After the taxpayer entered into an agreement entitling him to sell advertising and distribute a specified magazine in his particular area, nothing further was done by him or by a marketing company that supposedly was to sell advertising on his behalf. Accordingly, a sum that he paid as an advance against royalties did not relate to any business carried on by him and, therefore, was non-deductible.
Topics and taglines
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
335413
Extra import data
{
"field_legacy_header": "<strong><em>James v. The Queen</em></strong>, 95 DTC 394 (TCC)",
"field_override_history": false,
"field_sid": "",
"field_topic_category": "seealso"
}
"field_legacy_header": "<strong><em>James v. The Queen</em></strong>, 95 DTC 394 (TCC)",
"field_override_history": false,
"field_sid": "",
"field_topic_category": "seealso"
}