A corporation pays wages to an individual employee who was also a shareholder and a portion of the wages is subsequently determined to be unreasonable pursuant to s. 67. Although the overpayment would otherwise be income under s. 15(1), s. 248(28) would exclude the application of s. 15(1), so that there was no double taxation.
Topics and taglines
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
817283
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
817284
Extra import data
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Workflow properties
Workflow state