Words and Phrases - "timber limit"

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30 April 2008 External T.I. 2007-0252051E5 F - Commercial Woodlot - Timber Limit

Summary Under
Tax Topics - Income Tax Regulations - Regulation 1100 - Subsection 1100(1) - Paragraph 1100(1)(e)
standing timber on purchased land is a timber limit

In the context of a general response to a query regarding a taxpayer who was preparing to buy a woodlot, and then log the wood and sell it, CRA...

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Words and Phrases
timber limit