Words and Phrases - "sustained (capital losses)"

a
85
b
44
c
76
d
50
e
38
f
31
g
18
h
14
i
73
j
2
k
2
l
32
m
55
n
25
o
38
p
79
q
3
r
76
s
89
t
46
u
15
v
9
w
22
y
2

The Minister of National Revenue v. Consolidated Glass Limited, 57 DTC 1041, [1957] CTC 78, [1957] S.C.R. 167

Summary Under
Tax Topics - Income Tax Act - Section 39 - Subsection 39(2)
"sustained" means actually realized

In computing its undistributed income on hand at the end of its 1949 taxation year, the taxpayer was entitled to deduct "all capital losses...

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Words and Phrases
sustained (capital losses)