See Also
Chow v. The Queen, 2011 DTC 1196 [at 1088], 2011 TCC 263
V.A. Miller J. found (at para. 27) that the seizure of approximately $110,000 of proceeds of drug trafficking at the taxpayer's apartment did not...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose | 77 |
Administrative Policy
S4-F2-C1 - Deductibility of Fines and Penalties
1.5 A person or public body may include, for example, a government or government agency, regulatory authority, court, tribunal or authorized...
Example 2
…In order to comply with its prescribed emission limit for a particular year, X Corp. purchases carbon offset credits. Such credits are...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - 101-110 - Section 106 - Subsection 106(1) | 57 | |
| Tax Topics - Income Tax Act - Section 256 - Subsection 256(7) - Paragraph 256(7)(b) | 93 |
10 July 2012 External T.I. 2012-0404711E5
administrative penalties imposed under Alberta's Climate Change and Emissions Management Act, which can only be settled in cash, are not...