Subsection 700(1)
Cases
Macmillan Bloedel Ltd. v. The Queen, 90 DTC 6219, [1990] 1 CTC 468 (FCTD)
Collier J. was satisfied that mortgages or advances made to assist employees in moving were made as part of the taxpayer's logging operations, and...
Locations of other summaries | Wordcount | |
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Tax Topics - General Concepts - Accounting Principles | 16 | |
Tax Topics - Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(e) | loss on forward contract to lock in Canadian dollar cost of U.S.-dollar borrowing was issue expense | 191 |
Tax Topics - Income Tax Act - Section 4 - Subsection 4(1) - Paragraph 4(1)(a) | interest on loans to customers was part of logging business | 39 |
Paragraph 700(1)(d)
Cases
Macmillan Bloedel (Alberni) Ltd. v. MNR, 73 DTC 5264, [1973] CTC 295 (FCTD)
The taxpayer transferred its logging operations to a subsidiary in consideration for an interest-bearing promissory note. Although the subsidiary...
Locations of other summaries | Wordcount | |
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Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(b) - Capital Expenditure v. Expense - Improvements v. Repairs or Running Expense | 75 |
See Also
Weyerhaeuser Company Limited v. The Queen, 2012 DTC 1132 [at at 3166], 2012 TCC 106
The taxpayer, an integrated forest products company, realized net capital gains from the disposition of two BC saw mills and a capital loss from...
Locations of other summaries | Wordcount | |
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Tax Topics - Statutory Interpretation - Legislative History | 318 |