Bennett and White v. The King, 49 DTC 514,  CTC 1,  S.C.R. 287
Before finding that guarantee fees were non-deductible by virtue of s. 6(b) of the Income War Tax Act, Locke J. noted that that provision did not...
|Locations of other summaries||Wordcount|
|Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Financing Expenditures||guarantee fees paid on construction financing were on capital account||82|
|Tax Topics - Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c)||guarantee payments not interest||56|