Shaver v. The Queen, 2003 DTC 2112, 2004 TCC 10 -- summary under Lessening of Competition

By services, 28 November, 2015

Expenses incurred by the taxpayer, an Amway distributor, in attending "business training seminars" (characterized by the court as conventions) in Canada and the U.S. were found to be on capital account given that "the acquisition of new skills and increased knowledge by the attendees forms an integral part of those seminars" (p. 2119).

Topics and taglines
Topic
Income Tax Act - s. 18(1)(b) - Capital Expenditure v. Expense - Lessening of Competition
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
335635
Extra import data
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