Lipson v. The Queen, 2012 DTC 1064 [at at 2796], 2012 TCC 20 -- summary under Taxable Canadian Property

By services, 28 November, 2015

The taxpayers received a number of capital distributions from the liquidator of their mother's "succession" (a Quebec estate), but only filed a notice under s. 116(3) respecting the final distribution. The Minister assessed penalties against the taxpayers on the basis that the taxpayer was deemed under para. (d) of the definition in s. 248(1) of disposition to have disposed of taxable Canadian property (an interest in a trust) without filing the required notices under s. 116(3) respecting the previous distributions.

Jorré J. allowed the taxpayer's appeal. As Quebec succession is not a trust, the distributions did not represent dispositions of interests in a trust. Although s. 104(1) provided that a reference to "trust" or "estate" included an executor or a liquidator of a succession, this merely facilitated a drafting technique to permit the word "trust" or "estate" to refer both to a trust or estate, and the persons charged with responsibility for carrying out the obligations of the trust or estate, as the case may be - and did not have the effect of deeming a Quebec succession to be a trust.

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