Zaenker v. The Queen, 2007 DTC 1365, 2007 TCC 440 -- summary under Subparagraph 20(1)(p)(ii)

By services, 28 November, 2015

Two loans made by the taxpayer were incidental to his ordinary business, which was dealing in real estate. His ordinary business did not include the lending of money. Accordingly, loan losses were non-deductible.

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Topic
Income Tax Act - s. 20(1)(p)(ii)
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
336210
Extra import data
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