Words and Phrases - "carried on business"

a
85
b
44
c
76
d
50
e
38
f
31
g
18
h
14
i
73
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

20 July 2004 External T.I. 2004-0062031E5 F - Actif utilisé dans entreprise exploitée activement

Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Business
an adventure is not “carried on” if there is insufficient activity

A corporation owned a large area of vacant land in Canada (for instance, in an industrial park) and, as the corporation wished to locate in the...

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Words and Phrases
carried on business
Locations of other summaries Wordcount
Tax Topics - Income Tax Act - 101-110 - Section 110.6 - Subsection 110.6(1) - Qualified Small Business Corporation Share - Paragraph (c) - Subparagraph (c)(i) vacant land not used in carrying on a business if merely subdivided and sold 325
Tax Topics - Income Tax Act - Section 125 - Subsection 125(7) - Active Business Carried On by a Corporation an adventure is a business for s. 125(1) (but not 110.6) purposes even if it is not carried on 148

Timmins v. R., 99 DTC 5494, [1999] 2 CTC 133 (FCA)

Summary Under
Tax Topics - Income Tax Act - Section 122.3 - Subsection 122.3(1)
provision of services by governement for fees was an undertaking and business

The taxpayer was employed by the New Brunswick Department of Agriculture and Rural Development to assist in establishing and administering several...

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Words and Phrases
carried on business
Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Business N.B. government had a servicing undertaking, i.e., a business 169