Administrative Policy
10 November 2004 External T.I. 2004-0077831E5 F - Biens à usage personnel
The taxpayer (Mr. X) accumulated over 35 years a collection of objects from an era out of a passion for objects from that era. Over the years, he...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 45 - Subsection 45(1) - Paragraph 45(1)(a) - Subparagraph 45(1)(a)(i) | offering personal collection on an auction site did not constitute a change of use | 118 |
| Tax Topics - Income Tax Act - Section 46 - Subsection 46(3) | selling off personal collection one-by-one on auction site did not engage s. 46(3) | 259 |