Words and Phrases - "in the course of"
28 April 2004 Internal T.I. 2004-0066991I7 F - Paiement incitatif
incentive payments received from broker to purchase an exempt life insurance policy were received “in the course of earning income from … property” (the policy)
As an incentive for the sale of exempt life insurance policies (having a savings and investment component) a life insurance brokers would pay to...
Locations of other summaries | Wordcount | |
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Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Property | property “includes practically any type of economic interest” | 142 |
Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose | per MacIntyre, life insurance premiums are not deductible from business income | 192 |
MNR v. Yonge-Eglinton Building Ltd., 74 DTC 6180, [1974] CTC 209 (FCA)
In connection with the interim construction of a building, the taxpayer agreed in 1962 to pay interest on the borrowed money at a rate of 9%, plus...
Locations of other summaries | Wordcount | |
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Tax Topics - Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(c) | 79 |
Higgs v. Olivier (1952), 33 TC 136 (C.A.)
Before going on to find that a lump sum received by an actor in consideration for his covenant not to exercise his vocation for a period of 18...
Words and Phrases
in the course ofLocations of other summaries | Wordcount | |
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Tax Topics - Income Tax Act - Section 9 - Exempt Receipts/Business | 129 | |
Tax Topics - Income Tax Act - Section 9 - Expense Reimbursement | 129 |
Blok-Andersen v. MNR, 72 DTC 6309, [1972] CTC 338 (FCTD)
In the course of considering a submission that s. 85B(1)(B) of the pre-1972 Act (now s. 12(1)(b)) did not apply to an adventure in the nature of...
Words and Phrases
in the course of