Words and Phrases - "legal ownership"

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18 July 2022 External T.I. 2021-0887121E5 - Feeder Cattle Loan Guarantee Program

members of a corporate co-op likely were the beneficial owners of the co-op cattle inventory notwithstanding the documentation’s contrary label

As an economic matter, members of a feeder cattle finance cooperative established under the Co-operative Corporations Act used money borrowed on...

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Inventory members of co-op were likely the beneficial owners of cattle purchased with co-op financing notwithstanding that the documents accorded legal and beneficial ownership to the co-op 442