Csi Development Corp. v. R., 99 DTC 1139, [1999] 3 CTC 2421 (TCC) -- summary under Capital Dividend Account

By services, 28 November, 2015

McArthur TCJ. found that the amount added to the taxpayer's capital dividend account as the result of the realization by a partnership of an eligible capital amount should be based on the taxpayer's portion of the partnership's taxable income, rather than being 100% of the non-taxable portion of the receipt, as contended by the taxpayer.

Topics and taglines
Topic
Income Tax Act - s. 89(1) - Capital Dividend Account
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
338996
Extra import data
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