Search - consideration

In making a determination as to whether a taxpayer has a reasonable expectation of profit, many factors have to be taken into consideration. ...

The shares of Pubco owned by Newco are cancelled for no consideration. 6. ...

Whether the activity carried on by Canco outside Canada is a qualifying activity described in paragraph 122.3(1)(b) of the Act is a question of fact, and a determination can only be made after consideration of all the relevant facts surrounding the particular circumstances. ...

XXXXXXXXXX We are not aware of what information the XXXXXXXXXX took into consideration in arriving at its settlement and what particular damages the $XXXXXXXXXX settlement was intended to cover. ...

A gift, for purposes of sections 110.1 and 118.1 of the Act, is a voluntary transfer of property without valuable consideration, from a donor, who must freely dispose of his or her property, to a donee, who receives the property given. ...

Trustees would thus have to review the trust indenture to ascertain whether there is an amount payable to a beneficiary in the particular taxation year under consideration. ...

It is a question of fact as to whether an amount such as that described in your letter, is received as consideration for the disposition of the individual’s stock option rights, or as damages for the individual’s loss of employment. ...

To determine whether expenditures incurred to eliminate the millennium bug are of a capital or current nature, consideration should be given to whether the expenditure was made with a view to bringing into existence an asset or advantage of enduring benefit. ...

Where an individual (“customer”) pays an amount to another individual (“agent”) as compensation for services rendered by the agent and the parties agreed that the agent would transfer a portion of that compensation to a registered charity named by the customer it is our view that the customer will have received valuable consideration from the agent in respect of that payment. ...

In our opinion, this will only occur where contributions have been made to the plan by or on behalf of an employer or former employer of an employee in consideration for services rendered by the employee or in some cases, where amounts have been contributed by a government. ...