The Queen v. Cranswick, 82 DTC 6073, [1982] CTC 69 (FCA) -- summary under Dividend

By services, 28 November, 2015

The income which is typically earned by shares is dividends. A payment on shares that was of an unusual and unexpected kind, i.e., a voluntary payment by the company to avoid a possible complaint by the shareholders about the sale of part of the company's assets, was not income from those shares to the shareholders.

Topics and taglines
Topic
Income Tax Act - s. 248(1) - Dividend
Words and phrases
dividend
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
337197
Extra import data
{
"field_legacy_header": "<a id=\"Cranswick\"></a><strong><em>The Queen v. Cranswick</em></strong>, 82 DTC 6073, [1982] CTC 69 (FCA)",
"field_override_history": false,
"field_sid": "",
"field_topic_category": ""
}