Robinson (Trustee Of) v. R., 98 DTC 6065, [1998] 1 CTC 272 (FCA) -- summary under Subsection 122(2)

By services, 28 November, 2015

An inter vivos trust that otherwise would have been grandfathered was found to be carrying on an active business in the year by virtue of being a limited partner of a Manitoba limited partnership. Stone JA stated in this regard that “all of the partners of a limited partnership carry on the business of the partnership.”

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limited partner carries on the active business of the partnership
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