Perrault v. The Queen, 78 DTC 6272, [1978] CTC 395 (FCA) -- summary under Subsection 84(2)

By services, 28 November, 2015

A substantial dividend was not paid on the "winding-up, discontinuance or reorganization" of a company's business because, following the payment (and the sale of one of the company's two plants), the company continued to carry on business for over a year, "albeit on a reduced scale". (p. 6277) (s.81(1) of the old Act)

Topics and taglines
Topic
Income Tax Act - s. 84(2)
Tagline
business continued "on a reduced scale"
Words and phrases
winding-up
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
338922
Extra import data
{
"field_legacy_header": "<strong><em><a name=\"Perrault\"></a>Perrault v. The Queen</em></strong>, 78 DTC 6272, [1978] CTC 395 (FCA)",
"field_override_history": false,
"field_sid": "",
"field_topic_category": ""
}