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Expense- Financing Expenditures guarantee fees paid on construction financing were on capital account Substantial annual fees paid by a construction company to its shareholders or related individuals in consideration for their providing guarantees of bank loans used by the company to finance its construction work were payments on account of capital and, therefore, non-deductible. ...

Dorchester paid the taxpayer the lump sum of $75,000 in consideration for the taxpayer giving up its rights under the lease including the right to receive the remaining six annual rentals of $110,041 per year. ...

It was consideration for the cancellation of the unexercised Options. ...

Minister of National Revenue, 52 DTC 1014, [1951] CTC 304, [1952] 1 S.C.R. 123-- summary under Paragraph 56(1)(d) Summary Under Tax Topics- Income Tax Act- Section 56- Subsection 56(1)- Paragraph 56(1)(d) The consideration received by the taxpayer for the sale of his business included an "annuity" during his lifetime of $1,000 per month. ...

This cannot be established "unless the evidence on oath furnishes some facts as to the nature of the seized documents and their connection with the violation in question- rather than insulating such facts from the judge's consideration under statements as to the deponent's opinion. ...

Kipling granted world film rights for a 10-year period to Paramount Pictures Inc. for consideration of £8,000. ...

Kieboom, 92 DTC 6382, [1992] 2 CTC 59 (FCA)-- summary under Subsection 74.1(1) Summary Under Tax Topics- Income Tax Act- Section 74.1- Subsection 74.1(1) In finding that s. 74(1) applied to attribute dividend income to the taxpayer when he permitted his wife to subscribe for common shares of his private company for nominal consideration, Linden J.A. stated (p. 6386): "In my view, the phrase 'transfer of property' is used in this provision in a rather broad sense... ...

MNR, 67 DTC 551, [1967] Tax A.B.C. 780-- summary under Paragraph 12(1)(a) Summary Under Tax Topics- Income Tax Act- Section 12- Subsection 12(1)- Paragraph 12(1)(a) amount received in substance as deposit not recognized at that time A developer entered into an agreement with a purchaser of its building lots under which the purchaser (a builder) paid $120,000 to the taxpayer in consideration for the taxpayer granting an "option" to sell the building lots to the purchaser. ...

Repairs or Running Expense Property was leased for 60 years to a corporation ("Woodbine") for $180,000 payable on December 31, 1976 and the balance of the consideration of $180,000 payable on December 31, 1977. ...

Profit- Patents and Know-How The plaintiff granted a licence to the defendants for a period of five years to make and sell artificial legs pursuant to a patent of the plaintiff in consideration for a fixed sum of £3,000 (£1,000 down and the remainder by instalments). ...