See Also
Taylor v. The Queen, 2014 DTC 1108 [at at 3229], 2014 TCC 102 (Informal Procedure)
The taxpayer had discretion as to when and in what amount to withdraw from her RRSP. Woods J found that the taxpayer's decision to make annual...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 118 - Subsection 118(7) - Pension Income | periodic discretionary withdrawals ≠ periodic amount | 59 |
Short v. R., 99 DTC 1146, [1999] 4 CTC 2085 (TCC)
The taxpayer was assigned by his father an annuity paying $5,500 of interest annually and with an original term of 20 years. The taxpayer later...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 56 - Subsection 56(1) - Paragraph 56(1)(d) | 111 |
Scott Estate v. The Queen, 88 DTC 6012 (FCTD)
A lump sum payment in commutation of amounts owing under income-averaging annuity contracts did not constitute a payment under a "life annuity",...
Words and Phrases
life annuity| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Disposition | 23 |