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Factors indicating that a particular receipt is a windfall include the following: a. the taxpayer had no enforceable claim to the payment, b. the taxpayer made no organized effort to receive the payment, c. the taxpayer neither sought after nor solicited the payment, d. the taxpayer had no customary or specific expectation to receive the payment, e. the taxpayer had no reason to expect the payment would recur, f. the payment was from a source that is not a customary source of income for the taxpayer, g. the payment was not in consideration for or in recognition of property, services, or anything else provided or to be provided by the taxpayer, and h. the payment was not earned by the taxpayer as a result of any activity or pursuit of gain carried on by the taxpayer and was not earned in any other manner.” ...

Pour la détermination du contrôle de droit d'une société par actions pour les fins de la Loi, il faut prendre en considération la loi sur les sociétés par laquelle est régie la société par actions, le registre des actionnaires, les statuts et règlements de la société par actions, et toute convention unanime des actionnaires. ...

L’analyse contextuelle de l’alinéa 88(1)c) et de l’article 132.2 permet également d’établir des différences importantes tant au niveau de la structure légale d’une SPCV et d’une FFCP que du traitement fiscal applicable à de telles entités, qui doivent être prises en considération indépendamment de la réalité économique qui pourrait avoir découlé de l’Échange Admissible pour la Filiale (footnote 1). ...

Cette déduction est prise en considération lors de l'établissement des réserves fiscales pour faire en sorte qu'il n'y ait pas dédoublement de la dépense. ...

For greater certainty, on the Amalgamation: (A) Holdco 1’s XXXXXXXXXX Opco Class A voting special shares were cancelled without any consideration. ... As consideration for the Daughter Amalco Shares, Newco will issue XXXXXXXXXX Newco Class A Special Shares having an aggregate FMV and redemption amount equal to the aggregate FMV at that time of the Daughter Amalco Shares so transferred to Newco on the Daughter Transfer. For the purposes of Act 1, the increase to the Stated Capital of the Newco Class A Special Shares that are issued to Daughter as consideration for the Daughter Amalco Shares, will equal the aggregate PUC of the Daughter Amalco Shares so transferred to Newco. ...

Interpretation The shares of the subsidiaries issued in consideration for the property comprising businesses A and B are deemed by section 54.2 of the Act to be capital property of Canco. ... ROUND TABLE ON FEDERAL TAXATION APFF- 1994 ANNUAL MEETING Question 32 Interest Bearing Note Issued on Redemption of Shares A corporation redeems its shares for cancellation and issues in consideration an interest bearing note. ... The Queen (94 DTC 1100) ("Dale"), counsel for the Department appeared to hold that a rollover would be allowable inasmuch as the shares in consideration were issued before the end of the taxation year in which the transfer was made. ...

The proceeds of the disposition of such interest in the policy will be determined in accordance with subsection 148(7) as the greater of the value of the interest; the FMV of the consideration given for the interest; and the adjusted cost basis of the interest to the holder of the policy immediately before the disposition of the policy. ... For greater certainty, the amount added to the stated capital account for the particular class of shares to be issued by that TC as partial consideration for the property it will receive on the distribution will not exceed the maximum amount that could be added to the aggregate PUC of such shares without a reduction taking place pursuant to subsection 85(2.1). 61. ...

“Transferred Shares” means the Corporation 17 Class XXXXXXXXXX shares having an aggregate FMV of approximately $XXXXXXXXXX that Newco Corporation 15 will transfer to Holdco 3 in consideration for non-share consideration equal to the ACB of the Class XXXXXXXXXX shares in Corporation 17 to be transferred to Holdco 3 and redeemable and retractable preference shares in Holdco 3 as described in Paragraph 47. ... Newco Corporation 15 will transfer the Transferred Shares to Holdco 3 in exchange for non-share consideration equal to the ACB of the Transferred Shares and redeemable and retractable preference shares in Holdco 3. ... Immediately after the transaction described in Paragraph 47, Holdco 3 will transfer the Transferred Shares to Corporation 20 in consideration for non-share consideration equal to the aggregate FMV of the Transferred Shares. ...

As consideration for the aggregate purchase price of the shares and debt receivables of Soldco 1, Soldco 2 and Soldco 3, Holdco 3 issued Holdco 3 Note to Subco in full and final satisfaction of the aggregate purchase price for all such property. ... (b) Holdco 2 will transfer its XXXXXXXXXX DC Class A Common Shares and XXXXXXXXXX DC Class B Preferred Shares to TC2, in exchange for TC2 issuing XXXXXXXXXX of its Class A Common Shares as sole consideration for the transfer, with an aggregate FMV equal to the aggregate FMV of the shares of DC so transferred. (c) Holdco 3 will transfer its XXXXXXXXXX DC Class A Common Shares and XXXXXXXXXX DC Class B Preferred Shares to TC3, in exchange for TC3 issuing XXXXXXXXXX of its Class A Common Shares as sole consideration for the transfer, with an aggregate FMV equal to the aggregate FMV of the shares of DC so transferred. 60. ...

Le XXXXXXXXXX, ACTIONNAIRE a souscrit à XXXXXXXXXX actions ordinaires du capital-actions de NOUCO 1 pour une considération de XXXXXXXXXX $ payée comptant et à XXXXXXXXXX actions de catégorie " C " du capital-actions de NOUCO 2 pour une considération de XXXXXXXXXX $ payée comptant. 25. ... Le XXXXXXXXXX, FIDUCIE a souscrit à XXXXXXXXXX actions ordinaires du capital-actions de NOUCO 2 pour une considération de XXXXXXXXXX $ payée comptant. 29. ...