This case is summarized above under s. 15(2.4)(e). Angers J found that there were no bona fide repayment arrangements for the taxpayer to repay a $1 million housing loan received by him from his corporation, as required by s. 15(2.4)(f), notwithstanding that he was required to pay back a minimum of $50,000 of principal a year and the term was 10 years.
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d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
334385
Extra import data
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