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Andrews reviewed and considered relevant for establishing her assessing position. ...

Relevant Case Law on Subsection 97(2) and ACB of Partnership Interest [18]   The correctness of the specific interpretation of subsection 97(2) adopted by the Appellant in this case does not appear to have been judicially considered previously. ...

Rondeau participated in a simulation, which is the issue that needs to be considered when addressing the second issue. ...

The net result is that the Appellant will be considered to have given consideration equal to 26.21% of all of the amounts remaining in issue (after taking into account the concessions made by the Appellant) for the payments he received from Global. ...

., 2014 SCC 53, [2014] 2 S.C.R. 633 (“ Sattva ”). [34] There, the Court explained the role of the surrounding circumstances in the interpretation of a contract, as follows: While the surrounding circumstances will be considered in interpreting the terms of a contract, they must never be allowed to overwhelm the words of that agreement (Hayes Forest Services, at para. 14; and Hall, at p. 30). ...

This can also be considered a correct or reasonable analytical approach. ...

Since Alta Luxembourg concedes that there was a tax benefit and an avoidance transaction, the relevant provision is subsection 245(4) of the Act: (4) Subsection (2) applies to a transaction only if it may reasonably be considered that the transaction (4) Le paragraphe (2) ne s’applique qu’à l’opération dont il est raisonnable de considérer, selon le cas: (a) would, if this Act were read without reference to this section, result directly or indirectly in a misuse of the provisions of any one or more of a) qu’elle entraînerait, directement ou indirectement, s’il n’était pas tenu compte du présent article, un abus dans l’application des dispositions d’un ou de plusieurs des textes suivants: (i) this Act, (i) la présente loi, (ii) the Income Tax Regulations, (ii) le Règlement de l’impôt sur le revenu, (iii) the Income Tax Application Rules, (iii) les Règles concernant l’application de l’impôt sur le revenu, (iv) a tax treaty, or (iv) un traité fiscal, (v) any other enactment that is relevant in computing tax or any other amount payable by or refundable to a person under this Act or in determining any amount that is relevant for the purposes of that computation; or (v) tout autre texte législatif qui est utile soit pour le calcul d’un impôt ou de toute autre somme exigible ou remboursable sous le régime de la présente loi, soit pour la détermination de toute somme à prendre en compte dans ce calcul; (b) would result directly or indirectly in an abuse having regard to those provisions, other than this section, read as a whole. b) qu’elle entraînerait, directement ou indirectement, un abus dans l’application de ces dispositions compte non tenu du présent article lues dans leur ensemble. ...

Datu testified that all of the expenses were considered valid; Mr. Tong had provided her with receipts for the various expenses and the salary expense claimed matched the T4s issued to Mr. ...

Some of the additional factors that might be considered were identified by Justice Bowman in Continental Bank Leasing Corp. v. ...

., 2019 SCC 4, [Metro Vancouver] at para 4. [57]   Blue Bridge also suggests that the CRA has admitted that in the case of a discretionary trust, a person is considered a beneficiary only when he or she directly or indirectly receives a discretionary distribution from the trust. [58]   A decision from the Administrative Court of Appeal of Paris has allegedly also recognized that the assets of an Anglo-Saxon trust are separate from   the asset base of the beneficiary, in addition to confirming that the trustee is the one who has ownership of the trust’s assets: Administrative Court of Appeal, No. 16PA01660, Paris, October 12, 2017. ...