BlackBerry Limited v. The King, 2024 TCC 123 -- summary under Subsection 91(4)

By services, 2 October, 2024

BlackBerry had acquired four US companies (the “US Affiliates”) so that it could benefit from the tech expertise and services of their employees, who mostly remained in the US. The US Affiliates charged fees to BlackBerry for R&D services on a cost plus 8% basis, and BlackBerry provided service of greater value to the US Affiliates.

After finding that that s. 95(2)(b)(i) did not apply to include the fees of the US Affiliates in computing the foreign accrual property income (FAPI) given the reciprocal nature of the services, and that the exclusions under ss. 95(3)(b) and (d) were also available, in obiter, Bocock J accepted the Crown’s submission that, if the fees for the R&D services were FAPI, there was no FAT deduction because the CIRA (US tax credit for increasing research activities) should be wholly allocated to the US Affiliates whose R&D activities generated the credit rather than to the consolidated US group as a whole.

Topics and taglines
Tagline
US tax credit for R&D work of US affiliates was allocated to the US consolidated group (earning business income) rather than to those particular affiliates (allegedly earning FAPI)
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
877283
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
877284
Extra import data
{
"field_legacy_header": "",
"field_override_history": false,
"field_sid": "",
"field_topic_category": "seealso"
}
Workflow properties
Workflow state