Words and Phrases - "principal business"
2 June 2006 External T.I. 2006-0174671E5 F - Frais de repas et de logement
In finding that employees of a company working in the field of pumping and transporting liquid waste and who typically were required to drive more...
23 March 2017 CBA Commodity Taxes Roundtable, Q.1
Leasing companies and third-party administrators (e.g., insurance companies) might have their mix of exempt and taxable activities fluctuate...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Excise Tax Act - Section 149 - Subsection 149(1) - Paragraph 149(1)(a) - Subparagraph 149(1)(a)(viii) | multi-factor determination to whether Holdco has a principal business of money-lending | 97 |
15 September 1992 T.I. (Tax Window, No. 24, p. 9, ¶2179)
The expression "distribution or production" should be interpreted broadly and would include "transmission". Whether a corporation's principal...
Indema Ltd. v. The Queen, 92 DTC 6244, [1992] 1 CTC 309 (FCTD)
The taxpayer was incorporated in 1972 in order to act as a distributor, but four years later its objects were extended and in 1978 it agreed to...
Minister of National Revenue v. Consolidated Mogul Mines Limited, 68 DTC 5284, [1968] CTC 429, [1969] S.C.R. 54
In its 1957 to 1960 taxation years, the taxpayer carried on exploration work on properties in which it had a direct interest. However, its chief...
Jenkins v. The Queen, 2005 DTC 384, 2005 TCC 167 (Informal Procedure)
In finding that the principal place of business for the taxpayers, who carried on through a partnership a fishing business using two boats owned...