Montreal Trust Company v. Minister of National Revenue, 62 DTC 1242, [1962] CTC 418, [1962] S.C.R. 570 -- summary under Leases and Licences

By services, 28 November, 2015

A gain realized by a corporation, which at no time had dealt in the purchase and sale of oil or other mineral rights to others, from the disposition of a 1/2 interest under an oil farm out agreement was realized on capital account.

Topics and taglines
Topic
Income Tax Act - s. 9 - Capital Gain vs. Profit - Leases and Licences
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
339097
Extra import data
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