may

YELLOW POINT LODGE LTD. v. HER MAJESTY THE QUEEN, 2020 FCA 195 -- summary under Subsection 118.1(11)

Full Title
YELLOW POINT LODGE LTD. v. HER MAJESTY THE QUEEN, 2020 FCA 195
Summary Under
Tax Topics - Income Tax Act - Section 118.1 - Subsection 118.1(11)
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...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Words and Phrases
may
Summary Under
Tax Topics - Income Tax Act - Section 164 - Subsection 164(1)
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...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Words and Phrases
may

Sherman v. The Queen, 2000 DTC 1523 (TCC) -- summary under Section 127.531

Full Title
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...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Words and Phrases
may
may be deducted
Subscribe to RSS - may