20 May 2010 External T.I. 2009-0352801E5 F - Caractère raisonnable - honoraires de gestion -- summary under Section 67

When asked as to the reasonableness of management services charged to a professional partnership by a corporation owned by shareholders related to the partners, CRA stated:

[W]e cannot make a determination as to whether a fee paid is reasonable in the circumstances without knowing all the relevant facts, including the type of business of the taxpayer, the type of services provided, the time required to provide those services, and the availability and cost of similar services that might be provided by other businesses.

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d7 import status
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