Words and Phrases - "beneficiary"
15 June 2021 STEP Roundtable Q. 7, 2021-0879021C6 - Subsection 107(2)
2nd trust whose beneficiaries were named beneficiaries of 1st trust was not itself a beneficiary
Having regard to the approaching 21-year anniversary, the trustees of a resident discretionary family trust of which only the children are...
Words and Phrases
beneficiary| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - 101-110 - Section 107 - Subsection 107(2) | a trust with children beneficiaries could not roll-out property under s. 107(2) to a trust for the benefit of those children | 271 |
Canada v. Propep Inc., 2010 DTC 5088 [at 6882], 2009 FCA 274
Summary Under
Tax Topics - Income Tax Act - Section 256 - Subsection 256(1.2) - Paragraph 256(1.2)(f)potential beneficiary was a beneficiary
The taxpayer was owned by another corporation (9059) which, in turn, was owned by a Quebec trust whose first-ranking beneficiary was 9059, and...
Words and Phrases
beneficiary| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - 101-110 - Section 108 - Subsection 108(1) - Income Interest | 28 | |
| Tax Topics - Income Tax Act - Section 248 - Subsection 248(25) | potential beneficiary was a beneficiary | 284 |