Words and Phrases - "moving expenses"
Storrow v. The Queen, 78 DTC 6551, [1978] CTC 792 (FCTD)
"Only outlays incurred to effect the physical transfer of the taxpayer, his household and their belongings to the new residence are deductible". The natural and ordinary meaning of the expression "moving expenses", "does not include (except as may be specifically delineated in ss.62(3)) such things as the increase in cost of the new accommodation over the old (whether by virtue of sale, lease, or otherwise), the cost of installing household items taken from the old residence to the new, or the cost of replacing or re-fitting household items from the old residence (such as drapes, carpeting, etc.)".
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Statutory Interpretation - Interpretation/Definition Provisions | "includes" does not subtract ordinary meaning | 46 |
Gold v. The Queen, 77 DTC 5430, [1977] CTC 616 (FCTD)
The deductible expenses of the taxpayer's move from Montreal to Ottawa did not include the living and tuition expenses for the following year of his son who completed his high school studies in Montreal rather than coming to Ottawa to complete his final year. "[T]he words 'moving expenses' mean the expenses incurred in physically moving and in actually changing residence and certain other very specific expenses relating directly to the actual move and reinstallation and do not mean an amount to compensate for incidental disturbances or damages not related to the actual move and reinstallation in the new residence."
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 9 - Capital Gain vs. Profit - Shares | 64 |