Ledoux c. La Reine, 2000 DTC 6465, 2001 FCA 130 (FCA) -- summary under Sham

By services, 28 November, 2015

The Court affirmed (at p. 6466) the findings of the trial judge that a series of complex transactions comprising 43 stages that were completed within a few days, whose apparent purpose was to transmute an income-account gain into a capital gain, "did not reflect the actual transactions completed and did not correspond to the actual relationships formed between the parties: in short, it constituted a deception, a subterfuge, a sham".

Topics and taglines
Topic
General Concepts - Sham
Tagline
documents did not reflect actual transactions
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
333102
Extra import data
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"field_legacy_header": "<strong><em>Ledoux v. The Queen</em></strong>, 2000 DTC 6465, Docket: A-813-97 (FCA) <strong>[documents did not reflect actual transactions]</strong>",
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"field_sid": "",
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}