9044 2807 Québec Inc. v. Canada, 2004 DTC 6636, 2004 FCA 23 -- summary under Subsection 256(1.2)

By services, 28 November, 2015

Noël J.A. indicated (at p. 6639) that in order to avoid any conflict between applying the results of the de jure control and de facto control:

"The Act now provides in subparagraph 256(1.2)(b)(ii) that a corporation may be controlled by a person notwithstanding that the corporation is also controlled or deemed to be controlled by another person. Accordingly, Transport Couture could exercise de facto over MR1 and MR2 although de jure lay elsewhere."

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Topic
Income Tax Act - s. 256(1.2)
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Node
Drupal 7 entity ID
337638
Extra import data
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