Words and Phrases - "goods"
17 May 2022 IFA Roundtable, Q.3
condo inventory did not qualify as “goods” under s. 95(3)(b)
A wholly-owned foreign affiliate (“FA”) of a corporation resident in Canada (“Canco”) provides marketing services for FMV fees to Canco...
Words and Phrases
goodsLocations of other summaries | Wordcount | |
---|---|---|
Tax Topics - Income Tax Act - Section 95 - Subsection 95(2) - Paragraph 95(2)(b) | s. 95(3)(b) exclusion unavailable where foreign sub’s services were the marketing of condo sales by Canco | 49 |
Canadian Wirevision Ltd. v. The Queen, 79 DTC 5101, [1979] CTC 122 (FCA)
Summary Under
Tax Topics - Income Tax Act - Section 125.1 - Subsection 125.1(3) - Canadian Manufacturing and Processing ProfitsTV signals not goods
A cable television company argued unsuccessfully that it was processing goods for resale when it processed T.V. signals for transmission to its...
Words and Phrases
goods