Words and Phrases - "abusus"

a
87
b
44
c
77
d
51
e
38
f
31
g
18
h
14
i
74
j
2
k
2
l
32
m
56
n
25
o
38
p
80
q
3
r
76
s
90
t
46
u
16
v
9
w
23
y
2

Larose v. MNR, 92 DTC 2055, [1992] 2 CTC 2339, [1992] 1 CTC 2667

Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Disposition
disposition where abusus (right to dispose) of a building was transferred

Before finding that the taxpayer had disposed of buildings, Tremblay TCJ stated (at para. 4.03.10) that under the English version of s. 248(3) “the concept of ‘beneficial ownership’ is closely bound up with the abusus held in respect of a property, which is to say the right to dispose of the property as the holder sees fit,” and stated that here “it is clear that the abusus in respect of the buildings sold was transferred.”

Words and Phrases
abusus