Section 2.1
Articles
Daniel Frajman, "Update on Beneficial Ownership Transparency under the CBCA, Ontario, and Quebec Models", Tax Topics, No. 2602 (Wolters Kluwer), 18 January 2022, p. 1
Legislative framework (p.1)
- Ss. 2.1, 21.1 and 21.3 of the Canada Business Corporations Act, and various provisions of the Quebec Legal Publicity...
Section 21.303
Articles
STEP Canada, "Re: Bill C-42, Canada Business Corporations Act amendments (public disclosure of the beneficial ownership register)", 21 February 2024 submission to Genevieve Gobeil, Acting Senior Policy Manager, Innovation, Science and Economic Development Canada
- Since January 2024, the on-line corporate register for federally incorporated (CBCA) companies. has been posting the names of individuals who are...
Section 209
Subsection 209(6)
Cases
Canada (Attorney General) v 18335898 Alberta Ltd (Whitecap Energy Inc), 2023 ABKB 357
The defendant (“Whitecap Energy”) was an Alberta corporation which had been wound up into its sole shareholder (“Whitecap Resources”) and...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 160 - Subsection 160(1) | CRA could revive a corporation for the purpose of assessing it in order to make a s. 160 assessment of the shareholder | 141 |
Section 226
Subsection 226(2)
See Also
Delia v. Agence du revenu du Québec, 2018 QCCQ 9487
The appellant (“Delia”) had been the sole shareholder and director of a corporation (“Motostar”) engaged in a recreational vehicle sales...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Excise Tax Act - Section 323 - Subsection 323(3) | there was no lack of diligence of the director in considering that the accounts accurately reflected no QST payable | 401 |
| Tax Topics - Income Tax Act - Section 227.1 - Subsection 227.1(3) | director exercised due diligence in relying on the accuracy of company accounts | 251 |
| Tax Topics - Excise Tax Act - Section 323 - Subsection 323(1) | assessment could be made of director for unremitted QST even though assessment therfor of dissolved corporation was void | 379 |
| Tax Topics - Income Tax Act - Section 152 - Subsection 152(1) | dissolved corporation could not be assessed for QST assessed pursuant to an audit that commenced after its dissolution | 222 |
| Tax Topics - Excise Tax Act - Section 296 - Subsection 296(1) | QBCA did not provide that audit or other proceedings could be commenced against a dissolved corporation | 129 |
ARQ v. Wesdome Gold Mines Ltd., 2018 QCCA 518 (Queb. C.A.)
Godbout J below had found that the assessment for each the two years of a corporation ("Wesdome") was invalid “as the Agency had not addressed...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 66.1 - Subsection 66.1(6) - Canadian exploration expense - Paragraph (f) - Subparagraph (vi) | successful exploration from mine that had ceased commercial production did not extend a mine | 612 |
| Tax Topics - Income Tax Act - Section 152 - Subsection 152(1) | a reassessment of a wound-up and dissolved sub bound its parent | 439 |
Section 238
Cases
The Queen v. Sands Motor Hotel Ltd., 84 DTC 6464, [1984] CTC 612 (Sask QB)
The federal Crown was granted status as a complainant under the Saskatchewan equivalent of s. 238 of the CBCA.
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 222 - Subsection 222(1) - Tax debt | taxpayer insolvent in light of unassessed tax liability | 106 |