Words and Phrases - "may"
YELLOW POINT LODGE LTD. v. HER MAJESTY THE QUEEN, 2020 FCA 195
requirement to assess where conditions met
A taxpayer, who donated an interest in ecologically sensitive land to two qualified donees in 2008, unsuccessfully argued that the gift was not...
Words and Phrases
may| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - 101-110 - Section 110.1 - Subsection 110.1(1) - Paragraph 110.1(1)(d) - Subparagraph 110.1(1)(d)(iii) | ecological gift was made in the year its ownership was transferred rather than subsequently when the certification conditions under s. 110.1(1)(d)(ii) were met | 310 |
| Tax Topics - Statutory Interpretation - French and English Version | "peut" (may) in French version accorded with a sense of the English version's "shall" | 80 |
8 October 2008 Internal T.I. 2008-0269581I7 - statute-barred refund
request to extend filing deadline or re-appropriate
The corporate taxpayer requested that CRA exercise its discretion under any of ss. 220(2.1), 220(3) and 221.2(1) to refund an overpayment where...
Words and Phrases
may| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 164 - Subsection 164(1.5) | "may" establishes CRA discretion | 128 |
| Tax Topics - Income Tax Act - Section 220 - Subsection 220(2.1) | request to extend filing deadline | 70 |
| Tax Topics - Income Tax Act - Section 220 - Subsection 220(3) | request to extend filing deadline | 70 |
| Tax Topics - Income Tax Act - Section 221.2 - Subsection 221.2(1) | request to re-appropriate | 88 |
Sherman v. The Queen, 2000 DTC 1523 (TCC)
Summary Under
Tax Topics - Income Tax Act - Section 127.531"may be deducted" references permissive deduction
In affirming the taxpayer's ability to deduct charitable credits in computing his AMT without also deducting them in computing his liability for...