15 June 1998 Internal T.I. 9802347 - BUSINESS INVESTMENT LOSSES -- summary under Subsection 50(1)

A corporation that had made a general conveyance of all its assets to its shareholder in the course of voluntary dissolution proceeding, with the shareholder assuming all its liabilities, was not insolvent, i.e., unable to pay its debts.

Topics and taglines
Topic
Income Tax Act - s. 50(1)
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
308386
Words and phrases
insolvent
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
344816
Extra import data
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