Administrative Policy
27 January 2011 External T.I. 2010-0380081E5 - Trailing commissions
In response to a query as to whether a payment made for the transfer of brokerage clients in respect of whom trailer commissions were being...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 14 - Subsection 14(5) - Cumulative Eligible Capital | 72 |
Customer Lists
Cases
The Queen v. Farquhar Bethune Insurance Ltd., 82 DTC 6239, [1982] CTC 282 (FCA)
A payment of $75,000, made for a list of a general insurance operator's clientele in the area of fire and casualty insurance and his agreement not...
Aliments CA-MO Foods Inc. v. The Queen, 80 DTC 6043, [1980] CTC 75 (FCTD)
"So far as the purchase of a customer list is concerned, there is a long and nearly consistent line of authority holding that such an expense is...