Words and Phrases - "apparent contract"
5 April 2013 External T.I. 2012-0471151E5 F - Binding Agreement
side letter would not reduce owner’s entitlement to rents from property if not entered into at same time as property acquisition
Opco, which acquires an immovable, shortly thereafter agrees with an unrelated individual to pay 40% of the annual net rental income to the...
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Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Incurring of Expense | counter letter payments non-deductible because Quebec counter letter entered into after apparent letter | 239 |