27 October 2020 CTF Roundtable Q. 1, 2020-0860991C6 - ACB increase due to misalignment of ACB -- attach -- Subsection 245(4)
duplication of ACB is abusive
Subsection 245(4)
15 September 2020 IFA Roundtable Q. 6, 2020-0853561C6 - Subsection 212.3(9) & The GAAR -- attach -- Subsection 245(4)
circular transactions to effect a s. 212.3(9)(b)(ii) PUC reinstatement abused that provision
The Gladwin Realty Corporation v. Canada, 2020 FCA 142 -- attach -- Subsection 245(4)
generating and utilizing a CDA increase whose subsequent reversal would never matter was abusive
Rogers Enterprises (2015) Inc. v. The Queen, 2020 TCC 92 -- attach -- Subsection 245(4)
taking full credit to the CDA for insurance proceeds received, notwithstanding a positive ACB of the policyholder, reflected the policy of the CDA text
MMV Capital Partners Inc. v. The Queen, 2020 TCC 82, rev'd 2023 FCA 234 -- attach -- Subsection 245(4)
no GAAR abuse in acquiring an approximate 100% interest in a Lossco but with no change of de jure control
7 July 2010 External T.I. 2010-0370611E5 F - Purchase of Shares by Subsidiary - Sec. 245 -- attach -- Subsection 245(4)
position that an individual potentially can realize a capital gain by selling shares to a Newco sub of the corporation for cash does not depend on there being a s. 87 or 88 merger of Newco and the corporation
Canada v. Alta Energy Luxembourg S.A.R.L., 2020 FCA 43, aff'd 2021 SCC 49 -- attach -- Subsection 245(4)
object and spirit of Lux Treaty was no broader than its words
8 October 2010 Roundtable, 2010-0373621C6 F - Utilisation abusive des fiducies familiales -- attach -- Subsection 245(4)
examples of the abusive use of family trusts engaging GAAR
8 October 2010 Roundtable, 2010-0373221C6 F - Paid-up capital -- attach -- Subsection 245(4)
CRA has concluded in some cases that using PUC averaging to shift PUC to individual shareholders engages GAAR
3 December 2019 CTF Roundtable Q. 13, 2019-0824491C6 - Triangular Amalgamation -- attach -- Subsection 245(4)
GAAR may apply to the use of a “Midco” to step up the tax basis of a target investment on a triangular amalgamation
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