Words and Phrases - "used in business"
The Queen v. Marsh & McLennan, Ltd., 83 DTC 5180, [1983] CTC 231 (FCA)
Summary Under
Tax Topics - Income Tax Act - Section 129 - Subsection 129(4) - Canadian Investment Incomefunds employed and risked in the business were used in the business
Interest earned, on the investment of funds received by an insurance broker, during the period before those funds had to be paid to the insurers,...
Words and Phrases
used in businessLocations of other summaries | Wordcount | |
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Tax Topics - Income Tax Act - Section 248 - Subsection 248(1) - Property | 51 |
Ensite Ltd. v. R., 86 DTC 6521, [1986] 2 CTC 459, [1986] 2 S.C.R. 509
deposits met a requirement of the business and thus were used in the business
The taxpayer made U.S. dollar deposits with commercial banks in order to reduce its net borrowing cost under a swap arrangement respecting an...
Words and Phrases
used in business