Words and Phrases - "merchantable"

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1 September 1999 External T.I. 9901805 F - CONCESSION FORESTIERE

merchantable timber refers to marketable trees

In the context of various private woodlots having had a large number of trees damaged in the January 1998 ice storm, so that it was highly...

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Words and Phrases
merchantable
Locations of other summaries Wordcount
Tax Topics - Income Tax Regulations - Schedules - Schedule VI - Section 1 - Paragraph 1(a) - Subparagraph 1(a)(i) only timber from cut trees that will eventually be sold is taken into account 105
Tax Topics - Income Tax Regulations - Schedules - Schedule VI - Section 2 - Paragraph 2(b) timber that is measured is merchantable timber 44