Shaver v. The Queen, 2003 DTC 2112, 2004 TCC 10 -- summary under Subsection 20(10)

By services, 28 November, 2015

Expenses incurred by the taxpayer, an Amway distributor, in attending "business training seminars" in Canada and the U.S. were found to be capital expenditures whose deduction was limited by s. 20(10). Lamarre J. stated (at p. 2119):

"... The seminars in question herein can very well be defined as formal meetings of members of an organization (Amway) that are held for business purposes and that result in the acquisition of knowledge by those attending them. Accordingly, in my view, these seminars are conventions ... ."

Topics and taglines
Words and phrases
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
336214
Extra import data
{
"field_legacy_header": "<strong><em><a name=\"Shaver\"></a>Shaver v. The Queen</em></strong>, 2003 DTC 2112, 2004 TCC 10",
"field_override_history": false,
"field_sid": "",
"field_topic_category": "seealso"
}