Words and Phrases - "in the course of a commercial activity"

a
85
b
44
c
76
d
50
e
38
f
31
g
18
h
14
i
72
j
2
k
2
l
32
m
55
n
25
o
38
p
79
q
3
r
76
s
89
t
46
u
15
v
9
w
22
y
2

President's Choice Bank v. The Queen, 2022 TCC 84, rev'd 2024 FCA 135

Summary Under
Tax Topics - Excise Tax Act - Section 181 - Subsection 181(5)
a credit card company incurred the obligation to redeem loyalty points in the course of its exempt credit card business

A corporation (“PC Bank”) in the Loblaw group, whose business was to grant credit through the operation of a MasterCard program, obtained the...

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Words and Phrases
in the course of a commercial activity
Locations of other summaries Wordcount
Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Financial Service - Paragraph (r.3) automated credit and fraud processing services provided to credit card company were excluded under para, (r.3) 263
Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Financial Service - Paragraph (t) automated credit and fraud monitoring services were likely excluded under para. (t) 189