Keating v. The Queen, 2005 DTC 743, 2005 TCC 296 (Informal Procedure) -- summary under Legal and other Professional Fees

By services, 28 November, 2015

Legal fees incurred by the taxpayer in bringing an oppression action against her estranged husband and his companies for depleting her company of assets were incurred for the purpose of preserving a capital asset, and were not deductible.

Topics and taglines
Topic
Income Tax Act - s. 18(1)(a) - Legal and other Professional Fees
Tagline
fees incurred in oppression action re stripping of corpoate assets were capital expenditures
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
335316
Extra import data
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