Coome v. The Queen, 2007 DTC 1522, 2007 TCC 493 (Informal Procedure) -- summary under Business Source/Reasonable Expectation of Profit

By services, 28 November, 2015

A real estate agent who showed persistent losses and who in the taxation years in question earned minimal revenue from his activity was found not to be engaged in his activity in a commercial manner or with businesslike behaviour, with the result that his claimed losses were non-deductible.

Topics and taglines
Topic
Income Tax Act - s. 3(a) - Business Source/Reasonable Expectation of Profit
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
337749
Extra import data
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