Subsection 15(1)

the shareholder benefit from personal use of a corporate aircraft should reflect GAAP depreciation rather than CCA (25% d.b.) rates

reimbursing expenses for the wedding of a law firm partner’s daughter generated a taxable benefit

s. 15(1) benefit where sub is policyholder and premium payer and parent is beneficiary – but not for reverse

subscription for discretionary shares of Opco might represent a s. 15(1) benefit conferred by Opco on subscriber, or engage s. 69(1)(b) where this is benefit conferred by existing shareholder

any subjective intention of the controlling shareholder not to be enriched did not establish that no taxable benefit

valuation of “free” warrants issued as part of a simple farmout agreement determined based on what would be a s. 15(1) benefit

art used to decorate the office of a shareholder-employee generally does not generate a s. 15(1) benefit

determining the "normal rate of return" used in computing imputed rent

no immediate taxable benefit to a landlord-shareholder from improvements made to the leased building by the tenant-corporation

no s. 15(1) application to sale of assets of CFA2 to CFA1 at NBV preliminarily to wind-up