Words and Phrases - "representative"
11 September 2000 Ruling File Nos. 11601-3, 11650-10 and 11750-5-1
real estate nominee served as "representative" of beneficial owner for development expenditures
The Nominee holds legal title to lands (the "Property") as bare trustee for and on behalf of the Owner. Under the terms of the Nominee Agreement,...
Words and Phrases
representativeLocations of other summaries | Wordcount | |
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Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Recipient | beneficial owner was recipient of contracts entered into in name of nominee | 63 |