Magren Holdings Ltd v. Canada, 2024 FCA 202 -- attach -- Subsection 245(4)
it is an abuse of the capital gains system to recognize a capital gain increment to a CDA account when there was no net change in economic position
Subsection 245(4)
Harvard Properties Inc. v. The King, 2024 TCC 139 -- attach -- Subsection 245(4)
avoidance on a non-arm’s length relationship so as to avoid the application of s. 160 would be a GAAR abuse
10 October 2024 APFF Roundtable Q. 16, 2024-1028961C6 F - Modification de la règle générale anti-évitement -- attach -- Subsection 245(4)
summary of prior positions on the new GAAR with economic substance
10 October 2024 APFF Roundtable Q. 13, 2024-1027371C6 - Planification post mortem à la suite du décès du bénéficiaire d’une fiducie testamentaire exclusive au conjoint -- attach -- Subsection 245(4)
post-mortem planning to avoid double taxation is generally not abusive
4 June 2024 STEP Roundtable Q. 5, 2024-1003541C6 - Post-Mortem Planning and GAAR -- attach -- Subsection 245(4)
no GAAR issues re conventional pipelines and s. 164(6) loss carrybacks
ARQ v. Kone Inc., 2024 QCCA 678 -- attach -- Subsection 245(4)
repo produced results consistent with it not being a loan form of financing and with the policy behind exempt surplus dividends
DAC Investment Holdings Inc. v. The King, 2024 TCC 63, rev'd 2026 FCA 35 -- attach -- Subsection 245(4)
no abuse in avoiding CCPC status by continuing to BVI
29 April 2024 External T.I. 2024-1016011E5 - General Anti-Avoidance Rule -- attach -- Subsection 245(4)
capital gains crystallization transactions are not per se GAARable
Lark Investments Inc. v. The King, 2024 TCC 30 -- attach -- Subsection 245(4)
Crown required to plead its particular GAAR position/ no requirement to go to GAAR Committee
28 February 2024 Internal T.I. 2024-1008251I7 - IC 88-2 and new GAAR -- attach -- Subsection 245(4)
CRA will not change its GAAR positions in IC 88-2 and the Supplement as a result of the GAAR amendments
Pages
