Duha Printers (Western) Ltd. v. Canada, [1998] 1 SCR 795, 98 DTC 6334, [1998] 3 CTC 303 -- summary under Tax Avoidance

In finding that the transactions under consideration had successfully avoided the change-of-control provisions of the Act, Iacobucci C.J. stated (at p. 6350) that "it is well established in the jurisprudence of this Court that no 'business purpose' is required for a transaction to be considered valid under the Income Tax Act, and that a taxpayer is entitled to take advantage of the Act even where a transaction is motivated solely by the minimization of tax".