Tags » Income Tax Act
Cléroux v. R. – TCC: Shareholder negligent in not reporting taxable benefit – taxation year not statute-barred.
Cléroux v. The Queen  (November 20, 2014) involved the sole shareholder and director of a corporation acquiring all of the shares of its wholly-owned subsidiary for less than fair market value: 1,090 more words
Zailo v. R. – TCC: No tuition credit for a program leading to a “certificate” at a university outside Canada.
Connolly v. R. – TCC: Taxpayer loses appeal of subsection 160(1) assessment for transfers from common law spouse.
Re Pallen Trust – BCSCt: Rectification granted where attribution-based trust tax plan based on mistake of law.
Re: Pallen Trust (February 27, 2014) was a decision of the Supreme Court of British Columbia on a rectification application. The applicant Pallen Trust (the “Trust) had been created in 2007 as part of a tax plan based on what subsequently turned out to be an incorrect understanding of the operation of the attribution rule under subsection 75(2) of the Income Tax Act: 1,609 more words
The Legal Post quoted William Innes on Tax Litigation today in connection with the Eleanor Martin costs appeal by CRA.