Search - contravention

You ask if the payment from such income of the following items would cause someone other than the spouse to be entitled to receive some of the income of the trust in contravention of subparagraph 73(1)(c)(i): (a) trustee's fees; (b) lawyer's and accountant's fees; or (c) taxes payable by the trust as a result of a subsection 104(13.1) designation. 2. Where an expenditure is not deductible in arriving at the income of the trust (e.g., a realtor's fees incurred on the acquisition of a building), you ask if the payment of that expenditure from the capital of the trust would cause someone other than the spouse to obtain the use of any income or capital of the trust in contravention of subparagraph 73(1)(c)(ii) of the Act. ...

XXX Notwithstanding the XXX arguments, XXX and there was, therefore, a contravention of paragraph 146(2)(c.4). ...

Our Comments In our view, where an organization that has non-profit status reacquires memberships or, as in the case of a stock exchange, seats at an amount greater than cost and the reacquisition is not financed out of capital gains of the organization it would be making income available to its members in contravention of paragraph 149(1)(l) of the Income Tax Act. ...

The cases involved allegations of a contravention of applicable Human Rights legislation. ...

The Council ordered the payment of the following amounts: (a) XXXX as compensation for wages lost by the taxpayer as a result of the contravention; and (b) XXXX in respect of humiliation and embarrassment. ...

If the monies are found to be other income includable under section 56 of the Act, XXX will not be in contravention of Regulation 6801 of the Act. ...

Accordingly, since the Issuer described in each of the above situations pays (or credits) the cash bonuses or premium interest rates directly to the RRSPs (as opposed to paying these directly to the annuitants under the RRSPs) there is no contravention of the provisions of paragraph 146(2)(c.4) of the Act. ...

As a result, any relief extended to this class of taxpayer would be in direct contravention to the Income Tax Act. ...

./1974, R-11; (c) run with the land and be binding on the landowner and his successors in title; (d) be enforceable by injunction to restrain any use in contravention of the covenant. ...

As a result, any relief extended to this class of taxpayer would be in direct contravention to the Income Tax Act. ...