12 June 2013 STEP Roundtable, 2013-0481001C6 - 2013 STEP Canada Roundtable, Question 8 -- summary under Subsection 46(3)

The CRA considers that a set for these purposes is a number of properties belonging together and relating to each other. For example, in the case of the hobby of philately, in the past, the CRA considered that a set is a number of stamps which were produced and issued by one country simultaneously or over a short period of time. The fact that the value of a number of properties, if sold together, exceeds the aggregate of their values, if sold individually, may indicate the existence of a set. However, this is not in itself a decisive factor.

CRA indicated that paintings might be a set if they "were painted as a set and would ordinarily be disposed of as a set," such as a set of portraits of former premiers or of members of a family tree, but that being painted by the same artist does not itself indicate that there is a set.

Topics and taglines
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
323826
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
344774
Extra import data
{
"field_editor_tags": [],
"field_roundtable_subquestion": "8",
"field_stub": false,
"field_legacy_header": "<a href=\"/?p=20134\">12 June 2013 STEP Round Table Q. 8, 2013-0481001C6 (e.g. paintings by same artists; stamp collections)</a>"
}