Cases
Stewart v. Canada, 2002 DTC 6969, 2002 SCC 46, [2002] 2 S.C.R. 645
The Court noted that this definition had a narrow scope.
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) | not tainted by capital gains motivation | 115 |
| Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Business | "business" has its broad common law definition | 95 |
| Tax Topics - Income Tax Act - Section 3 - Paragraph 3(a) - Business Source/Reasonable Expectation of Profit | no reasonable expectation of profit test if no personal element | 353 |
| Tax Topics - Statutory Interpretation - Deference to Parliament/ No judicial legislation | avoid judicial rule-making | 80 |
The Queen v. MacIntyre, 75 DTC 5240, [1975] CTC 429 (FCA)
Jackett, C.J. stated, obiter, that ordinary business premiums for fire insurance would fall within the scope of s. 18(1)(h).
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Start-Up and Liquidation Costs | 87 |