Words and Phrases - "life annuity"

75
38
66
45
31
29
15
10
68
2
2
30
48
22
35
75
2
67
72
44
12
8
19
2

Scott Estate v. The Queen, 88 DTC 6012 (FCTD)

A lump sum payment in commutation of amounts owing under income-averaging annuity contracts did not constitute a payment under a "life annuity", which was defined inter alia for purposes of the 1942 Canada-U.S. Income Tax Convention as "a stated sum payable periodically at stated times during life."

Words and Phrases
life annuity