Cases
Nussey v. Canada, 2001 DTC 5240, 2001 FCA 99
The two sons of the taxpayer had transferred to him shares of a family corporation. The shareholders' agreement provided that, on the death of a...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - General Concepts - Effective Date | agreed retroactive redemption date was ineffective | 81 |
| Tax Topics - Income Tax Act - Section 70 - Subsection 70(5) | 112 |
See Also
Pitt v. Commissioners for HM Revenue and Customs, [2013] UKSC 26, [2013] WLR (D) 172
The claimant had settled the moneys received as damages for injury to her husband on a discretionary trust of which she and others were trustees. ...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - General Concepts - Rectification & Rescission | mistake re tax consequences justified rescinding settlement of trust | 176 |
McLeod v. The Queen, 97 DTC 777, [1997] 1 CTC 2515 (TCC)
The taxpayers' position was that a sale by them of shares to a company owned by their son and his wife should be treated for taxation purposes as...