The decision in West Kootenay (92 DTC 6023) "confirms that income for tax purposes, must be computed in accordance with a method within GAAP that produces the 'truer picture' and when there is only acceptable method within GAAP and that method is reflected in the financial statements, the income for tax purposes, absent a specific provision of the Act, should not be different".
Topics and taglines
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
313520
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
346129
Extra import data
{
"field_editor_tags": [],
"field_roundtable_subquestion": "23",
"field_stub": false,
"field_legacy_header": "1994 Institute of Chartered Accountants of Nova Scotia Round Table, Q. 23, File No. 7-940148 (CTO \"Taxation of Amounts Receivable\")"
}
"field_editor_tags": [],
"field_roundtable_subquestion": "23",
"field_stub": false,
"field_legacy_header": "1994 Institute of Chartered Accountants of Nova Scotia Round Table, Q. 23, File No. 7-940148 (CTO \"Taxation of Amounts Receivable\")"
}