of interest until such time as the new reassessments were issued. ...