Cases
Leriche v. The Queen, 2010 TCC 416, 2010 DTC 1279 at 3940.
The taxpayer was an insurance sales representative on commission. He deducted various expenses under s. 8(1)(f) including costs for supplies and...
Rich v. Canada, 2003 DTC 5115, 2003 FCA 38
Before finding that the taxpayer was entitled to an allowable business loss with respect to the loan he made to a company of which he was a...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 39 - Subsection 39(1) - Paragraph 39(1)(c) | 159 | |
| Tax Topics - Income Tax Act - Section 40 - Subsection 40(2) - Paragraph 40(2)(g) - Subparagraph 40(2)(g)(ii) | subordinate income-producing purpose sufficient | 122 |
| Tax Topics - General Concepts - Purpose/Intention | subordinate purpose sufficient | 45 |
See Also
Kelly v. The Queen, 2012 DTC 1109 [at at 3055], 2012 TCC 66
Sheridan J. permitted the deduction of the taxpayer's rental losses from the studio apartment she had purchased in a condominium near a ski...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - General Concepts - Evidence | 156 | |
| Tax Topics - Income Tax Act - Section 3 | 252 |
Génier v. The Queen, 2011 DTC 1058 [at at 317], 2011 TCC 641
The taxpayer's retirement home business failed. Even though she was actively trying to sell the property (listing with several different...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Start-Up and Liquidation Costs | 114 |