Words and Phrases - "used or held"

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
55
n
25
o
38
p
79
q
3
r
76
s
88
t
46
u
15
v
9
w
22
y
2

Independent Order of Foresters v. The King, 2023 TCC 123

Summary Under
Tax Topics - Income Tax Regulations - Regulation 2400 - Subsection 2400(1) - Canadian Investment Fund - Paragraph (a) - Subparagraph (a)(ii) - Clause (a)(ii)(B)
assets in excess of a threshold were to an extent not used or held in the insurance business, and were excluded from CIF

The taxpayer was a Canadian resident fraternal benefit society and a life insurer providing fraternal benefits, e.g., accident and sickness...

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Words and Phrases
used or held
Locations of other summaries Wordcount
Tax Topics - Income Tax Regulations - Regulation 2401 - Subsection 2401(2) - Paragraph 2401(2)(d) Foresters could reduce its taxable life insurance income by allocating assets under Reg. 2401(2)(d) to its exempt accident and sickness insurance business 389
Tax Topics - Income Tax Act - Section 149 - Subsection 149(4) s. 149(4) did not deem the non-life businesses of the insurer not to exist 327