Words and Phrases - "sham"
28 October 2010 Internal T.I. 2010-0376041I7 F - Contrat d'acquisition ou de location
Summary UnderTax Topics - General Concepts - Substance
contracts (e.g., leases) generally not recharacterized in the absence of sham
The text of this content is paywalled Mon.-Fri. except for the 1st full week of each month. Subscribe or log in for unrestricted access.
Words and Phrasessham
|Locations of other summaries||Wordcount|
|Tax Topics - Income Tax Act - Section 6 - Subsection 6(2) - Element E||lease where lessee got benefits of ownership even if it didn’t acquire title needed study to determine its true nature||171|
|Tax Topics - Income Tax Act - Section 13 - Subsection 13(21) - Undepreciated Capital Cost - A||lease where lessee got benefits of ownership even if it didn’t acquire title not necessarily a lease||135|