Section 79.1

Subsection 79.1(2) - Seizure of property

Locations of other summaries		Wordcount
Tax Topics - General Concepts - Ownership	beneficial ownership in patents	434
Tax Topics - Income Tax Regulations - Regulation 1102 - Subsection 1102(1) - Paragraph 1102(1)(c)	patents were acquired for future joint venture use	202

In response to a submission that s. 79.1 should apply where the property seized by a creditor includes shares of the debtor or a partnership...

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Locations of other summaries		Wordcount
Tax Topics - General Concepts - Ownership	incidents of ownership	168

Section 69(1) does not apply where ss.79(3) and 79.1(6) determine respectively the proceeds of disposition and cost of a surrendered property.

Locations of other summaries		Wordcount
Tax Topics - Income Tax Act - Section 80 - Subsection 80(1) - Forgiven Amount		19
Tax Topics - Income Tax Act - Section 80.01 - Subsection 80.01(8)		19

"Although subsection 79.1(6) of the Act refers to a property seized by a creditor 'in respect of one or more debts', it is our opinion that it...

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What constitutes an “outlay or expense made or incurred … by the creditor at or before that time [of the seizure] to protect the creditor’s...

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Locations of other summaries		Wordcount
Tax Topics - Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(14) - Paragraph 110.6(14)(f) - Subparagraph 110.6(14)(f)(ii)	application of 24-month test where assets of business transferred to partnership of individuals, transferred to corporation under s. 95(2), partnership wound-up under s. 98(3) and shares sold	523