agreement

Summary Under
Tax Topics - Income Tax Act - Section 56.1 - Subsection 56.1(4) - Support Amount
“agreement” must correspond “to the reality of a situation of shared financial and parental responsibilities and … [be] a valid contract … creating mutual obligations”

After finding that a letter signed by the two separated spouses did not constitute an “agreement” for purposes of the “support amount” and...

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Words and Phrases
agreement
Summary Under
Tax Topics - Income Tax Act - Section 7 - Subsection 7(3) - Paragraph 7(3)(b)
discretionary share bonus plans have no s. 7 agreement unless there is delayed vesting

In response to several enquiries from auditors on the meaning of “agreement” for the purposes of ss. 7 and 110(1)(d), the Directorate first...

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Words and Phrases
agreement

Transalta Corporation v. The Queen, 2012 DTC 1106 [at at 3044], 2012 TCC 86 -- summary under Paragraph 7(3)(b)

Full Title
Transalta Corporation v. The Queen, 2012 DTC 1106 [at at 3044], 2012 TCC 86
Summary Under
Tax Topics - Income Tax Act - Section 7 - Subsection 7(3) - Paragraph 7(3)(b)
no bilateral agreement to pay bonuses only in shares

Near the beginning of each year, the taxpayer would notify each of its executives that an award of units (within a specifed range) would be made...

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Words and Phrases
agree
agreement

Mansfield v. The Queen, 83 DTC 5136, [1983] CTC 97 (FCTD), aff'd 84 DTC 6535, [1984] CTC 547 (FCA) -- summary under Paragraph 7(1)(a)

Full Title
Mansfield v. The Queen, 83 DTC 5136, [1983] CTC 97 (FCTD), aff'd 84 DTC 6535, [1984] CTC 547 (FCA)
Summary Under
Tax Topics - Income Tax Act - Section 7 - Subsection 7(1) - Paragraph 7(1)(a)

In 1972, the taxpayer and other employees of a private company were offered convertible debentures of their employer which, in the case of the...

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Words and Phrases
agree
agreement

Hovasse v. The Queen, 2011 DTC 1115 [at at 622], 2011 TCC 143 (Informal Procedure) -- summary under Support Amount

Full Title
Hovasse v. The Queen, 2011 DTC 1115 [at at 622], 2011 TCC 143 (Informal Procedure)
Summary Under
Tax Topics - Income Tax Act - Section 56.1 - Subsection 56.1(4) - Support Amount

When a married couple separated, the husband's support payments made pursuant to their "summary of mediated agreements" were deductible. The...

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Words and Phrases
agree
agreement

McAnulty v. The Queen, 2001 DTC 942 (TCC) -- summary under Paragraph 110(1)(d)

Full Title
McAnulty v. The Queen, 2001 DTC 942 (TCC)
Summary Under
Tax Topics - Income Tax Act - Section 110 - Subsection 110(1) - Paragraph 110(1)(d)
unauthorized grant of rights

The time at which the taxpayer's employer agreed to issue shares to her was the time at which the president called her to his desk and told her...

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Words and Phrases
agree
agreement

R. v. Kakfwi, 99 DTC 5639, [1999] 4 CTC 264 (FCA) -- summary under Section 90

Full Title
R. v. Kakfwi, 99 DTC 5639, [1999] 4 CTC 264 (FCA)
Summary Under
Tax Topics - Other Legislation/Constitution - Federal - Indian Act - Section 90

In finding that s. 90 did not apply to salary paid to an Indian band chief pursuant to a federal funding program known as Band Support Funding,...

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Words and Phrases
agree
agreement
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