Words and Phrases - "credit"
Vega International Car Transport and Logistic — Trading GmbH v. Dyrektor Izby Skarbowej w Warszawie, ECLI:EU:C:2019:412 (European Court of Justice, 8th Chamber)
Summary Under
Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Financial Service - Paragraph (g)a parent’s funding of fuel costs of subsidiaries was a provision of credit rather than a purchase and on-sale of the fuel
The business of the subsidiaries of Vega International included the transport of commercial vehicles from the manufacturer to customer....
North Shore Power Group Inc. v. Canada, 2018 FCA 9
no sum is credited to the purchaser if no sum is placed at its disposal
The appellant (“North Shore”) entered into contracts in 2010 with Menova Energy Inc. for the purchase of solar panels, under which it paid...
Words and Phrases
creditLocations of other summaries | Wordcount | |
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Tax Topics - Excise Tax Act - Section 231 - Subsection 231(1) | no bad debt credit under s. 231 for a s. 232 credit which becomes bad | 157 |
Canada v. Gillette Canada Inc., 2003 DTC 5078, 2003 FCA 22
Some of the shares held by the taxpayer in its French subsidiary were purchased for cancellation by the subsidiary in consideration for the...
Locations of other summaries | Wordcount | |
---|---|---|
Tax Topics - General Concepts - Payment & Receipt | replacement with different currency note | 60 |
Tax Topics - Income Tax Act - Section 15 - Subsection 15(2) | 150 |
La Compagnie Minière Québec Cartier v. M.N.R., 84 DTC 1348, [1984] CTC 2408 (TCC)
mere book entry not "crediting"
The taxpayer received demand loans from its U.S. parent which provided for the semi-annual payment of interest but provided that the taxpayer, on...
Words and Phrases
creditRichard Lewin Re: The J.J. Herbert Family Trust #1 v. The Queen, 2011 DTC 1354 [at 1979], 2011 TCC 476, aff'd 2013 DTC 5006 [at 5525], 2012 FCA 279 [but overridden by s. 214(3)(f)(i)(C)]
dividend payable but not yet paid
The taxpayer was a trustee for a family trust, which received a dividend in 2001 of over $2 million. The trust adopted an unconditional...
Words and Phrases
creditLocations of other summaries | Wordcount | |
---|---|---|
Tax Topics - Income Tax Act - Section 227 - Subsection 227(5) | 167 | |
Tax Topics - Statutory Interpretation - Expressio Unius est Exclusio Alterius | 144 |