Truckbase Corporation v. The Queen, 2006 DTC 2930, 2006 TCC 215 (Informal Procedure) -- summary under Legal and other Professional Fees

In finding that professional fees incurred by a corporation for the preparation of shareholder agreements were fully deductible with the exception of the portion acknowledged by the taxpayer to be eligible capital expenditures, McArthur J. found that the revised Shareholder Agreements gave rise to a corporate structure that made the business of the corporation more profitable and, respecting an argument that the expenditures were on capital account, indicated (at p. 2934) that he would "liken the redrafting of the Shareholder Agreements as the maintaining of an asset and (at p. 2935) the Shareholder Agreements were "amended to function as originally intended".