24 March 2003 Internal T.I. 2002-0177587 F - XXXXXXXXXX EN CONSIGNATION PERTE -- attach -- Timing
loss when inventory disappears is deducted when the loss is discovered
Timing
9 January 2004 External T.I. 2003-0049195 F - Winding Up or a Contractor Subco -- attach -- Timing
exclusion of contract holdbacks and unapproved invoices from construction contractor’s income is unaffected on s. 88(1) wind-up and flows through to parent
7 June 2022 External T.I. 2019-0796641E5 - Stock options issued to a corporation -- attach -- Timing
stock options may not generate business income until they vest
26 April 2005 External T.I. 2004-0107761E5 F - Aide à domicile/SAAQ -- attach -- Timing
amount not business income until the entitlement thereto was determined
7 June 2005 External T.I. 2005-0121921E5 F - Paiement à un emphytéote -- attach -- Timing
notwithstanding Canderel, tenant inducement payment must be amortized under matching principle if incurred for specific purposes of producing identifiable future revenue
29 June 2006 External T.I. 2006-0169231E5 F - Revenu de location -- attach -- Timing
rents levelled under GAAP were required under s 9 to be recognized as the amounts became receivable
6 December 2006 External T.I. 2005-0163291E5 F - Résiliation d'une entente contractuelle -- attach -- Timing
lump sum payment for termination of services contract likely fully deductible when paid
10 January 2008 External T.I. 2005-0139681E5 F - Dépenses reportées à une année ultérieure -- attach -- Timing
expense generally is deductible when incurred if it generates both current and future benefits
Leonard v. The Queen, 2021 TCC 33, rev'd 2022 FCA 195 -- attach -- Timing
cost of mortgage debt acquired as adventure not deductible when expended
Paletta Estate v. The Queen, 2021 TCC 11, rev'd 2022 FCA 86 -- attach -- Timing
straddle trade losses recognized consistently with Friedberg
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