Words and Phrases - "sustains"

a
85
b
44
c
75
d
50
e
38
f
31
g
18
h
14
i
72
j
2
k
2
l
32
m
54
n
25
o
38
p
79
q
3
r
76
s
88
t
46
u
15
v
9
w
22
y
2
“
1

Reed v. Young, [1984] BTC 424 (C.A.), aff'd [1986] BTC 242 (HL)

Summary Under
Tax Topics - Income Tax Act - Section 39 - Subsection 39(2)
sustained means incurred or suffered

"The word 'sustains' ... means no more than 'incurs' or 'suffers'." A trading "loss is only sustained because debts and liabilities have been...

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Words and Phrases
sustains