Words and Phrases - "trading stock"

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

Fraser v. London Sports Car Centre Ltd., [1984] BTC 409 (HC), aff'd [1985] BTC 547 (C.A.)

Summary Under
Tax Topics - Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(gg)

Sports cars that were supplied to a motor vehicle dealer subject to reservation of title by the supplier, were brought into account in computing...

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Words and Phrases
trading stock

Reed v. Nova Securities Ltd., [1985] BTC 121 (HL)

Summary Under
Tax Topics - Income Tax Act - Section 112 - Subsection 112(2.1)

As interpreted in General Motors Acceptance Corporation (U.K.) Ltd. v. IRC, [1987] BTC 71 (C.A.).

Shares acquired by the taxpayer did not...

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Words and Phrases
trading stock ordinary course of the trade