In finding that the Minister was statute-barred in assessing a corporation and its shareholder on the basis that property had been transferred from the corporation to the shareholder at an undervalue, Lamarre J. indicated that it was plausible that the taxpayers judged the method used by their appraiser to be the proper one for estimating the property's fair market value, after having noted (p. 3089) that "the matter of fair market value is a controversial issue" rather than a "clear-cut issue".
Topics and taglines
Tagline
under-valuation not a "clear-cut issue"
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
334527
Extra import data
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}
"field_legacy_header": "<a id=\"Petric\"></a><strong><em>Petric v. The Queen</em></strong>, 2006 DTC 3082, 2006 TCC 306 <strong>[under-valuation not a \"clear-cut issue\"]</strong>",
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